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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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Getting in the habit of spending to cheer up or make up for the lack of social life or company is a bad route. (File photo)
June 13th, 2016 - 10:54 GMT

Retail therapy: A quick fix that can lead to long-term problems

Keep a track of your transactions and account activity even when you're travelling. (Shutterstock)
June 12th, 2016 - 09:24 GMT

Know before you go: Planning your holiday finances

Those who planned their trips well ahead of time probably made the most savings. (File photo)
June 8th, 2016 - 11:37 GMT

Don't let long layovers burn a hole in your wallet

Most of Dubai’s shopping malls will be home to large collection boxes so people are able to drop off items they want to donate. (File photo)
June 6th, 2016 - 09:42 GMT

Ways to give during Ramadan

Rather than trying to earn more money or build a bigger villa, a significant number of people are managing with less in order to achieve their goals. (File photo)
June 5th, 2016 - 09:15 GMT

Financial planning is life planning

Going cashless can range from consumers paying through mobile payment applications on their smartphones, to paying through the latest wearable devices such as smart watches. (File photo)
June 2nd, 2016 - 10:45 GMT

Cashless payments increasingly possible in the UAE

Understanding your spending habits will help you determine the best kind of card to complement your budget and lifestyle.  (File photo)
May 31st, 2016 - 10:56 GMT

Playing your cards right: Credit card smarts

If you are trying to have a successful project on a budget, you must be clear about your costs the project involves. (Shutterstock)
May 30th, 2016 - 04:20 GMT

Home improvements: Beware of spiralling costs on DIY projects

Financial experts agree that an emergency fund is not just a nice extra, it can be a lifeline. (Shutterstock)
May 25th, 2016 - 11:26 GMT

Saving for a rainy day: Why failing to plan is planning to fail

Everything may seem to be a lot cheaper when bought in bigger quantities. (Shutterstock/mandritoiu)
May 22nd, 2016 - 10:22 GMT

Bigger isn't always better: Wholesale buying may not always save money

British banks and the Bank of England are busy preparing contingency plans should Britain leave the EU after the June 23 vote. (Shutterstock)
May 17th, 2016 - 12:31 GMT

Are your investments Brexit-proof?

More than 45 per cent of respondents consider agency repair to be the most important feature when choosing a new car insurance policy.  (Shutterstock/Mtsyri)
May 16th, 2016 - 11:47 GMT

Your checklist for choosing car insurance

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