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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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Taking out a debt consolidation loans will still require curbing spending and discipline with repayments. (Shutterstock)
April 11th, 2016 - 08:19 GMT

Beware the pitfalls of debt consolidation

Ensure you are not overpaying for coverage you may not need, and read the fine print. (Shutterstock)
April 5th, 2016 - 10:37 GMT

Car and home insurance: what are you paying for?

When you’re selecting your bank, should not compromise on customer service and convenience for a better rate.  (File photo)
April 3rd, 2016 - 12:18 GMT

Know your banking needs before establishing a long-term financial relationship

Household spending on transportation will go up further, by around 25 per cent for some drivers, if the new parking fees will be taken into account. (Shutterstock)
March 30th, 2016 - 10:46 GMT

When you feel the pinch in your wallet, how do you cut back?

Financial planners should use strategies to help people cope with anxiety that might arise when discussing the future. (Shutterstock)
March 29th, 2016 - 12:51 GMT

If you've put off retirement savings because you're afraid of death, you are not alone

Resorting to private lenders or additional loans to pay back liabilities could potentially lead to a never-ending cycle of debt. (File photo)
March 27th, 2016 - 09:49 GMT

Are you resorting to excess loans to maintain a lavish lifestyle?

Starting to save earlier means that it will cost you a lot less in the long run to achieve your goals. (Shutterstock)
March 23rd, 2016 - 12:33 GMT

Distant dreams: Why you should start saving for retirement in your twenties

Savings should be accumulated over years, and set aside for a rainy day. (Shutterstock)
March 22nd, 2016 - 05:00 GMT

What does financial security mean to you?

If you survive for 15 more years after retirement, at least 33 per cent of your cost of living must be saved to ensure the same lifestyle in the future. (Shutterstock)
March 20th, 2016 - 07:06 GMT

Women and retirement: Investments need to work harder

analysts have warned that if the US Federal Reserve starts increasing interest rates, the precious metal could become more volatile. (File photo)
March 16th, 2016 - 10:12 GMT

Time to go for gold?

Although savings can be a goal of financial planning, being aware of your financials, income and spending, is a more critical goal. (File photo)
March 14th, 2016 - 10:48 GMT

Finding ways to scale back expenses

It's the responsibility of the employee or sponsor to ensure that their spouse, dependents and domestic workers are covered. (File photo)
March 13th, 2016 - 10:53 GMT

How to select the right health insurance for your needs

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