Credit Bureau Consent, Welcome Offer & General Terms & Conditions
I hereby acknowledge and agree to allow Citibank to share my details with any UAE credit bureau and make enquiries about me with any UAE credit bureau at its sole and absolute discretion. I agree to the Terms and Conditions listed below. Citibank Terms and Conditions apply, are subject to change without prior notice and are available upon request. For the current Terms and Conditions, please visit our website www.citibank.ae. All offers are made available on a best-effort basis and at the sole discretion of Citibank, N.A. Citibank, N.A. makes no warranties and assumes no liability or responsibility with respect to the products and services provided by partners/other entities. By inquiring about our services, offers or products, you will be authorizing our representatives to approach you on your contact details including your telephone/mobile number for any product or service offered by Citibank. The applicant agrees to be bound by Citibank’s General Terms and Conditions available on the website www.citibank.ae. The applicant hereby represents and warrants that the information provided herein is true, accurate, and complete and that he/she agrees to remain responsible for and to indemnify Citibank, N.A. from and against any losses, claims and/or liabilities incurred by Citibank NA as a result of having relied on such information. Citibank, N.A. is not required to verify the information provided by the applicant and neither is the bank obliged to provide the applicant with any loans or credit facilities based on the provided information. The products and services mentioned on this website are not offered to individuals resident in the European Union, European Economic Area, Switzerland, Guernsey, Jersey, Monaco, San Marino, Vatican, The Isle of Man or the UK. This page is not, and should not be construed as, an offer, invitation or solicitation to buy or sell any of the products and services mentioned herein to such individuals.
Sharjah Islamic Bank Savings Accounts in UAE
Features of Sharjah Islamic Savings Account
- The savings accounts are based on Islamic principles of Mudarbha.
- Sharjah Islamic savings accounts helps their customers to have a share in profit distributions,by investing in their savings.
- Avail a free SIB debit card with any savings account that you would want to avail from Sharjah Islamic Bank.
- You can avail all the savings account from SIB in AED and USD.
- Avail the facility of 24 hour call centre,to know more about the bank accounts.
- Free e statements and online banking facility with this account.
- Statements for savings accounts are generated, every six months.
Eligibility Criteria of Sharjah Islamic Savings Account
Applicants should be 18 years & above.
Documents Required of Sharjah Islamic Savings Account
- Original passport & UAE National ID.
- Valid UAE residence visa for expatriates
Sharjah Islamic Savings Account
9 Sharjah Islamic Bank Savings Accounts
Hassalati Account
Overview
- The Hassalati Account from Sharjah Islamic Bank (SIB) is a specially designed Sharia-compliant savings account for children that encourages responsible financial habits from a young age. From birth until the age of 18, this account helps children accumulate savings, earn profit, and participate in exclusive loyalty benefits.
Overview
- The Hassalati Account from Sharjah Islamic Bank (SIB) is a specially designed Sharia-compliant savings account for children that encourages responsible financial habits from a young age. From birth until the age of 18, this account helps children accumulate savings, earn profit, and participate in exclusive loyalty benefits.
Savings Account
Overview
- The SIB Savings Account is a Shariah-compliant deposit account designed to help individuals save securely while earning profit and participating in reward campaigns. Built on the Islamic Mudaraba principle, the account offers a blend of profit sharing, digital convenience, and lifestyle perks — encouraging both disciplined saving and the opportunity to win monthly prizes.
Overview
- The SIB Savings Account is a Shariah-compliant deposit account designed to help individuals save securely while earning profit and participating in reward campaigns. Built on the Islamic Mudaraba principle, the account offers a blend of profit sharing, digital convenience, and lifestyle perks — encouraging both disciplined saving and the opportunity to win monthly prizes.
Fixed Deposits-6 months
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Fixed Deposits-9 months
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Fixed Deposits-3 months
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Fixed Deposits-12 months
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Fixed Deposits-1 month
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
Benefits
- Individuals & businesses can avail this scheme
- 1, 3, 6, 9 & 12 months of flexible investment periods
- 24-hour Call Centre service will be provided
- Free SMS notification services of account activities
- Online Banking Services are provided
- Can generate free e-Statement/ statement every 6 months
Watani Account
Overview
- A premium Sharia-compliant savings account designed for customers seeking higher profit potential and exclusive banking privileges.
Overview
- A premium Sharia-compliant savings account designed for customers seeking higher profit potential and exclusive banking privileges.
Digital Account
Overview
- A modern, fully digital banking solution that delivers Sharia-compliant banking at your fingertips, combining convenience, security, and essential financial tools for everyday needs.
Overview
- A modern, fully digital banking solution that delivers Sharia-compliant banking at your fingertips, combining convenience, security, and essential financial tools for everyday needs.
Frequently Asked Questions
⭐ What are the documents required for opening a SIB savings account?
⭐ Who is eligible to open a SIB savings account?
A. The applicant must be at least 18 years to be eligible to open a SIB savings account.
⭐ Are there any charges for SIB savings account E-statement?
A. No. SIB savings account E-statement can be availed for free.
⭐ What are the currencies available for transactions in SIB savings account?
A. Account holders can perform their SIB savings account transactions in AED, USD, etc. currencies
⭐ When are SIB savings account statements generated?
A. SIB savings account statements are generated once in every six months.
⭐ Is there any annual fee for SIB savings account?
A. No. SIB savings account is available for zero annual fees.
About Sharjah Islamic
Established in 1975 through an Amiri decree, the bank was initially known as the National Bank of Sharjah. In 2002, the bank was the first bank to convert to Islamic Banking and was renamed as Sharjah Islamic Bank (SIB). SIB has a Vision 'to be the bank of choice, delivering creative customer solutions based on Islamic principles of partnership, trust & equality for all’. The values followed by them are :
- Bonding and Harmony
- Compliance
- Learning and Self Development
- Social Responsibility
- Creativity and Innovation
Get in touch with Sharjah Islamic Bank Customer Care