|Minimum Balance||AED 15,000|
|Fix Monthly Fee||AED 0|
|Min. Balance Fee||AED 150|
The bank was founded in 1975 by an Amiri edict and was formerly known as the National Bank of Sharjah. The bank was the first to switch to Islamic banking in 2002, and it was renamed Sharjah Islamic Bank in 2003. (SIB). SIB's mission is to "be the bank of choice," providing innovative client solutions based on Islamic principles of cooperation, trust, and equality for all.
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