Sharjah Islamic Bank
Growth Score40DXBi Rank103Heat Score100Sharjah Islamic Bank PJSC
Sharjah's flagship Sharia-compliant bank listed on the Abu Dhabi Securities Exchange
Media
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Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Operating Status
- Active
- Company Type
- Public (PJSC)
- Funding Stage
- Public
- Headquarters
- Sharjah, United Arab Emirates
- Founded
- 1975
- Company Size
- 1000+ employees
- Revenue
- AED 2.48 billion total operating income (FY2025)
- Website
- sib.ae
Stock listing
Abu Dhabi Securities Exchange (ADX): SIB
Products & Services
SIB Pay
Merchant payment acquiring service used to enable acceptance of Jaywan and other card payments
SIB Jaywan Card
Bank-issued card on the UAE's domestic Jaywan card payment scheme
SIB Digital Account / Smart Banking App
Digital onboarding product (launched 2021) letting customers open an electronic account via the bank's mobile app without visiting a branch
People
Technology
No technology or web presence data on file yet.
Financials
Public
Funding stage
Abu Dhabi Securities Exchange (ADX): SIB
Stock
Funding rounds
Projects
Sharjah Islamic Bank $500 Million 5-Year Sukuk
SIB successfully issued a $500 million senior unsecured Reg S five-year sukuk, priced at a 4.65% yield with initial guidance of Treasuries plus 1.25%, drawing roughly $1.35 billion in orders (2.6x oversubscription); the sukuk was subsequently listed on Nasdaq Dubai.
$500M
Nov 5, 2025
SIB Dh2.59 Billion Rights Issue
Sharjah Islamic Bank completed a rights issue of 1.1 billion new shares (Dh1 nominal value plus Dh1.4 share premium) to strengthen its capital base, raising AED 2.59 billion (~$705 million); the offering closed May 8 (2025) and was oversubscribed by 3.2 times with roughly Dh8.3 billion in demand.
$705M
May 8, 2025
SIB Participation in Jaywan National Card Scheme
SIB became a participating banking partner in Jaywan, the UAE's domestic card payment scheme developed by Al Etihad Payments (a Central Bank of the UAE subsidiary), issuing SIB Jaywan-branded cards and enabling merchant acceptance via its SIB Pay acquiring services.
Jul 22, 2026
SIB - University of Sharjah MoU
SIB signed a Memorandum of Understanding with the University of Sharjah to cooperate on financial literacy, professional development, internships, career fairs, and student talent acquisition.
Jun 4, 2026
Similar Companies
Official Channels
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Press & Announcements
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