SIB is mainly engaged in corporate, retail, and investment banking activities through 34 branches across the U.A.E. It provides hospitality, brokerage, and real estate services through its subsidiaries, Sharjah National Hotels, Sharjah Islamic Financial Services, and ASAS Real Estate. In 2022, SIB had assets of $16.1 billion, and its net profits grew by 26.6% to hit $177.4 million. The government of Sharjah owns 37.5% of SIB through Sharjah Asset Management (28.5%) and the Sharjah Social Security Fund (9.1%), while Kuwait Finance House has an 18.2% stake.