Sharjah Islamic Bank

Sharjah

Bank Logo

Sharjah Islamic Bank (SIB), initially known as the National Bank of Sharjah, is a publicly listed Islamic bank with its headquarters in the emirate of Sharjah, United Arab Emirates. Founded in 1975, SIB has grown to become a global player in the banking industry, renowned for its commitment to Islamic banking principles. It operates its banking, financing, and investing activities in accordance with Islamic Shari'a, ensuring all its transactions and dealings are characterized by honesty, integrity, and transparency.

Services and Operations

SIB provides a wide selection of Shari'a-compliant retail and commercial banking products and services. Its comprehensive range of personal banking services includes savings and current accounts, credit cards, personal finance, home finance, auto finance, and investment opportunities, among others. For businesses and high net worth individuals, SIB offers services such as corporate finance, trade finance, treasury and investment services, and wealth management. The bank also offers innovative digital banking solutions, enabling customers to conduct their banking transactions anytime, anywhere.

Awards and Recognition

Sharjah Islamic Bank's commitment to excellence in banking and finance has garnered it numerous awards and recognition. Recently, SIB was awarded the 2023 Dubai award for the Learning Culture of the Year. This recognition attests to the bank's commitment to continuous learning and improvement, both at an organizational level and in the development of its employees.

Global Presence

Despite its roots in Sharjah, SIB has a significant presence beyond the borders of the UAE. The bank has leveraged its robust financial position and innovative banking solutions to expand its reach globally, offering its services to a diverse clientele from different parts of the world. This international presence, coupled with its steadfast commitment to Islamic banking principles, has positioned SIB as a leading global player in the Islamic banking sector.

Main Branch Location

The main branch of Sharjah Islamic Bank is located at Al Khan Corniche, near Al Qasba Canal, Sharjah, UAE. However, the bank has other branches spread across the UAE, providing easy access to its services to customers all over the country.

Branches

Sharjah Islamic Bank, Mall of the Emirates Branch

Dubai Sheikh Zayed Road 783 Mall of the Emirates - Dubai

Sharjah Islamic Bank, Port Saeed Branch

Dubai - 13b street (Port Saeed 3, Sharjah Islamic Bank - Port Saeed - Dubai

Sharjah Islamic Bank, Sheikh Zayed Road Branch

Nassima Tower - 30 Sheikh Zayed Rd - Trade Centre - Trade Centre 1 - Dubai

Sharjah Islamic Bank, Mirdif City Center

City Center - Dubai - 70 E311 - Mirdif - Dubai

Sharjah Islamic Bank, Wasit Branch

Sharjah Al Wasit street 409 - Sharjah

Sharjah Islamic Bank, King Faisal Branch (Ladies and Gents)

Al Fakhama Tower - Sharjah King Faisal street Faisal 2 Sharjah Islamic Bank - King Faisal St - Al Majaz 1 - Al Majaz - Sharjah

Sharjah Islamic Bank, Main Branch

Al Khan - Sharjah

Sharjah Islamic Bank, Maliha Road Branch & SIB Operations Center

Maleha St - Warehouses Land - Sharjah

Sharjah Islamic Bank, Al Twar Branch

Dubai Al Nahda Road 185 Arzoo Building - 171 Al Nahda St - Al Qusais - Al Qusais 2 - Dubai

Sharjah Islamic Bank, Matajer Al Jurainah Branch

Sharjah Maleha street 6/1 Matajer Al Juraina Mall - Sharjah

Sharjah Islamic Bank, Muwaileh Branch

8F55+F5P - 354 - 4a University City Road - Muwaileh Commercial - Industrial Area - Sharjah

Sharjah Islamic Bank, Sharjah University - Ladies Branch

Sharjah Block G street (Sharjah University City w3 Women Student Center - Sharjah

Sharjah Islamic Bank Hazza Bin Zayed Branch

Al Ain Hamdan Bin Mohammad street - 65 Al Ain Square 11 - Abu Dhabi

Sharjah Islamic Bank Economic Department Branch

Sharjah Sharjah Economic Development Department Al Layyah Area Sharjah Economic Development Department Building - Sharjah

Sharjah Islamic Bank Rahmania Mall Branch

Rahmania Mall, Entrance A - Sharjah

Sharjah Islamic Bank, Buhaira Branch

149 Corniche St - Al Majaz 3 - Al Majaz - Sharjah

Sharjah Islamic Bank, Sharjah University - Gents Branch

Sharjah University 1 Interchange street 16/3 - Sharjah

Sharjah Islamic Bank, Sharjah Court Branch

Sharjah Corniche 2 street 2 Sharjah Labour Court, Dar Al Qaza - Sharjah

Sharjah Islamic Bank, American University of Sharjah

University City - Sharjah

Sharjah Islamic Bank, Abu Dhabi Mall Branch

Abu Dhabi Mall, First Floor - Abu Dhabi

Sharjah Islamic Bank, Dubai Festival City Mall

Dubai Festival City Mall - North Entrance - Dubai

Sharjah Islamic Bank, Al Khalidya Branch

Abu Dhabi Huroush street (Al Khalidiyah 3 Shining Tower - Abu Dhabi

Sharjah Islamic Bank, Matajer Al Mirgab Branch

Sharjah Tamim Bin Hamam street (Al Mergab 4 Matajer Al Mirgab Mall - Sharjah

Sharjah Islamic Bank, Saif Zone Branch

a1-3 - Sharjah Block A1 street - Saif Zone - Sharjah

Sharjah islamic bank al ittihad road

784J+H4W - Port Saeed - Dubai

Sharjah Islamic Bank, Al Hamriya Branch

Al Ittihad Road - inside Al Hamriyah Free Zone - Hamriya Free Zone - Sharjah

Personal

Mortgages

Sharjah Islamic Bank Logo
Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 300 months
Loan-to-Value (LTV): 85.00%
Processing Fee: 1.00% of loan amount.

Features:

Only available for properties approved by the bank.

Sharjah Islamic Bank Logo
Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 300 months
Loan-to-Value (LTV): 75.00%
Processing Fee: 1.00% of loan amount.

Features:

Disbursement based on construction milestones.

Sharjah Islamic Bank Logo
Interest Rate: EIBOR-based
APR: N/A
Loan Tenure: 180 months
Loan-to-Value (LTV): 70.00%
Processing Fee: 1.00% of loan amount.

Features:

Only for approved commercial property types.

Car Loans

Sharjah Islamic Bank Logo
Interest Rate: 2.49% reducing
Maximum Loan Amount: AED 1,000,000.00
Loan Tenure: 60 months
Loan-to-Value (LTV): 80.00%

Features:

Sharia-compliant Murabaha financing; Quick approval process; Financing for new and used vehicles

Safe Deposit Lockers

Sharjah Islamic Bank Logo
Annual Rental Fee: AED 1,500.00
Security Deposit: AED 3,000.00
Availability: Sharjah Main, Muwailah, King Faisal branches
Access Frequency: Branch hours only, access with bank staff
Locking Mechanism: Dual key system (customer + bank master key)

Special Features:

Secure vault storage, dual key system

Sharjah Islamic Bank Logo
Annual Rental Fee: AED 2,000.00
Security Deposit: AED 3,000.00
Availability: Sharjah Main, Muwailah, King Faisal branches
Access Frequency: Branch hours only, access with bank staff
Locking Mechanism: Dual key system (customer + bank master key)

Special Features:

Secure vault storage, dual key system

Sharjah Islamic Bank Logo
Annual Rental Fee: AED 2,500.00
Security Deposit: AED 3,000.00
Availability: Sharjah Main, Muwailah, King Faisal branches
Access Frequency: Branch hours only, access with bank staff
Locking Mechanism: Dual key system (customer + bank master key)

Special Features:

Secure vault storage, dual key system

Sharjah Islamic Bank Logo
Annual Rental Fee: AED 3,000.00
Security Deposit: AED 3,000.00
Availability: Sharjah Main, Muwailah, King Faisal branches
Access Frequency: Branch hours only, access with bank staff
Locking Mechanism: Dual key system (customer + bank master key)

Special Features:

Secure vault storage, dual key system

Sharjah Islamic Bank Logo
Annual Rental Fee: AED 4,000.00
Security Deposit: AED 3,000.00
Availability: Sharjah Main, Muwailah, King Faisal branches
Access Frequency: Branch hours only, access with bank staff
Locking Mechanism: Dual key system (customer + bank master key)

Special Features:

Secure vault storage, dual key system

Business

Business Current Accounts

Sharjah Islamic Bank Logo
Min. Avg. Balance: AED 10,000.00
Monthly Fee: None
Sharjah Islamic Bank Logo
Min. Avg. Balance: AED 25,000.00
Monthly Fee: None
Sharjah Islamic Bank Logo
Min. Avg. Balance: AED 50,000.00
Monthly Fee: None

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