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Trading

List of Islamic Banks in the UAE

Published by Gbaf News

Posted on April 2, 2013

1 min read

· Last updated: June 17, 2020

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1 Dubai Islamic Bank
2 Abu Dhabi Islamic Bank
3 Emirates Islamic Bank
4 Noor Islamic Bank
5 Al Hilal Bank
6 HSBC Amanah
7 Sharja Islamic bank
8 Badr Al-Islami(Islamic Banking Division of Mashreq Bank)
9 Attijari Al Islami(Islamic Banking arm of Commercial Bank of Dubai)

Key Takeaways

  • The UAE hosts several fully Sharia‑compliant Islamic banks operating under CBUAE regulation.
  • Dubai Islamic Bank, founded in 1975, is the world’s first full‑service Islamic bank and largest in the UAE by assets. (en.wikipedia.org)
  • Abu Dhabi Islamic Bank, established in 1997, is a leading modern Islamic bank with strong digital innovation. (en.wikipedia.org)
  • Other key players include Emirates Islamic (part of Emirates NBD, founded 2004), Sharjah Islamic Bank, Noor Bank (now merged into DIB), Al Hilal Bank, Badr Al‑Islami (Islamic window of Mashreq) and Attijari Al Islami (Islamic arm of Commercial Bank of Dubai).

References

Frequently Asked Questions

Which was the first Islamic bank in the UAE?
Dubai Islamic Bank, established in 1975, is the world’s first full‑service Islamic bank. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Dubai_Islamic_Bank?utm_source=openai))
Is Noor Bank still operating independently?
No, Noor Bank merged into Dubai Islamic Bank (DIB) around 2020–2021 and its services continue under DIB. ([growislamic.com](https://growislamic.com/list-of-banks-in-uae-2026/?utm_source=openai))
What defines a fully Islamic bank versus Islamic window?
Fully Islamic banks are standalone Sharia‑compliant institutions; Islamic windows are dedicated divisions within conventional banks offering Sharia‑compliant services. ([centralbank.ae](https://www.centralbank.ae/en/our-operations/islamic-finance/islamic-banking/?utm_source=openai))

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