# Sharjah Islamic Bank (SIB)

> Source: https://docs.barcoder.ai/docs/wallets/sharjah-islamic
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [SIB — official](https://www.sib.ae/)

## Key details

- **Launch:** 1975

## Overview

**Sharjah Islamic Bank (SIB)** is **UAE Islamic commercial bank** + **ADX: SIB** + **Government of Sharjah + Sheikh Sultan bin Mohammed Al Qasimi UAE Sharjah ruling family + Kuwait Finance House KFH KWSE: KFH ~20%+ minority + Sharjah retail + institutional + foreign investors free float** + **one of UAE's largest Islamic commercial banks** + **founded 1975 in Sharjah UAE as National Bank of Sharjah then 2002 Sharjah Islamic Bank SIB rebrand + Islamic conversion** <sup>[1][1], [United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup>.

## History

**1975 — National Bank of Sharjah founded in Sharjah UAE as Sharjah emirate national commercial bank**.

**2002 — Sharjah Islamic Bank SIB rebrand consolidating National Bank of Sharjah + Islamic conversion from conventional to Islamic commercial banking** distinctive UAE Islamic banking conversion as one of UAE's first conventional-to-Islamic bank conversions.

**2014 — SIB Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Sharjah Islamic Bank SIB PJSC** (UAE Islamic commercial bank; ADX: SIB).

**Major shareholders**: **Government of Sharjah + Sheikh Sultan bin Mohammed Al Qasimi (UAE Sharjah ruling family) + Kuwait Finance House KFH (KWSE: KFH) Kuwaiti parent ~20%+ minority + Sharjah retail + institutional + foreign investors free float**.

**Regulators**: **Central Bank of UAE CBUAE**.

## Technical integration

SIB Mobile app (iOS + Android) + sib.ae online + Sharjah Islamic Bank branch network across UAE + SIB Visa + Mastercard cards (Islamic-compliant); EMVCo QRCPS QR payments + Aani UAE national instant payments + AED Emirati Dirham domestic transfers.

## Implementations & partners

**Major UAE banking + payments competitors**: First Abu Dhabi Bank (First Abu Dhabi Bank FAB; ADX: FAB) + [Emirates NBD (ENBD X)](https://docs.barcoder.ai/docs/wallets/emirates-nbd) (Emirates NBD Bank; DFM: EMIRATESNBD) + [Abu Dhabi Commercial Bank (ADCB)](https://docs.barcoder.ai/docs/wallets/adcb-uae) (Abu Dhabi Commercial Bank ADCB; ADX: ADCB) + [Mashreq NEO + NEOPAY (UAE)](https://docs.barcoder.ai/docs/wallets/mashreq-neo) (Mashreq Bank; DFM: MASB) + [Dubai Islamic Bank (DIB)](https://docs.barcoder.ai/docs/wallets/dubai-islamic-bank) (Dubai Islamic Bank DIB; DFM: DIB; UAE's largest Islamic commercial bank by assets + world's first Islamic commercial bank) + [Abu Dhabi Islamic Bank (ADIB)](https://docs.barcoder.ai/docs/wallets/abu-dhabi-islamic-bank) (Abu Dhabi Islamic Bank ADIB; ADX: ADIB) + [Emirates Islamic Bank / EI+](https://docs.barcoder.ai/docs/wallets/emirates-islamic) (Emirates Islamic Bank EI; DFM: EIB) + [Ajman Bank](https://docs.barcoder.ai/docs/wallets/ajman-bank) (Ajman Bank; UAE Islamic commercial bank).

**Regulators**: Central Bank of UAE CBUAE.

## Status

**Active, UAE Islamic commercial bank + ADX:SIB + Government of Sharjah + Sheikh Sultan bin Mohammed Al Qasimi UAE Sharjah ruling family + Kuwait Finance House KFH KWSE:KFH ~20%+ minority + Sharjah retail + institutional + foreign investors free float + one of UAE's largest Islamic commercial banks + founded 1975 in Sharjah UAE as National Bank of Sharjah then 2002 Sharjah Islamic Bank SIB rebrand + Islamic conversion** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.sib.ae/ "SIB — official"
[2]: https://en.wikipedia.org/wiki/Sharjah_Islamic_Bank "SIB — Wikipedia"
[ae-cro]: https://docs.barcoder.ai/docs/payments/AE

- [1] [SIB — official][1]
- [2] [SIB — Wikipedia][2]
- <sup>[United Arab Emirates report](https://docs.barcoder.ai/docs/payments/AE)</sup> In-corpus: `reports/countries/AE-united-arab-emirates.md`

## Source

Biography extracted from [sharjah-islamic.md](https://docs.barcoder.ai/source/wallets/sharjah-islamic). See `matrix.md` for standards-support matrix if present.