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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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Opening a savings account for a child will also teach them that money can earn interest, and that those earnings, in turn, generate more interest. (File photo)
August 11th, 2016 - 08:00 GMT

Six ways to teach your kids how to be money-savvy in the UAE

Banks are using social media as an alternative to online banking. (File photo)
August 10th, 2016 - 10:00 GMT

GCC incorporates social media for customer interaction

Why do we need money? What is our goal? A scientist will know what he wants from his research. (File photo)
August 9th, 2016 - 08:00 GMT

How to plan and invest like a scientist

Individuals who spent more time contemplating events yet to come scored significantly lower in impulsiveness. (File photo)
August 8th, 2016 - 08:00 GMT

How to practise self-control with your credit card

Education costs go well beyond tuition, which is certainly the largest bill but not the only one. (File photo)
August 7th, 2016 - 10:00 GMT

How to budget for school activities

10-year US Treasury yields have climbed by almost 25 basis points from their trough of two weeks ago. (File photo)
August 4th, 2016 - 10:00 GMT

Low yields and high equities wont last

The US dollar stands out in a sea of fluctuating currency. (File photo)
August 3rd, 2016 - 10:00 GMT

US dollar continues upswing despite worldwide economic fluctuations

the UAE is on course to witness an exponential growth in the number of millionaires living in the country by 2025. (File photo)
August 2nd, 2016 - 06:29 GMT

Why the UAE is attracting all the millionaires

Expatriates and young population constitute the major category of the affluent investors segment. (File photo)
August 1st, 2016 - 06:00 GMT

UAE expats rake in serious wealth

It is a fact that stress - particularly when related to money and finances -  can cause major health issues. (File photo)
July 31st, 2016 - 07:00 GMT

How to manage your financial stress

A trip to Sri Lanka complete with pristine beaches, historic temples, and tea plantations in the mountains doesn't have to break the bank. (Lindsey Leger)
July 28th, 2016 - 09:00 GMT

Where to travel abroad for $400?

The plethora of online banking sites and mobile banks apps have changed how people interact with their money. (Shutterstock)
July 27th, 2016 - 01:00 GMT

The rise of banking apps for the middle class

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