Trade Finance

Preferential pricing on Trade guarantee services In favor of UAE Government entities

On the occasion of the UAE’s ‘Year of the 50th’ and to continue supporting customers who are bidding or working on projects related to various UAE government institutions and entities, Emirates Islamic is pleased to offer you preferential pricing for the issuance of guarantees to be issued to any UAE government institution or entity.

Guarantee Type Existing pricing Preferential pricing in favor of UAE Government entities
Fixed expiry 2% p.a.* 1.5% p.a.
Open-ended expiry/Auto-renewable 2.5% p.a.** 1.95% p.a.

*minimum charge of AED 400 for 3 months
**minimum charge of AED 500 for 3 months

Validity: The pricing is valid from 22 June to 31 December 2021.

Eligibility:The reduced pricing is applicable to customers placing cash margin/collateral (as agreed with the customer) for the issuance of the guarantee.

How to apply:

  • To complete the application for Issuing Bank guarantee please click here
  • Each guarantee application form is to be attached with Pledge Agreement. Please click here
  • Copy of current Trade License

Please visit the nearest Emirates Islamic branch with the above documents.

We invite you to explore Emirates Islamic’s other products for your trade requirements and business needs. Please click here for details.

To know more, contact your Relationship Manager or call us on 043160080.

Terms & Conditions apply

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