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Dec '18

Sharjah Islamic Bank inaugurates Muwailih branch in Sharjah


Sharjah Islamic Bank inaugurates Muwailih branch in Sharjah

 To strengthen its branches network across the UAE


On Tuesday, HE Mohammed Abdullah, CEO of Sharjah Islamic Bank, has inaugurated the branch of the Bank in Muwailih Commercial district in Sharjah, specifically, on University City Street, as a quality addition to services provided in this vital area. It is the first branch of a bank located on University City Street, to strengthen its branches network across the United Arab Emirates. This is the bank's second inauguration in less than a month. It inaugurated its second branch at Al Ain (Hazaa Bin Zayed Stadium) in late November.


The new branch opening ceremony was attended by HE Ahmed Saad, DCEO of Sharjah Islamic Bank, Nabil Abou Alwan, Head of Retail Banking Group at SIB, and a number of SIB officials and a number of distinguished clients and representatives of the media.


HE Mohammed Abdullah stressed the keenness of SIB on expanding and increasing its branches across the UAE to meet the needs of individual and corporate clients, particularly in the major residential and commercial areas that do not contain any branches of banks. The move is aimed at easing the lives of inhabitants of these areas and those working in them and enabling them to access a wide range of Shariah-compliant banking products and services.


Meanwhile, Abou Alwan said: "Our choice of Muwailih area to open the bank's 35th branch was based on the growing need of the inhabitants of this area, particularly the University City and the Sharjah Airport, Al Dhaid Road, Muwailih Road and Sheikh Mohammed Bin Zayed Road, for a nearby bank to meet their needs. Actually, the substantial growth seen in the area, in terms of residential and commercial projects, made it necessary to have a bank that would provide appropriate services and facilities to customers. "


The new branch will operate six days a week from Saturday through Thursday between 8am and 2:30pm and will include car-parks for its customers. It will offer its services, which are supported by a range of electronic and smart channels and devices round the clock, for individual and corporate clients alike.

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