Sharjah Islamic Bank (SIB)

Sharjah Islamic Bank (SIB) was established in 1975 by an Emiri decree issued by His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Ruler of Sharjah. It began as a conventional bank and converted to a fully Sharia-compliant financial institution in 2002, making it one of the first banks in the UAE to complete such a transition. Headquartered in Sharjah, the bank operates across a network of branches in the UAE, providing retail, corporate, investment, and treasury services in accordance with Islamic finance principles. Over the years, SIB has developed a strong capital base and diversified portfolio, focusing on sustainable growth and community development. It is listed on the Abu Dhabi Securities Exchange (ADX) and adheres to the highest standards of governance and transparency in line with UAE Central Bank regulations.