Sharjah Islamic Bank Savings Account

Sharjah Islamic Bank (SIB) is a leading Islamic financial institution based in the UAE. Established in 1975, it is one of the oldest Islamic banks in the region and is considered a pioneer of Islamic banking in the UAE. 

SIB is committed to delivering a full range of Islamic banking services, including retail banking, corporate banking, treasury products and services, and asset management. In this article, we will focus on the Sharjah Islamic bank savings account and explore all the key aspects related to it.

Features and Benefits of Sharjah Islamic Bank Savings Account

With a Sharjah Islamic bank savings account, you can enjoy several benefits -  

• You can get a free debit card upon opening an account. 
• As a customer, you can have access to online and mobile banking services, using which you can operate your account at any time and from anywhere. 
• Regular SMS notifications are sent to all bank account holders to keep them updated about their accounts. 
• You can view and download your Sharjah Islamic bank savings account e-statements and track your payments on time. 
• The bank account accepts multiple currencies such as AED, EURO, USD, and GBP. 
• The SIB customer support team is available round-the-clock for assistance.  

What are the Different Modes of Sharjah Islamic Bank Savings Account Banking? 

You can use any of the following banking channels and enjoy various banking services related to your Sharjah Islamic Bank savings account -   

Online Banking 

The bank’s online banking service makes banking highly convenient for all users. With remote access to banking, you can easily perform transactions, fund transfer, balance check, and more using online banking. Other benefits of internet banking include - 

• DEWA, SEWA, FEWA, and Salik payments on the go 
• Easy and instant card activation and card blocking 
• Get chequebooks and certificate requests 
• Open new accounts such as Sharjah Islamic Bank Savings Account and other SIB accounts instantly 
• As an existing customer of SIB, you can keep your profiles updated by instantly updating your personal details whenever required. 
• Enjoy free remittances to India and Pakistan.  

Mobile Banking

Similar to online banking, mobile banking can be done from anywhere at any time. For this, you can simply download the official mobile application of the Sharjah Islamic Bank. Providing a seamless banking option, the SIB mobile app is available for both Android and Apple users. 

Discussed below are the major benefits of accessing your Sharjah Islamic Bank Savings account through the app -   

• Avail of free remittances to India and Pakistan 
• Update your personal details whenever required by accessing your bank portal in an instant 
• Obtain chequebooks and certificate requests. 
• UAE nationals and expats can open any SIB account easily with just a few taps. 
• Existing customers can easily activate and block their credit cards and debit cards. 
• Make bill payments such as Salik, DEWA, SEWA, FEWA, and others easily

Phone Banking 

Through phone banking, you can easily send your queries to the bank. As an SIB customer, you can go to the ‘Contact Us’ section and provide the necessary details along with your message for making online queries. Alternatively, you can get connected with the bank via the bank’s phone number: +97165999999 (within UAE) - the customer support team is available round the clock every day.  

SMS Banking 

With SMS banking, you can get regular updates about your Sharjah Islamic Bank Savings account round the clock. You can subscribe to the SMS service and send your desired pre-defined service code to 6677. 

Note that it is necessary to subscribe for SMS banking from the mobile number that is registered with the SIB account to access this service. 

Check out the table below to find the relevant SMS codes -  

Offline Banking

The bank also allows its customers to open and access their SIB accounts, including the Watani account, by visiting their nearest bank branches. In this case, make sure that you carry all the necessary documents whenever you visit the bank in person. 

What are the Eligibility Criteria for Sharjah Islamic Bank Savings Account? 

To open a Sharjah Islamic bank savings account, you must meet certain criteria - 

• You should be at least 18 years old at the time of application. 
• A minimum monthly balance of AED 3,000 has to be maintained.  

What are the Documents Required for Sharjah Islamic Bank Savings Account? 

Keep these documents prepared to open a Sharjah Islamic bank savings account -  

• Valid proof of residence
• Original Emirates ID
• Valid proof of income
• Original Passport
• Valid UAE residence visa (applicable to expatriates) 

How to Apply for Sharjah Islamic Bank Savings Account?  

Those who wish to apply for the Sharjah Islamic Bank Savings account can opt for any of the following three methods -   

Via Policybazaar UAE

Applying for the Sharjah Islamic Bank Savings account through Policybazaar UAE is quite an easy process. We have explained the entire process of how to apply for the account below in detail - 

1. On the homepage of our website policybazaar.ae, move to the ‘Banking Products’ menu.
2. Tap on the ‘Bank Account’.
3. Choose the account type, enter your name, contact number, and email ID, and mention your monthly income, city, and nationality.
4. Click on the ‘View Quotes’ button.
5. Apply filters and look for the Sharjah Islamic Bank Savings account.
6. Click on the ‘Apply’ button and follow the instructions displayed on the screen to complete the process. 

If you face any issues while applying, you can easily get in touch with our customer executive team for further assistance at 06-5999999.

Via Online Banking 

1. Go to the official website of Sharjah Islamic Bank. 
2. From the ‘Personal’ menu, click on the Savings Account. 
3. Once you are directed to the Sharjah Islamic Bank Savings account page, scroll down. 
4. Click on the ‘Apply Now’ option. 
5. On the next page, select the ‘Account type’. 
6. Type in your first name, last name, mobile number, email ID, nationality, date of birth, employer, and monthly income (in AED). Select your employment type and whether you are an existing SIB customer as well. 
7. Submit the application and follow the on-screen prompted instructions.  

By Visiting a Sharjah Islamic Bank Branch 

If you wish to perform the entire application process in person, you can also visit your nearest branch of SIB. Once you are at the branch, contact the relevant person regarding the account opening process. After a representative is assigned to you, simply follow their prompted instructions. 

How to Access Your Sharjah Islamic Bank Savings Account? 

Here is the step-by-step process for accessing your Sharjah Islamic bank savings account -   

1. Open the official website of the bank. 
2. On the homepage, click on the ‘Online Login’ option at the top. 
3. Choose a Personal/ Business account as per your requirement. 
4. Enter your user ID and password and hit the ‘Secure Login’ button.  

How to Close a Sharjah Islamic Bank Savings Account?

To close your Sharjah Islamic bank savings account, you can get in touch with the customer service centre and follow the process as instructed.  

Sharjah Islamic Bank Savings Account: Fees and Charges 

Refer to the table below to find out the Sharjah Islamic bank savings account-related fees and charges -