Sharjah Islamic Bank, () formerly known as the National Bank of Sharjah, is a medium-sized Emirati Islamic bank headquartered in the Emirate of Sharjah in the United Arab Emirates.
The bank provides Sharia-compliant products and services to serve individuals, companies, institutions, and investors. As an Islamic bank, SIB operates in accordance with the principles of Sharia law.
History The bank was established in 1976 and in 2004 converted into a fully Shariah compliant bank.
In August 2021, Sharjah Islamic Bank announced the launch of a new digital account that allows customers use the smart bank application to open an electronic account without the need to visit the branch.
Financial performance For the year 2022, Sharjah Islamic Bank (SIB) has posted net profit of million.
See also Islamic banking Sharia investments
References