Last Updated on 07 February 2019
Credit Bureau Consent, Welcome Offer & General Terms & Conditions
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Sharjah Islamic Bank Business Current Account
Business Current Account
Required Documents
- Application form
- Trade Licence
- Valid passport and Copy of Visa
- Address proof
Main Benefits
- Unlimited deposits and withdrawals
- Free SIB Debit Card
- Free cheque book
- Free monthly account statements & e-Statement service
- Mobile banking services are available
Frequently Asked Questions
⭐ Can a struggling company qualify for a business finance in Sharjah Islamic Bank?
A. As long as the company has customers who pay bill on time, it is eligible to get business finance from Sharjah Islamic Bank.
⭐ If I have bankruptcy history, can I still apply for Sharjah Islamic Bank business finance?
A. Yes, as long as your financial condition has improved and you have monthly income coming up, you can still apply for Sharjah Islamic Bank business finance.
⭐ If I fault in repayment of loan, will it affect my co-applicant’s credit history?
A. Yes, if you default in repayment, it will affect your co-applicant’s credit history also.
⭐ How are rates for my loan decided in Sharjah Islamic Bank?
A. Interest rates are decided on the basis of your credit history and monthly income.
⭐ Can I authorize another person to access my Sharjah Islamic account?
A. Yes, but that person will have to undergo identity check.
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