Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall

Press release
Published January 22nd, 2023 - 06:26 GMT
Sharjah Islamic Bank inaugurates the new headquarters of its branch in Al Dhaid Mall
During the event
Highlights
Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters of its Al Dhaid branch in Sharjah.

Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters of its Al Dhaid branch in Sharjah. The opening is part of the SIB's plan to enhance the scope of its corporate and individual customers and reach the largest segment of beneficiaries from its financial and banking services package in the central region.

His Excellency Mohamed Abdalla, CEO of Sharjah Islamic Bank, cut the ribbon for the inauguration of the new branch in Al Dhaid Mall in the presence of His Excellency Dr Mohammed bin Huwaiden Al Ketbi, Chairman of Al Dhaid Municipal Council, His Excellency Ahmed Saad, DCEO of SIB, and Nabil Abou Alwan, Head of Retail Banking at SIB, and several bank department officials. 

An integrated package of services for the people of the central region in Sharjah

His Excellency Mohamed Abdalla, CEO of Sharjah Islamic Bank, confirmed that the opening of the new branch is part of his ambitious vision to develop and expand its network of 36 branches across the country, repositioning a number of these branches in new strategic locations in line with public demand. This is consistent with the bank’s goal to provide an integrated package of services to all citizens and residents of the central region in the emirate, as well as government and semi-governmental institutions and private sector companies.

He pointed out that the SIB is looking forward to further developing its services in terms of quality, safety, ease of access, innovation, diversity, and digitization to meet the needs of customers in the cities of the central region (Al Dhaid, Al Bataeh, Al Madam and Maliha).  The areas have had a recent boost due to rapid population growth, new urban and tourism facilities, buildings, infrastructure, and vital services brought about by the package of projects and development initiatives launched by the Government of Sharjah in this region under the guidance of His Highness Sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah. 

Easier access for customers, shoppers and mall visitors

For his part, Nabil Abou Alwan, Head of Retail Banking at SIB, explained that the new headquarters of the Al Dhaid branch was strategically located at the front of Al Dhaid Mall on the ground floor, to provide easier access for customers, shoppers, and mall visitors, and allow for extended opening hours to suit customer needs.  He explained that the new branch opens from Monday to Saturday from 8 am to 8:30 pm and on Friday from 3 pm to 8:30 pm.

The latest globally approved digital technologies 

The branch began receiving individual and corporate customers for financial and banking services.  Services included various financials, opening accounts, issuing cards, withdrawals, and deposits.   In addition, customers can also obtain or apply for all international banking services around the clock through the bank's official website and smart application, which is based on the latest internationally approved digital technologies.

Background Information

Sharjah Islamic Bank

We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 30 years ago. 

Sharjah Islamic Bank (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.

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