Last Updated on 09 September 2024
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Sharjah Islamic Bank Fixed Deposit Account
Fixed Deposit Account
Features
- With Sharjah Islamic Bank Fixed Deposit account you can discover a great way to grow your savings
- Just make the most of it by securing safe and flexible deposit terms
- With a commitment of flexibility you can start your savings with a Fixed Deposit Account.
- Flexible investments can be made up to a period of 12 months for guaranteed
- Provides with Sharia Compliant Profit Distribution
Required Documents
- The following documents are required
- Original passport & Emirates ID
Main Benefits
- Sharjah Islamic bank provides Fixed deposit accounts which are safe, secure and with flexible deposit terms
- The customers can get more out of your savings with our Fixed Deposit account. Reap the benefit of flexible investment periods of up to 12 months with Sharia'a-compliant profit distribution.
- Just need to have Minimum Balance- AED 10,000
- The 1 month tenure- 1.21875% Profit rate per Annum
- Fixed deposits can be made with Flexible investment periods from 1, 3, 6, 9 & 12 months
- Provides with Monthly profits on savings
- Allows you to get SMS notifications of account activity
- Enjoy with Online banking and Mobile Banking services
- Get Free e-statements every 6 months
Frequently Asked Questions
Q. What is the minimum balance?
A. The minimum balance is AED 10,000
Q. What is the eligibility criteria?
A. The applicants should be 18 years of age and have minimum balance of AED 50,000
Q. Do you get e-statements?
A. Yes, you get free e-statements every 6 months
Q. What is the profit rate per annum?
A. The 1 month tenure- 1.21875% profit rate per annum
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