With the rapid development of cloud-based data sharing technologies, enterprises and organizations tend to outsource their local data to cloud servers. They adopt searchable encryption (SE) techniques to access and search encrypted data. However, most existing SE schemes use static ranking strategies based on query–index similarity. These strategies fail to capture users’ personalized retrieval preferences and often result in suboptimal search performance. In this article, we present a privacy-preserving data sharing framework with personalized encrypted retrieval (PP-PER) that combines SE technology with federated learning. PP-PER trains user interest models locally on user devices by utilizing historical query behavior. Only encrypted model parameters are uploaded for aggregation, which avoids the centralized collection of users’ private data. In addition, we design an attention-based user query update algorithm. The learned personalized features are integrated into the ciphertext query process. This design enables personalized ranking results and improves the user retrieval experience. Furthermore, PP-PER combines matrix factorization with ciphertext-policy attribute-based encryption (CP-ABE). This mechanism ensures secure document key distribution and supports fine-grained access control. Finally, we formalize the security model under a practical threat and leakage setting and provide a theoretical analysis of the proposed scheme. Experimental results on real-world datasets further validated its practicality and effectiveness.