Sharjah Islamic Bank Business Account Opening

Key points

If Sharjah Islamic Bank is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched request is approved faster. SIB is a natural fit for SAIF Zone, Shams and Sharjah mainland companies. Account opening at Sharjah Islamic Bank is a compliance process, not a sales process: the bank wants to understand who you are, what you sell, who pays you and where the money comes from. GoldenKey prepares a one-page business profile, a projected cash-flow summary and a document pack in the format Sharjah Islamic Bank relationship managers expect.

Step by step

1. 
   Step 1

   Profile review

   Importantly, we review your licence, activity, shareholder nationalities and expected turnover and confirm that Sharjah Islamic Bank is a sensible match.

2. 
   Step 2

   Document pack

   GoldenKey builds the complete document pack for Sharjah Islamic Bank: corporate papers, signatory IDs, proof of address, profile and supporting invoices. Expect clear updates from your GoldenKey consultant while this step runs for Sharjah Islamic Bank Business Account Opening.

3. 
   Step 3

   Introduction and meeting

   GoldenKey introduces you to a business banking officer at Sharjah Islamic Bank and joins the application meeting, in person or online.

4. 
   Step 4

   Compliance and activation

   As a rule, after compliance review by Sharjah Islamic Bank, any queries are answered with our help and the account is opened. This is also the point at which we answer any question specific to Sharjah Islamic Bank Business Account Opening.

Documents required

For Sharjah Islamic Bank Business Account Opening the authority asks for the following documents, and we tell you exactly how each must be formatted.

• Office tenancy contract or flexi-desk agreement
• Passport, visa and Emirates ID copies of all shareholders and signatories
• A business profile describing products, customers, suppliers and countries of operation
• Sample invoices, contracts or purchase orders where available
• Personal or corporate bank statements for the last three to six months
• A CV for each shareholder and the company's website or social links

Pricing

All prices for Sharjah Islamic Bank Business Account Opening are indicative, shown in AED and confirmed in writing before you pay. The figures below for Sharjah Islamic Bank Business Account Opening are updated by GoldenKey whenever the registrar changes its fees, so the price you see is the current one.

Sharjah Islamic Bank accounts by company type

Free Zone Companya company licensed in a UAE free zone such as Ajman, IFZA …Mainland LLCa mainland limited liability company licensed by an econom…Offshore Companya non-resident Ajman or IFZA offshore company…Branch Officea UAE branch of a foreign parent company…Sole Establishmenta mainland business owned by one individual…Freelanceran individual holding a freelance permit…

Sharjah Islamic Bank guides by nationality

IndianPakistaniBritishRussianChineseNigerianSaudiEgyptianKenyanGermanSingaporeanOmaniFrenchItalianSpanishPortugueseDutchBelgianSwissAustrianSwedishNorwegianDanishFinnishIcelandicIrishPolishCzechSlovakHungarianRomanianBulgarianGreekCroatianSerbianSlovenianUkrainianEstonianLatvianLithuanianAmericanCanadianAustralianNew ZealanderJapaneseSouth KoreanTurkishMalaysianIndonesianThaiVietnameseFilipinoBangladeshiSouth AfricanEmiratiQatari

Why the UAE

In our experience, the dirham has been pegged to the US dollar since 1997, which removes currency risk for Sharjah Islamic Bank Business Account Opening and makes international pricing simple. Residence visas for owners and families come with the company, which makes Sharjah Islamic Bank Business Account Opening a route to relocation as well as a business decision.

Why GoldenKey

Every Sharjah Islamic Bank package we quote already includes the licence, registration, the establishment card where applicable and our full assistance, with no hidden add-ons at the end. GoldenKey is a licensed business setup consultancy, not a reseller, which means your Sharjah Islamic Bank application is prepared, checked and submitted by our own team. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Sharjah Islamic Bank Business Account Opening happen the same day they are ready.

Frequently asked questions