Sharjah Islamic Bank P.J.S.C. Rates

Sharjah Islamic Bank (SIB) reputation & triumph is structured by providing customers with supreme levels of customer solutions. Through adopting visionary strategy & upholding clear policies, we have successfully diversified offering customers a broad range of Sharia’a compliant retail, corporate & investment services through the extensive UAE networks.

SIB started servicing the society in 1975; providing banking services to individuals and companies. An Amiri decree; released by His Highness Dr. Sheikh Sultan Bin Mohamed Al Qassimi the member of the Supreme Council & Ruler of Sharjah, was issued to launch & green-light the bank’s expedition. The bank was originally founded as National Bank of Sharjah and was suited the first bank to convert to Islamic Banking in 2002.

The revolutionizing from commercial banking to Islamic banking was a significant twist for the bank. Not only were specialized products & services modulated for customers, the banks entire organization was converted to be conventional to Islamic regulations.

 Share Data


Last Closing Price1.96
Number of Shares (mln)3,082
Market Cap (mln)6,040
Key figures (Thousands of U.A.E. Dirham)201920202021
Consolidated Income Statement
Total income1,227,4441,259,1521,427,450
Net operating income642,056697,702850,668
Profit before distribution to depositors545,284441,857606,122
Profit for the year545,525405,834514,072
Earnings per share (U.A.E. Dirham)
Consolidated Balance Sheet
Total assets46,390,46153,600,75354,956,795
Total shareholders’ equity7,529,1877,645,3587,694,777
Total liabilities38,861,27445,955,39547,262,018
Consolidated Cash Flow
Net cash from / (used in) operating activities212,0142,810,3584,965,053
Net cash used in investing activities55,358(2,233,659)1,182,677
Net cash from financing activities1,591,502(238,569)(2,174,603)
Cash and cash equivalents, end of year3,669,6316,426,49310,399,620