Sharjah Islamic Bank Celebrates Two Winners of AED 1 Million Each under ‘The SIB Millionaire’

Press release
Published January 18th, 2026 - 10:32 GMT

Sharjah Islamic Bank Celebrates Two Winners of AED 1 Million Each under ‘The SIB Millionaire’

Sharjah Islamic Bank (SIB) announced that two customers have each won AED 1 million as part of the December draws of ‘The SIB Millionaire’ celebration that was conducted by the Bank at Yas Mall in Abu Dhabi. The event marked a meaningful start to the new year, renewing the bank’s promise to support customers on their journey toward brighter futures through ethical, Shariah-compliant savings and financial solutions and features an exceptional portfolio of prizes with a total value exceeding AED 20 million.

The SIB Millionaire empowers customers with a purpose-led savings initiative to achieve their financial dreams by encouraging responsible, Shariah-compliant saving for a brighter, more inclusive future.

Announcement of Winners

The December draws of ‘The SIB Millionaire’ delivered two life-changing moments: Moza Al Kindi claimed the AED 1 million prize for UAE nationals, and Farida Hijazi won the AED 1 million prize open to all, showcasing how purposeful saving can truly transform lives.

Strong Public Engagement and Marketing Momentum

‘The SIB Millionaire’ event at Yas Mall witnessed a strong public turnout exceeding 3,000 visitors, including customers, their families, and mall visitors, over three consecutive days from 9 to 11 January 2026.

The event created a welcoming, family-friendly atmosphere where everyone came together to share joyful moments. Visitors enjoyed curated experiences that sparked connection and happiness, reflecting the bank’s dedication to building relatable and meaningful relationships.
The response was truly exceptional. In just three days, The SIB Millionaire celebration achieved a significant surge in new savings account openings. The event also created valuable engagement across cards and other services, underscoring the broader impact of thoughtful, community-focused interaction.

Commenting on The SIB Millionaire event, Nabil Abou Alwan, Head of Retail Banking at Sharjah Islamic Bank, said: “The SIB Millionaire event at Yas Mall was not merely about awarding prizes; it was an opportunity to renew our commitment to supporting each customer’s journey toward a better future and enabling them to realize their aspirations.

Seeing families come together, open new savings accounts, and build meaningful connections truly reflects the essence of our mission. We value this positive engagement and look forward to continuing our journey of trust and shared progress.”

He added that the event reinforces the Bank’s commitment to Environmental, Social, and Governance (ESG) principles by promoting responsible saving habits and creating inclusive experiences that benefit individuals, families, and the wider community.

Huge Rewards with The SIB Millionaire

‘The SIB Millionaire’ rewards customers who save for their dreams through a bouquet of prizes under the theme – Save the Dream. We’ll make it happen. With a total value of prizes exceeding AED 20 million over 12 months. ‘The SIB Millionaire’ offers grand cash prizes of AED 1 million each, including prizes dedicated exclusively to UAE Nationals, seasonal grand prizes valued at AED 2 million on special occasions, luxury BMW XM vehicles, and cash prizes ranging between AED 500 and AED 5,000, awarded to more than 40 winners every month, significantly increasing winning opportunities for all participants.

Initiative Continuity and Call to Participate

The SIB Millionaire continues to grow with momentum, and the next draw is scheduled for early February, featuring a luxury BMW XM as the prize, as part of a series of periodic draws offering major cash prizes and premium vehicles.

SIB invites existing and new customers to increase their balance or open a new Savings Account, as every AED 10,000 saved grants an automatic entry into the draw.
Customers can instantly open a Savings Account through the SIB Digital App or via multiple channels, including the Bank’s website (www.sib.ae/millionaire), by sending the word “Millionaire” via SMS to 6667, by calling 065999999, or by visiting their nearest branch.

About Sharjah Islamic Bank

Sharjah Islamic Bank is a leading Shariah-compliant financial institution in the UAE, dedicated to innovative, customer-centric solutions rooted in trust, integrity, and ethical principles. With a focus on digital transformation, accessibility, and community empowerment, SIB continues to support the aspirations of individuals, families, and businesses across the nation.

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.

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