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.
The revolutionizing from commercial banking to Islamic
banking was a significant twist for the bank. Not only were specialized
products & services modulated for customers, the banks entire organization
was converted to be conventional to Islamic regulations.