Sharjah Islamic Bank

Sharjah

https://www.sharjahislamic.ae

Bank Logo
Sharjah Islamic Bank

Branches

Sharjah Islamic Bank Sharjah Islamic Bank, Mall of the Emirates Branch

Sharjah Islamic Bank, Mall of the Emirates Branch

Dubai Sheikh Zayed Road 783 Mall of the Emirates - Dubai

Sharjah Islamic Bank Sharjah Islamic Bank, Port Saeed Branch

Sharjah Islamic Bank, Port Saeed Branch

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

Sharjah Islamic Bank Sharjah Islamic Bank, Sheikh Zayed Road Branch

Sharjah Islamic Bank, Sheikh Zayed Road Branch

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

Personal

Deposits

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Minimum Deposit: AED 10,000.00
Tenure: 30 - 365 days
Interest Rate: 2.5%
Payment Frequency: Monthly
Early Withdrawal Penalty: Profit recalculated at a lower rate if withdrawn early. No profit if withdrawn before 6 months.
Islamic Deposit: Yes

Features:

Sharia-compliant Mudarabah-based deposit. Offers financing up to 80% of deposit value.

Sharjah Islamic Bank Logo
Minimum Deposit: AED 10,000.00
Tenure: 540 - 1080 days
Interest Rate: 3%
Payment Frequency: Monthly
Early Withdrawal Penalty: Lower profit applied if withdrawn before maturity.
Islamic Deposit: Yes

Features:

Wakala-based deposit with higher expected profit rates. Financing up to 90% of deposit amount.

Mortgages

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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.

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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.

Car Loans

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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

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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

Personal Loans

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Flat Interest Rate: 2.89%
Reducing Rate: 5.33%
Max Loan Amount: AED 500,000.00
Loan Tenure: 48 months
Min Salary: AED 5,000
Processing Fee: 1.00%

Features:

Islamic financing based on Murabaha/Ijarah structure with transparent fee details.

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Flat Interest Rate: 3.00%
Reducing Rate: 5.50%
Max Loan Amount: AED 200,000.00
Loan Tenure: 36 months
Min Salary: AED 5,000
Processing Fee: 1.00%

Features:

Provides additional liquidity while leveraging current finance relationships.

Savings Accounts

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Interest Rate 0.00% - 0.00%
Minimum Balance: AED 3,000.00
Account Type Islamic
Open Online: Yes
Sharjah Islamic Bank Logo
Interest Rate 0.00% - 0.00%
Minimum Balance: AED 3,000.00
Account Type Prize-linked Islamic
Open Online: Yes

Business

Business Current Accounts

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

SWIFT Codes

Sharjah Islamic Bank
NBSHAEAS

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