Savings Account

Sharjah Islamic Bank

Islamic

Sharjah Islamic Bank logo
UAE Nationals Eligible Yes
Expatriates Eligible Yes
Non-Residents Eligible Yes
Minimum Age 18 Years
Flat Interest Rate - Profit is distributed monthly on a Mudaraba basis; must maintain at least AED 3000 to earn profit.
Interest Payment Frequency Monthly
Islamic Banking Yes
Minimum Balance Requirement AED 3,000.00
Below Minimum Fee AED 0.00
Early Closure Fee AED 0.00
Supported Currencies AED, USD
Negative Balance Interest 0.00%
Prize Draw No
Cashback Rewards No
Lounge Access No
Requires Regular Deposits No
Joint Account Allowed Yes
Minor Allowed Yes
savings_accounts.can_open_online Yes
Required Documents
  • Valid passport
  • Resident visa
  • Emirates ID
  • Salary certificate or proof of income
  • Trade license (if self-employed)
Mobile Banking Yes
Debit Card Yes
Cheque Book No
24/7 Support Yes
Sustainability Incentives No
Goal-Based Savings No

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