Emirates Islamic, one of the leading Sharia-compliant banks in the UAE, has launched a campaign to support SMEs by offering them preferential charges on the trade processing fees. Under this campaign, the bank’s SME clients affected by higher freight rates on specific routes due to the Covid-19 pandemic and the resulting port disruptions and other factors will get a discount of up to 10% on its trade processing fees. The proposed price relief will reduce the cost burden of the concerned SME traders and thereby improve their overall business health.
