Open an Account with Sharjah Islamic Bank Now

Sharjah Islamic Bank is a well-known and prominent financial institute in the United Arab Emirates that caters to banking needs. It was founded in 1975 and provides a wide range of services like personal banking and investment solutions. Sharjah Islamic Bank is famous for its customer satisfaction and for making banking accessible to every customer. It plays an important role in supporting the UAE’s economy and is helpful for every type of business. In this detailed blog, we will discuss the services, account openings, and branches of the Sharjah Islamic Bank.

Account Type	Account Opening Fee	Monthly Maintenance Fee	Minimum Balance	Overdraft Charges	Details
Current Account	Free	Free	AED 3,000	Not Available	Everyday banking with a free debit card.
Savings Account	Free	Free	AED 3,000	Not Available	Monthly profit based on Mudarabah.
Investment Account	Free	Free	AED 5,000	Not Available	Quarterly profit distribution.
Child Savings Account	Free	Free	AED 1,000	Not Available	Educational savings plan.
Fixed Deposit Account	Free	Free	AED 10,000	Not Available	Higher profits for fixed terms.

Services Offered by Sharjah Islamic Bank

Business Banking

If you choose Sharjah Islamic Bank it allows you to experience different current and business accounts for smooth cash management. Moreover, the bank also offers Sharia-compliant financing solutions, trade finance, and SME Banking.

Personal Banking

Sharjah Islamic Bank offers a wide range of savings, Investment, and current accounts that cater to the needs of residents. The bank offers Sharia-compliant personal loans, Auto Finance, and Deposits and Investments.

Sharjah Islamic Bank Branches in the UAE

City	Branch	Contact No	Operating Hours
Sharjah	Head Office	+971 6 599 9999	Mon-Fri: 8:00 AM – 2:00 PM
Dubai	Al Nahda Branch	+971 4 206 6060	Mon-Fri: 8:00 AM – 2:00 PM
Abu Dhabi	Khalidiya Branch	+971 2 665 8566	Mon-Fri: 8:00 AM – 2:00 PM
Ajman	Ajman Branch	+971 6 747 7500	Mon-Fri: 8:00 AM – 2:00 PM
Fujairah	Fujairah Branch	+971 9 222 2224	Mon-Fri: 8:00 AM – 2:00 PM

Step-by-Step Guide to Opening a Sharjah Islamic Bank Account

Online

Visit the Official Website: To create an account, users have to go to the official website of Sharjah Islamic Bank which is www.sib.ae. Verify that you are using a secure internet connection to protect your personal information.

Navigate to the Account Opening Section: Click on the Open an Account option that allows you to open a new account. Here you can also find the account opening link under the Digital Banking section.

Select the Type of Account: After clicking, the user has to choose the type of account that he wants to open. Whether the user wants to open a current account, salary account, or fixed deposit account the bank fills his needs and preferences.

Fill in the Online Application Form: After choosing the account, you have to simply click on “Apply Now”, and then fill out the Online Application process. In this step, you have to complete your application form by entering your details like full name, date of birth, and nationality. Moreover, you also need to provide contact information like email address, mobile number, and passport number.

Upload the Required Documents: You need to upload scanned copies of specific documents including, Emirates ID, Passport, Salary Certificate, and address proof.

Verification and Review: Once you have completed the form and uploaded the required documents, review all the information with attention. Accept the terms and conditions after double check and then submit the application form.

Confirmation and Account Activation: After that the bank will review your application and verify all your documents. When your application is approved, you can receive instructions on how to activate your account.

Access Online and Mobile Banking: At last, when your account is activated, download the SIB mobile app from the App or Google Store. Moreover, remember to register for online and mobile banking for transfers, bill payments, and checking your balance without hassle.

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FAQs

Explain the reason why it is important to create an account with the Sharjah Islamic Bank?

If anyone creates an account with Sharjah Islamic Bank, he can experience convenient digital and Sharia-compliant banking.

Which method is best to create an account with Sharjah Islamic Bank in the UAE?

In the UAE, visiting the official website of Sharjah Islamic Bank is a reliable and smooth option to create an account.

Can Sharjah Islamic Bank allow non-residents to open an account in the UAE?

Yes, Sharjah Islamic Bank allows non-residents to open different accounts like savings, current accounts, and fixed deposit accounts.

Tell me a method of closing a Sharjah Islamic Bank account in the UAE?

If you are willing to close a Sharjah Islamic Bank account then go to their official website. For this purpose, you need to upload the required documents and clear your remaining dues.