The collaboration will see the bank addressing EDGE Group’s treasury requirements
Emirates Islamic has announced a landmark partnership with EDGE Group, one of the world’s leading advanced technologies and defence groups.
The agreement, formalised at a recent signing ceremony, will see Emirates Islamic provide innovative Islamic banking financing solutions tailored to meet EDGE Group’s diverse treasury requirements.
This collaboration marks the initial phase of a long-term cooperation between the two entities, designed to address a wide spectrum of local and international financing opportunities.
Expanding suite of products
“Through our scale, innovation and expanding suite of products, we continue to advance the development of Islamic finance and deliver solutions that meet the evolving needs of businesses across sectors,” affirmed Mohammad Kamran Wajid, Deputy Chief Executive Officer, Emirates Islamic.
“Securing innovative financing solutions is crucial for EDGE as we continue to expand our global footprint and accelerate the development of advanced technologies,” stated Rodrigo Torres, President & Group CFO, EDGE Group.
The bank remains a key enabler in the UAE’s Islamic Banking and Finance Industry, committed to advancing the development of Islamic finance through its scale, innovation and expanding suite of Shari’ah-compliant solutions, a press statement concluded.
