"Sharjah Islamic Bank" Supports Innovative Startups Through the “Ruwad Al Atheer” Program

As part of its strategic commitment to supporting entrepreneurs and national startups, Sharjah Islamic Bank (SIB) participated in the latest edition of the “Ruwad Al Atheer” program, organized by Sharjah Radio, by offering integrated banking accounts to three winning projects. This initiative reflects SIB’s dedication to empowering entrepreneurs, facilitating their financial transactions, and enabling them to launch their ventures with confidence, in line with its vision to promote financial inclusion and innovation in the business sector.
Enabling Entrepreneurs With a Flexible and Secure Financial Ecosystem
Saif Hamdan Al Alkeem, Head of Branch Network & Wealth Management at Sharjah Islamic Bank, emphasized that sponsoring the “Ruwad Al Atheer” program, a platform dedicated to discovering and empowering young talent and entrepreneurs, reflects the bank’s vision of building a sustainable economic community founded on innovation and a spirit of initiative.
He stated: “At SIB, we are committed to supporting emerging startups from their very first steps by providing tailored banking solutions designed to meet their unique needs. Through a secure and flexible financial ecosystem, we aim to facilitate their launch, accelerate their growth, and ensure their long-term sustainability. Our ambition is to be the strategic partner of choice for every innovative idea that transforms into a successful project, enriching the local economy and strengthening the entrepreneurial ecosystem in the UAE.”
Al Alkeem further highlighted that SIB’s contributions extend beyond financial support, underscoring its active community role in empowering youth through impactful initiatives that create real economic opportunities and foster innovation and creativity. He stressed that supporting entrepreneurial ideas is an investment in a brighter future and a significant step towards building a knowledge-driven society equipped with the tools for success.
Building a New Generation of Entrepreneurs
Program organizers praised the initiative, describing it as a pivotal step towards nurturing a new generation of entrepreneurs equipped with modern tools and a solid understanding of business concepts. They also commended Sharjah Islamic Bank’s pioneering role as a community partner, highlighting its active contribution to empowering youth and strengthening the ecosystem for innovative startups.
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.