Sharjah Islamic Bank Holds First Draw of “Millionaire” Campaign and Announces Winner of BMW XM

Sharjah Islamic Bank (SIB) has conducted the first draw of its “Millionaire” Campaign, the largest promotional campaign in the Bank’s history and one of the most prominent savings initiatives in the UAE banking sector. Launched on July 1, 2025, and running until July 2026, the campaign will distribute prizes worth AED 20 million, reflecting SIB’s commitment to rewarding customer loyalty and promoting a culture of saving and smart investing.

The first draw was held at SIB’s headquarters in the presence of representatives from the Sharjah Department of Economic Development, alongside a number of the Bank’s executives and employees, in a celebratory atmosphere that underscored SIB’s dedication to delighting customers and honoring their trust.

Through the “Millionaire 2025” Campaign, SIB reaffirms its ongoing commitment to supporting community-oriented saving habits. The campaign aligns with SIB’s strategy to promote sound financial behaviour across all segments of society by offering smart saving solutions backed by tangible incentives. These efforts aim to help individuals build a more stable financial future while reinforcing SIB’s pledge to launch large-scale savings campaigns that are substantial in both value and rewards. This approach reflects the Bank’s mission to deliver exceptional banking experiences, reward loyalty, and encourage prudent investment, while recognizing customers’ dedication to growing their savings safely and sustainably.

AED 20 Million in Prizes

The “Millionaire” Campaign offers an impressive lineup of prizes totaling over AED 20 million to be awarded throughout the year.. The campaign features eight grand cash prizes of AED 1 million each, awarded quarterly, with four prizes dedicated to UAE nationals. It also celebrates national and religious occasions with four major seasonal prizes worth AED 2 million each.

Beyond cash rewards, the campaign includes eight luxury BMW XM vehicles to be awarded through periodic draws, adding an exceptional incentive for participants. Additionally, monthly cash prizes ranging from AED 500 to AED 5,000 will be awarded to over 40 winners every month, significantly increasing participants’ chances of winning.

Cash Prizes and BMW XM Headline July Draw

During the first draw, SIB announced the names of the July winners, which included a variety of cash prizes: 25 participants won AED 500 each, 10 participants won AED 1,000 each, and 5 winners received AED 5,000 each. The highlight of the draw was the grand prize, a luxury BMW XM, awarded to Ms. Fida Hassan Ahmed, marking a strong start to the campaign and heightening anticipation for upcoming draws.

Participation Opportunities Still Open

SIB invites all current and new customers to open savings accounts or increase their savings balances to ensure automatic entry into the upcoming draws and enjoy the many benefits of the account, such as easy access to funds, competitive profit rates, and valuable cash prize opportunities.

To make participation accessible to everyone, the Bank offers flexible and convenient ways to open a savings account, through the SIB Digital app, by sending the word “Millionaire” via SMS to 6667, through SIB’s website (www.sib.ae/en/millionaire), or by calling 065999999.
For every ten thousand dirhams saved, customers earn an entry into the upcoming draws, making the savings account a practical gateway to achieving dreams and reinforcing SIB’s position as a leading institution in the UAE banking sector.