We Pride Ourselves On Longstanding Banking Experience
Offering Government Entities Full Scope Of Banking Solutions
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What are you looking for?
Complementing the Value Chain
Our team of professional bankers are experienced in working closely with government and semi government entities, sharing invaluable market insights and providing advice on the most suitable products and services. SIB has been instrumental in assisting the Government of Sharjah and its related entities in attaining financial requirements for a wide range of major projects by offering variety of financing, transaction banking and digital banking solutions.
Long-term Financing
In it for the long haul – together
SIB offers long-term, Sharia compliant financing solutions to government and semi government entities. Be it financing new public sector project, building hospitals and bridges, SIB offers Sharia compliant financing solutions to government entities aspiring to realize their long-term plan.
Reap all the benefits
- Higher Finance Amount.
- Favorable Documents Requirements.
- Sharia Compliant Products and Quick Processes.
- Competitive Pricing.
Contract Financing
Milestones keep projects moving forward
This unique, Sharia compliant solution comprises milestones and payments based on project progression. Be it Civil, Road, Electrical, Mechanical and Special work, our resident experts not only specialize at understanding your requirements, but are also able to assist you to build comprehensive finance structures based on your entity requirements.
Reap all the benefits
- Project Specific and General Limits
- All Types of Letter of Guarantees and Letter of Credit
- Financing Against Progressive Payments.
Working Capital Finance
We make sure it's always business as usual
Working capital is essential for maintaining continuity. Where short-term funding is required for the completion of a project, purchase of raw materials or production of goods, our Sharia compliant Working Capital Finance is always an ideal solution for our government and semi government entities.
Reap all the benefits
- Flexible Repayment Terms.
- Favorable Documents Requirements.
- Sharia Compliant Products and Quick Processes.
Transaction Banking Services
State of the art solution for your business needs
Our Transaction Banking team offers comprehensive trade finance and cash management solutions, that suite your requirements and maximize opportunities. Our dedicated team focused on client service to ensure superior service with a quick turnaround time. Be it Trade Finance products and service, different types of accounts, cash collections and payments, our broad digitally based solutions are provided by our team of experts.
The foundation of excellence
Corporate Governance
Rooted in the values of professionalism and transparency
Our commitment to Corporate Governance comprises well-defined shareholder rights, a solid control environment, ...
Learn MoreSharia’a Affairs
The nucleus of a value system that assures fairness in all walks of human life
Sharia is the nucleus of a system of Islamic values that guarantees justice in all aspects of life, it represents a ...
Learn MoreSubsidiaries
Sharjah Islamic Bank has three, fully owned subsidiaries
ASAS Real Estate, Sharjah Islamic Financial Services LLC, and Sharjah National Hotels.
Learn MoreInvestor Relations
We are committed to our shareholders and investors
And the timely, accurate and balanced disclosure of information and financial statistics concerning the bank's ...
Learn MoreHow can we help you?
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Drop in for a visit at one of our many branchesNews & updates
12 Jul, 2024
Nasdaq Dubai Welcomes USD 500 million Sukuk by the Sharjah Islamic Bank
Nasdaq Dubai welcomes the listing of USD 500 million Sukuk issued by the Sharjah Islamic Bank (SIB). This ...
Read More01 Jul, 2024
SIB successfully issues $500 million sukuk
Sharjah Islamic Bank SIB successfully closed a $500 million sukuk in the international capital markets, ...
Read More19 May, 2023
SIB the main sponsor for the Annual Scientific Research Forum at University of Sharjah
H.H Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah, president of the University of Sharjah, ...
Read More23 Apr, 2024
Sharjah Islamic Bank net profit grows 22.5% in Q1 2024
SIB announced an increase in its net profit before tax by 22.5%, amounting to AED 285.4 million for the ...
Read More18 May, 2023
Sharjah Islamic Bank supporter & partner of Sharjah City for Humanitarian Services
H.H. Sheikh Sultan Bin Mohamed Al Qasimi, Crown Prince & Deputy Ruler of Sharjah, honored Mr. Hassan ...
Read More25 Jul, 2023
SIB's net profit increased by 37% in the 1st half of 2023
Sharjah Islamic Bank announced an increase in its operating profit before provisions by 31 per cent, ...
Read More28 Sep, 2023
ADX partners with Sharjah Islamic Bank to provide instant access to IPOs
ADX has partnered with SIB to streamline and facilitate greater access to Initial Public Offering IPO ...
Read More18 Sep, 2023
SIB the 1st bank in the UAE introduce Screen Reader serve people with visual disabilities
Sharjah Islamic Bank announced its success in adapting its mobile banking application with the screen ...
Read More08 Jan, 2023
Sharjah Islamic Bank enhances banking solutions
Sharjah Islamic Bank announced the launch of its new digital banking services with improved interactive ...
Read More27 Jul, 2023
SIB recently organized a specialized workshop on Leadership to strengthen ties of partnership and ...
Read More12 Jun, 2023
ASAS Real Estate launches Al Sehma Project
ASAS Real Estate announce the sale of Al Sahma land project in Sharjah. The second integrated residential ...
Read More08 Aug, 2021
ASAS Real Estate launches sales of Al Tai Lands project
ASAS Real Estate Company, the real estate arm of Sharjah Islamic Bank, has launched sales of the ...
Read More09 May, 2023
Honoring SIB the strategic partner of Sharjah Award for Public Finance
H.H.Sheikh Sultan Bin Mohamed AlQasimi, Crown Prince & Deputy Ruler of Sharjah, honored Mr. Mohamed ...
Read More29 May, 2023
Successful participation for ASAS Real Estate in Acres 2023
Shekh Majid bin Sultan AlQasimi, Chairman of the Districts and villages Affairs Department, was briefed by ...
Read More18 Oct, 2020
Sharjah Islamic Bank adds to its achievements by winning the Dubai Quality Gold Award
Adding to its extensive collection of awards, Sharjah Islamic Bank (SIB) has been awarded the 2023 Dubai ...
Read More14 Mar, 2022
Sharjah Islamic Bank receives Learning Culture of the Year Award
SIB awarded the Learning Culture of the Year Award presented by the Human Resources and Learning Platform ...
Read More19 Apr, 2023
prepaid card in cooperation with the Sharjah Charity International, which enjoys a list of qualitative ...
Read More19 Oct, 2020
Within the framework of its continuous keenness to consolidate the principles of cohesion and giving in ...
Read More04 Apr, 2023
Enables to save in AED or USD, Sharjah Islamic Bank launches Flexi Long Term Deposit
Within the framework of its ambitious vision to enhance its financial and banking services, SIB announced ...
Read More29 Mar, 2023
Sharjah Islamic Bank (SIB) launched its Ramadan community initiative titled "Mirak at your doorstep" in ...
Read More27 Feb, 2023
Sharjah Islamic Bank launches the Joud card in cooperation with the Sharjah Charity International
prepaid card in cooperation with the Sharjah Charity International, which enjoys a list of qualitative ...
Read More07 Feb, 2023
ASAS Real Estate Khorfakkan Resort Project
ASAS Real Estate, the arm of SIB, announced that Khorfakkan Resort Project sales would commence at the ...
Read More17 Aug, 2021
SIB launches New Digital Account
SIB announced the launch of its new SIB Digital account, which allows customers to open an electronic ...
Read More08 Mar, 2023
Sharjah Islamic Bank launches Emirates Digital Wallet’s klip in SIB Digital App
Sharjah Islamic Bank (SIB) has launched its new digital wallet offering by integrating Emirates Digital ...
Read More17 Jun, 2021
SIB opening a new branch in Abu Dhabi Mall
SIB opening a new branch in Abu Dhabi Mall to develop the bank's network in the UAE SIB opens a branch ...
Read More19 May, 2022
Mohamed Abdalla is among the top 100 CEOs in the GCC countries for the second time
Sharjah Islamic Bank (SIB) announced that His Excellency Mohamed Abdalla, CEO of SIB, won the Best CEO ...
Read More20 Oct, 2020
Sharjah Islamic Bank launches the Joud card in cooperation with the Sharjah Charity International
prepaid card in cooperation with the Sharjah Charity International, which enjoys a list of qualitative ...
Read More19 Jul, 2022
Sharjah Islamic Bank Launches ‘Smiles’ Covered Card Campaign Summer 2022
As part of its commitment to providing unique experiences and benefits to its customers, Sharjah Islamic ...
Read More22 Mar, 2022
ASAS Real Estate launches sales of Phase II of “Mazairah”
After the success of the first phase of the Muzaira’a residential lands project, which was launched last ...
Read More26 Jan, 2023
Sharjah Islamic Bank continue to achieve sustainable growth, recorded an increase of 26.6% in the net ...
Read More15 Jul, 2021
Sharjah Islamic Bank executive vouches for positive ROI of CSR initiatives
Sharjah, 14th July 2021: Sharjah Islamic Bank shared its positive experience in implementing corporate ...
Read MoreNotice
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