Product/Service
Description
Fees (AED)
Account Opening
Savings or Current Account Opening Fee
Typically Free
Monthly Account Maintenance
Monthly fee for account maintenance
Varies by Account Type
Cheque Book
Issuance of a new cheque book
Approximately 50 - 100
ATM Withdrawal (Outside Network)
Fee for using ATMs outside SIB network
Approximately 2 - 5
Overdraft Facility
Charges for overdraft services
Interest-based, varies
Personal Finance
Processing fee for personal loans
Typically 1% - 2% of Loan Amount
Credit Card Annual Fee
Annual fee for credit card
Approximately 100 - 500
Late Payment Fee
Fee for late payments on loans or credit cards
Approximately 200 - 500
Foreign Currency Transactions
Fee for foreign currency transactions
Approximately 1% - 3%
Islamic Home Finance
Processing fee for home finance
Varies by Finance Type
Islamic Car Finance
Processing fee for car finance
Account Closure
Fee for closing an account (if applicable)
In the UAE, whether you want a financial solution or access to funds, Banks are reliable and prefer options. Sharjah Islamic Bank (SIB) is the premier financial institution that allows you to manage your finances easily. It was founded in 1975 and is operated under Islamic principles in this beautiful country. Moreover, the commitment of Sharjah Islamic Bank to customer satisfaction and Sharia law enhances your experience. In this detailed blog, we will explore services and account openings with Sharjah Islamic Bank.
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