Sharjah Islamic Bank PJSC 2021 SR
The report outlines Sharjah Islamic Bank's (SIB) commitment to integrating ESG principles into its Sharia-compliant operations during 2021. Key highlights include a significant social contribution of over AED 79 million towards community initiatives, education, and healthcare. The bank successfully navigated the COVID-19 pandemic by supporting customers through the Targeted Economic Support Scheme (TESS) and ensuring no job losses for employees. Environmental efforts focused on tracking water and energy consumption across branches, while governance was strengthened through a robust framework and adherence to Central Bank guidelines. SIB also emphasized digital transformation and product innovation, such as 0% profit financing for Hajj, education, and medical equipment.
Company: Sharjah Islamic Bank PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2021
Type: SR
Pages: 23
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Sharjah Islamic Bank PJSC
ESG Report
The report outlines Sharjah Islamic Bank's (SIB) commitment to integrating ESG principles into its Sharia-compliant operations during 2021. Key highlights include a significant social contribution of over AED 79 million towards community initiatives, education, and healthcare. The bank successfully navigated the COVID-19 pandemic by supporting customers through the Targeted Economic Support Scheme (TESS) and ensuring no job losses for employees. Environmental efforts focused on tracking water and energy consumption across branches, while governance was strengthened through a robust framework and adherence to Central Bank guidelines. SIB also emphasized digital transformation and product innovation, such as 0% profit financing for Hajj, education, and medical equipment.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees