Sharjah Islamic Bank Watani Account

Bank Accounts in the UAE

Sharjah Islamic Bank is a fully Shariah-compliant financial institution headquartered in Sharjah. As a customer, you can avail of specialised services and convenient banking solutions for all your requirements with this bank. 

The Watani account is a prime example of the excellent banking services offered by this bank. The Sharjah Islamic Bank Watani account is exclusively designed for high-income earners and businesses. In this comprehensive article, we will uncover all the significant information related to the bank account, including its features and benefits, eligibility criteria, documents required, the process to open Sharjah Islamic Bank Watani account, modes of banking, and much more. 

Features and Benefits of Sharjah Islamic Bank Watani Account? 

Let’s first look at the top features and benefits of this Sharjah Islamic Bank Watani account -  

  1. Get fast track decisions on all finances 
  2. Enjoy monthly profits on your savings 
  3. Avail of exclusive foreign exchange rates and other related services 
  4. You can make unlimited deposits and cash withdrawals at more than 100 ATMs in the UAE 
  5. Get higher cash withdrawal limits
  6. Manage your account with a reliable and dedicated relationship manager 

What are the Different Modes of Sharjah Islamic Bank Watani Account Banking?  

As a user of this account, you can use any of the following banking channels to enjoy various banking services of the Sharjah Islamic Bank Watani Account -  

Online Banking 

With the online banking service of this bank, you can fulfil all your bank-related requirements with [the utmost convenience. Remote access to banking makes it easy to perform transactions, fund transfer, balance check, and more. Other benefits of internet banking include -  

  • DEWA, SEWA, FEWA and Salik payments are on the go 
  • Easy and instant card activation as well as card blocking 
  • Get chequebooks and certificate requests 
  • Get special transaction fees upon using online banking for transactions 
  • Open new accounts such as Sharjah Islamic Bank Watani Account and other SIB accounts instantly 
  • Existing customers of SIB can keep their profiles updated by instantly updating their personal information whenever required 
  • Enjoy free remittances to India and Pakistan  

Mobile Banking

Mobile banking with this bank is similar to online banking in terms of convenience and can be done through the official mobile application of the Sharjah Islamic Bank. With a seamless banking option, you get the flexibility to use the mobile application at any time from anywhere in the world. The SIB mobile app is available for Android and Apple users. 

Here are the benefits of using the Sharjah Islamic Bank Watani account through the app -   

  • Avail of free remittances to India and Pakistan
  • Easily update your personal information whenever required by accessing their bank portal instantly 
  • Obtain chequebooks and certificate requests 
  • UAE nationals and expats can open any SIB account easily with just a few taps 
  • Existing customers can easily activate and block their credit cards and debit cards 
  • Quickly make bill payments such as Salik, DEWA, SEWA, FEWA, and other transactions 

Sharjah Islamic Debit Card

Phone Banking 

Through phone banking, you can send your queries to the bank. For making online queries, you can visit the ‘Contact Us’ section and provide the necessary details along with their message. Alternatively, you can connect with the bank via the bank’s phone number: +97165999999 (within UAE). The customer support team is available round the clock every day.  

SMS Banking 

With SMS banking, you can get regular updates on your Sharjah Islamic Bank Watani account round the clock and keep track of all the activity related to your account. As a customer, you can subscribe to the SMS service and send your desired pre-defined service code to 6677. It is necessary to subscribe for SMS banking from the mobile number that is registered with the SIB account. 

The table below lists all the SMS codes that would be of relevance to you -  

Service Request Service Code Service Code Text
Account Balance AB AB (A/C Number)
Account Summary AS AS or AS (CIF)
Fixed Deposit FD FD
Last 5 Transactions LF LF (A/C Number)
Last Month Profit Rates   PR PR
Exchange Rates EX EX or EX (Currency Code)
Balance Order Detail BO BO (A/C Number)
Standing Order Detail SO SO (A/C Number)
New Account NA NA (Old A/C Number)
Language Switch Mode LM LM (Language Code)
Help HL HL
Deal Info DI DI

Offline Banking

You can always opt for the conventional route to open and access your SIB accounts, including the Watani account. You can visit your nearest bank branch to open this account or avail of any services related to it. However, make sure that you carry all the necessary documents whenever you visit the bank in person.

What are the Eligibility Criteria for Sharjah Islamic Bank Watani Account?

Applicants of the Sharjah Islamic Bank Watani Account are required to maintain a minimum balance of AED 100,000 in order to be eligible. 

What are the Documents Required for Sharjah Islamic Bank Watani Account?

If you are seeking to apply for the Sharjah Islamic Bank Watani account, you must possess the following mandatory documents -  

Documents Required for UAE Nationals
  • Original Passport
  • Original Emirates ID
Documents Required for UAE Expatriates
  • Original Passport
  • Original Emirates ID
  • Original UAE Residence Visa

How to Apply for Sharjah Islamic Bank Watani Account?

Those who wish to apply for the Sharjah Islamic Bank Watani account can choose any of the following three methods - 

Via Policybazaar UAE

Applying for the Sharjah Islamic Bank Watani account through Policybazaar UAE is quite an easy process. Moreover, if you face any issues while applying, you can simply get in touch with our customer executive team for further assistance. 

Here’s how you can apply for this account with Policybazaar UAE - 

  1. Visit our website
  2. On the homepage, move to the ‘Banking Products’ menu
  3. Tap on the ‘Bank Account
  4. Choose the account type, enter your name, contact number, and email ID and mention your monthly income, city, and nationality
  5. Click on the ‘View Quotes’ button
  6. Apply filters and look for the Sharjah Islamic Bank Watani account.
  7. Click on the ‘Apply’ button and follow the instructions displayed on the screen to complete the process 

Via Online Banking 

  1. Go to the official website of Sharjah Islamic Bank 
  2. From the ‘Personal’ menu, click on the Watani Account 
  3. Once you are directed to the Sharjah Islamic Bank Watani account page, scroll down 
  4. Click on the ‘Apply Now’ option
  5. On the next page, select the ‘Account type’ 
  6. Type in your first name, last name, mobile number, email ID, nationality, date of birth, employer, and monthly income in AED. Select your employment type and specify whether you are an existing SIB customer as well. 
  7. Submit the application and follow the on-screen prompted instructions to complete your application

Offline Visit to the Branch 

If you wish to perform the entire application process in person, then go to your nearest branch of SIB. Enquire whom to contact regarding the account opening process. After a representative is assigned to you, follow the prompted instructions and complete the procedure. Make sure to carry all the required documents with you to ensure a smooth process.  

Open Sharjah Islamic Bank Account

How to Access Your Sharjah Islamic Bank Watani Account? 

Once your Sharjah Islamic Bank Watani account has been successfully opened, you can access and operate it in multiple ways. All you need to make sure of is to register your existing account with online banking modes. 

The following are the methods through which you can sign into your SIB Watani account and use it   

Via Online Banking

  1. Open the official website of SIB 
  2. Click on the ‘Online Login’ option present on the right side of the screen 
  3. You will be redirected to the next page 
  4. Choose ‘Personal’ and then enter your user ID 
  5. Click on the ‘Secure Login’ option
  6. Enter your password to sign in to your account 

Via Mobile App

  1. Download and install the SIB application on your smartphone 
  2. Login using your online banking credentials or via login PIN 
  3. After your profile opens, choose your Sharjah Islamic Bank Watani account to use it 

By Visiting SIB Branch 

Besides the online methods, you can have direct in-person communication with bank officials by visiting your nearest SIB branches. Here, you would be required to provide your personal details to the concerned representative to have them present the required information or service to you.   

How to Close a Sharjah Islamic Bank Watani Account? 

To close your Sharjah Islamic Bank Watani account, you can reach out to the customer care team of the bank by dialling 06-5999999. State the reason for the closure and follow the procedure as instructed by the concerned representative to close your account.  

Sharjah Islamic Bank Watani Account: Fees and Charges 

You can find all the major fees and charges of the Sharjah Islamic Bank Watani account in the table below -  

Types of Charges Fees
Ledger Fee AED 105
Account Closure Fee (In All Currencies) AED 105
SMS Monthly Fees (Per Account) AED 5.25
Paper Statement by Mail Per Statement AED 5.25
Additional Bank Statement- For Each Month AED 26.25
Transaction Fee at Branch Counter AED 10.50 (6 free per month)
Non-AED Cash Deposit/ Withdrawal in Non- AED A/C 1.05%
Hold Mail AED 378

For more information, refer to the frequently asked questions related to the SIB Watani account below - 


How to register a Sharjah Islamic Bank Watani account on the SIB app? 

Check out the following steps to open your SIB Watani account in the bank’s app - 

  1. After downloading the app, open it and click on ‘Register’ 
  2. Type in your card number/ account number and the TPIN/ PIN 
  3. Enter the OTP sent to your registered mobile number 
  4. Create a new username and password
  5. Click the relevant checkbox to agree to the terms and conditions of using your account  
How to recover a lost or forgotten SIB online banking username? 

Visit the personal banking login page and click on the ‘Forgot ID?’ option. Enter your account number/ card number as well as your TPIN/ PIN. Submit these details and enter the authentication code sent to your registered mobile number via SMS. Further, follow the instructions displayed on the screen to retrieve your username. 

What is the minimum balance required to maintain the Sharjah Islamic Bank Watani account? 

The minimum balance to maintain the SIB Watani account is AED 100,000. 


How to contact the bank to make online queries regarding the Sharjah Islamic Bank Watani account? 

Open the SIB website, scroll to the bottom of the page, and click on the ‘Make an Inquiry’ option. Select the nature of the request and enter the required personal details. Choose a category type and write your query in the given box. After you submit this, you will get a revert from one of the bank officials. 

Which currencies are available in the Sharjah Islamic Bank Watani account? 

AED and USD currencies are available with this Sharjah Islamic bank account.

Is it mandatory to have a SIB account to use the SIB mobile application?

Yes, the SIB mobile app is only available for Sharjah Islamic Bank customers.

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