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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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A good thing about the internet is that bad business practices can’t be covered up easily. (Shutterstock)
September 4th, 2016 - 11:39 GMT

Scouring the web for financial advice? Beware of bias and scams

The use of mobile phone for making payments would result in smaller queues at banks and exchange companies. (Creative Virtual)
August 31st, 2016 - 08:18 GMT

Cashless payments get easier in the UAE as banks get onboard with mWallet

Credit cards are designed to help us dig ourselves into debt and stay trapped there forever. (File photo)
August 30th, 2016 - 12:47 GMT

Eliminating credit-card debt: Balance transfers

Identify your major life goals so that you can determine when you will need to pay for them and how you will ensure you have the funds to do so. (File photo)
August 29th, 2016 - 12:27 GMT

Getting financially fit: Your plan of attack (Part Two)

If you compile a list of these big factors and compare what lenders offer you, you should be able to make an informed decision based on the best rates and terms. (File photo)
August 28th, 2016 - 11:46 GMT

Shopping for financial products? Follow these steps

Budgeting is a bit boring but the benefits are enormous. (Shutterstock)
August 23rd, 2016 - 03:13 GMT

Getting financially fit: Your plan of attack (Part One)

Shifting priorities can negatively impact your financial standing. (File photo)
August 22nd, 2016 - 12:27 GMT

In long-term financial planning, consistency is key

Travel insurance should be an essential on your pre-trip packing list. (Shutterstock)
August 21st, 2016 - 07:00 GMT

Rethink travel insurance: Five reasons this coverage is crucial

Monthly or fixed-term savings tools can offer a timely back-up when you are faced with unforeseen financial hurdles such as job loss. (File photo)
August 18th, 2016 - 04:00 GMT

Financial steps to take after losing your job

Interest rates on education loans are usually higher than on other personal loans. (File photo)
August 16th, 2016 - 04:00 GMT

Ivory towers of academia: Is college unaffordable in MENA?

Having a good cushion of savings is the best solution. (File photo)
August 15th, 2016 - 04:00 GMT

Why single-income households need a back-up cash plan

It may not be a very luxurious travel experience, but budget airlines transport passengers from point A to point B at minimal cost. (Wikimedia Commons)
August 14th, 2016 - 04:00 GMT

Budget air travel: Plan well or risk paying more

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