Digital Transformation In Sharjah Real Estate: SRERD And SIB Launch Electronic Mortgage Services

The Sharjah Real Estate Registration Department has signed a cooperation memorandum with Sharjah Islamic Bank to create a direct electronic link between their systems. The move supports Sharjah’s wider digital transformation plans and aims to speed up real estate registration and financing procedures while reducing the need for in-person visits by customers.

Through the new digital connection, customers are expected to complete mortgage and property-related procedures more quickly and with fewer steps. The link will rely on advanced encryption methods and strict data protection standards, which are designed to protect the confidentiality and accuracy of information exchanged between both entities.

The memorandum gives Sharjah Islamic Bank direct access to the Sharjah Real Estate Registration Department’s electronic system. This access will allow the bank to carry out inquiries, verify information, and complete compliance checks online. The process will operate under existing legal regulations and internal controls that govern real estate and banking transactions in the emirate.

The agreement also focuses on mortgage services managed through the electronic link. Sharjah Islamic Bank will be able to register, amend, cancel, and release mortgage contracts digitally. These procedures will be performed within the department’s system, which is expected to reduce processing time, improve accuracy, and limit manual errors for all parties involved.

The signing ceremony brought together senior representatives from both sides, underlining the importance of the cooperation. Abdul Aziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, and Mohamed Abdalla, CEO of Sharjah Islamic Bank, attended the event. The memorandum was signed by Abdulaziz Rashid Al-Saleh and Mr ObaidSaif bin Khadem.

According to Abdul Aziz Ahmed Al-Shamsi, the partnership forms an important step in improving Sharjah’s real estate business environment. Al-Shamsi explained that allowing banks to use the department’s electronic platform shows a clear focus on transparency, precise data handling, and faster service delivery across real estate registration and related financial activities.

Sharjah Real Estate Registration Department, Sharjah Islamic Bank and digital real estate services

Al-Shamsi also highlighted that cooperation with Sharjah Islamic Bank is expected to support new investment flows into Sharjah. By simplifying real estate procedures and connecting banking services with digital registration systems, the initiative aims to make property transactions more attractive for investors looking at the emirate’s real estate market.

For Sharjah Islamic Bank, Mohamed Abdalla noted that the agreement demonstrates support for the Sharjah Government’s digital transformation efforts. Abdalla stated that the bank plans to use advanced digital tools to streamline mortgage procedures, raise operational efficiency, and improve customer experience, while helping maintain a stable and trusted real estate sector.

Abdalla added that linking directly with the Sharjah Real Estate Registration Department’s systems should improve coordination between both institutions. The cooperation is expected to facilitate faster mortgage approvals and updates, create clearer processes for customers, and strengthen investor confidence in Sharjah’s property market through reliable and secure digital services.

The memorandum is part of a wider programme by the Sharjah Real Estate Registration Department to improve its digital infrastructure and expand remote services for partners. By building strategic links with Sharjah Islamic Bank and other private sector entities, the department aims to support smart government operations and encourage further economic and real estate growth in the emirate.

With inputs from WAM