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Money Matters

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Sharjah Islamic Bank Successfully Completes the Sale of All Treasury Shares
October 26th, 2025 - 09:30 GMT

Sharjah Islamic Bank Successfully Completes the Sale of All Treasury Shares

Sharjah Islamic Bank (SIB) announced the successful sale of all its treasury shares, amounting to 167.67 million shares, representing 5.18% of the Bank’s total share capital. The sale was completed shortly after the announcement of SIB’s third-quarter financial results and attracted strong demand from investors, reflecting growing confidence in the Bank’s solid performance and robust financial position. HE Mohamed Abdalla, CEO of Sharjah Islamic Bank, stated that the strong investor interest in SIB’s shares underscores confidence in its financial strength and sustainable growth strategy. He added that the positive third-quarter ...
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In recent years, Dubai residents have witnessed a number of fires in residential neighbourhoods that eventually displaced many families and resulted in huge financial losses. (Shutterstock)
December 21st, 2016 - 08:48 GMT

Why home insurance is worth the cost

For those who want to secure a police clearance certificate, they need to start the process with the nearest UAE embassy. (Shutterstock)
December 19th, 2016 - 09:59 GMT

Returning to the UAE after running away from debt

A rise in policy rates is expected to have a knock-on effect on business and consumer loans, making them slightly more expensive. (Shutterstock)
December 15th, 2016 - 08:01 GMT

Your loans are about to get more expensive

Familiarise yourself with what makes for a perfect time for your purchase. (Shutterstock)
December 13th, 2016 - 08:40 GMT

Does window shopping encourage impulsive buying?

Money should never be a problem if couples have that strong will to cooperate and work things out as planned. (Shutterstock)
December 11th, 2016 - 06:32 GMT

Relationship goals: Talking about money with your honey

Studies show that the majority of Jordanian adults have not developed smart saving habits. (Shutterstock)
December 6th, 2016 - 07:47 GMT

Jordan mandates financial literacy education in the classroom

Whilst airfare is only 40 percent of the total trip cost, food, transportation, and accommodation are much more important. (File photo)
December 5th, 2016 - 11:37 GMT

Planning a budget-friendly trip is an essential skill for every traveller

Stepping back slightly from meeting every whim and wish could help your teen mature sooner in terms of learning how money is earned and spent. (Shutterstock)
December 4th, 2016 - 08:40 GMT

Get your teen to manage their expenses

If your cash flow isn’t regular, knowing which payments that are coming up should keep you from splurging when a good chunk of income lands into your bank account. (File photo)
November 28th, 2016 - 08:06 GMT

Paper or digital, keeping up with your finances takes a little organization

Tucking away cash at home may also be driven by either a distrust of banks or a desire to evade tax authorities who are tracking private assets – or both.  (Shutterstock)
November 24th, 2016 - 06:50 GMT

The pitfalls of hoarding cash at home

Forget about any argument you’d make with a lender to get a personal loan, be realistic about your ability to repay the loan. (Shutterstock)
November 20th, 2016 - 10:09 GMT

Consider alternatives before rushing out for a loan

UAE projects historically take longer to complete than advertised, so calculate how delays will affect you. (Shutterstock)
November 15th, 2016 - 08:19 GMT

Property payment plans: If it sounds too good to be true, most likely it is

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