United Arab Emirates, Dubai, September 1 st 2010: Emirates Islamic Bank announced its new "Intaleq" vehicle finance promotion in association with Al Habtoor Motors. Under this plan, individual customers will have the opportunity of owning any BRand new Mitsubishi vehicle in an easy and convenient way.

This special offer consists of many key features which are aimed at providing maximum customer satisfaction. Offering extremely competitive profit rates coupled with 50% reduction on the processing fee makes the promotion a truly unique one. In addition there is an installment holiday for 90 days and a maximum tenor of up to 72 months is being offered. The bank will also provide financing for Islamic insurance. The promotion is up to 30 th September 2010 and is subject to terms and conditions.

Mr. Faisal Aqil, GM Retail Banking, Emirates Islamic Bank ed, "At Emirates Islamic Bank, we always remain committed to offering creative and expedient products and services that have a positive impact in the day to day lives of our customers and that they can genuinely benefit from. We are very pleased to have formed this new alliance with our esteemed partners Al Habtoor Motors and look forward to running a highly successful promotion."

Mr. Karl Hamer, Managing Director, Al Habtoor Motors noted, "Al Habtoor Motors are always looking for innovative ways to assist our customers when they buy their new vehicles, Mitsubishi has enjoyed increased market share over recent months due to your support. EIB has become a major provider offering excellent terms to our Mitsubishi drivers and we are extremely pleased to run this promotion through the holy month of Ramadan, once again demonstrating EIB's commitment to AHM and the UAE motorist

Emirates Islamic Bank is a regional pioneer in the field of Islamic banking offering customers complete accessibility with a large network and a full range of electronic, automated and 24-hour banking products and services.

-Ends-

About Emirates Islamic Bank:
Emirates Islamic Bank opened its doors in October 2004 with a mission to provide consumers in the UAE with effective and innovative Shari'a-compliant financial solutions. The Bank offers a range of Shari'a compliant products and services conforming to the highest standards of Islamic finance and all its activities are overseen by a Shari'a board comprising several prestigious scholars of Islamic law. On the retail side, the bank has an array of products, such as a full range of credit cards including Visa Infinite Card; Manzili Home Finance, Intaleq Car Finance, and many other products. The bank has also launched Al Reem Ladies Banking, a specialized banking service designed to cater to the banking and financial needs of women in the region.

The bank also offers Ethmar priority banking to suit the demands of the high-net-worth clients.

Emirates Islamic Bank is very active on the Corporate Banking level, seeking exceptional investment opportunities in the local as well as the regional market. Within almost three years of its inception Emirates Islamic Bank has managed to position itself as one of leading financial players in the UAE's banking sector. The bank's rapid growth and success is mainly due to its continued successful launch of Shari'a compliant products, services and other key business initiatives. EIB is headquartered in Dubai, employs more than 800 staff and has currently 30 BRanches across the UAE.

Issued on behalf of Emirates Islamic Bank by tamra C2 pR. For additional information please contact Chuma Goodwin, pR General Manager at nina.v@tamra-c2.com ; Tel: 04 295 11 77. Fax: 04 295 11 88

© press Release 2010