Sharjah Islamic Bank the Most Innovative Islamic Bank of 2019

Press release

Published October 7th, 2019 - 11:19 GMT

During the event

Highlights

Sharjah Islamic Bank (SIB) was awarded the Most Innovative Islamic Bank of the year at the FinX Awards 2019, held on October 2, at the Music Hall in Jumeirah Zabeel Saray, Dubai.

Sharjah Islamic Bank (SIB) was awarded the Most Innovative Islamic Bank of the year at the FinX Awards 2019, held on October 2, at the Music Hall in Jumeirah Zabeel Saray, Dubai. The bank was recognised for all their activities and initiatives during the year that helped them embark on a successful digital transformation journey.

Waleed Al Amoudi, Head of Digital Banking at SIB accepted the award, which was presented by Jamal Saleh, Director General of UAE Banks Federation, in the presence of Saleem Ahmed, Head of Information Technology at SIB along with several other dignitaries.

HE Ahmed Saad, DCEO of SIB, said, “Achieving this award highlights SIB’s achievements in introducing innovative concepts that enhance the quality of our business. Today we stand at the forefront of technological advancement and by upgrading our services by providing digital solutions, we wish to offer our customers with a unique experience like no other.”

“When choosing to bank with us, we believe our customers instill a lot of faith in us to provide valuable outcomes and services. This award is testimony towards the efforts put in by the SIB family that operates using a consumer centric approach for all its activities and have over the years yielded successful results,” he added.

Each year, the FinX Awards celebrate the spirit of innovation and entrepreneurship by recognising the best practices that shape the future of financial services and inspire a community of serial entrepreneurs, investment enthusiasts, passionate mentors, policy makers and institutional CxOs towards financial inclusion and economic development.

Sharjah Islamic Bank (SIB) is constantly seeking to deploy innovative and market leading products and services that are designed to accommodate the requirements of the retail and corporate customer base. They are working towards aligning with the UAE Vision 2021, which includes achieving a competitive knowledge economy based on innovation.

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.