Emirates Islamic Launches New Commodity Hedging Solutions

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced the expansion of its Treasury and Markets offerings with an innovative line-up of Commodity Hedging Solutions. The launch marks a pivotal milestone for Emirates Islamic further reinforcing its commitment to the ‘We, the UAE 2031’ vision.

With the rise in sophistication in the Islamic finance industry, such products are accelerating growth momentum in the region and setting new standards in innovation. The introduction of this new asset class empowers businesses to effectively manage risk and navigate commodity markets with confidence and maintain stability and cashflow.

Covering commodities including crude oil (Brent crude and WTI crude), natural gas (US Henry Hub), refined oil products (Singaporean Gasoil 10ppm and Singaporean Jet Kerosene) and base metals (aluminium, copper, lead, nickel and zinc), the new solutions reflect Emirates Islamic’s ongoing efforts to meet the evolving needs of its clients.

Now live, Emirates Islamic’s Commodity Hedging Solutions mark a major expansion of the bank’s Treasury and Markets capabilities enabling the team to deliver bespoke, Shariah-compliant risk-management solutions across commodities, profit-rate hedging solutions and FX options.

Mohammad Kamran Wajid, Deputy Chief Executive Officer at Emirates Islamic, said: “We are pleased to achieve this key milestone in Emirates Islamic's journey. The launch of our Commodity Hedging Solutions and the completion of our inaugural transaction underscore our dedication to serve our customers, build communities and create lasting value powered by innovation. This initiative strengthens our role in advancing the nation’s position as a global centre of Shariah-compliant finance, in line with ‘We, the UAE 2031’ vision, through our scale and expanding suite of Shariah-compliant products.”

Ebrahim Khalil Qayed, Head of Treasury and Markets at Emirates Islamic, said: “Today’s market demands increased agility and robust risk management, Emirates Islamic continues to set new benchmarks in Islamic finance. Our new Commodity Hedging Solution is designed to safeguard businesses by allowing them to plan ahead and unlock opportunities for growth. With insight, transparency and discipline, Emirates Islamic is helping to build a more responsible financial ecosystem for the UAE and beyond.”

This new offering reinforces Emirates Islamic’s role as a trusted, stable and growth-oriented Islamic bank that actively partners with clients over the long term and supports the UAE’s economic development agenda.