Al Salam Bank (Al Salam Bank) has signed an agreement with the Bahrain Bourse and Central Bank of Bahrain (CBB) to offer an innovative new Shari’a-compliant brokerage service, which allows for the use of Bahrain-issued Ijara Sukuk as the underlying asset in Murabaha financing frameworks. The innovative new structure meets a growing
Category Archives: Uncategorized
09
Jul
Jul
Long running internship programme aimed at shaping Bahrain’s future banking leaders will be conducted virtually for the first time in light of COVID-19 An intensive career planning and development session, in partnership with the Bahrain Institute of Banking and Finance (BIBF), is the
24
Jun
Jun
Highest reduction in non-performing
financing by any listed bank in GCC
Ranked sixth for capital adequacy
Al Salam Bank (Al Salam Bank) has achieved the highest reduction in
non-performing financing (NPF) amongst fifty five GCC listed banks in
2019, according to a report by KPMG. […]
15
Jun
Jun
Al Salam Bank heads Global Finance magazine’s country rankings for two years running Al Salam Bank (Al Salam Bank) has been named the best Islamic Bank in Bahrain for the second year in a row by prestigious US-based finance magazine Global Finance. In awarding the title, the
Uncategorized
With the aim of fostering the growth of Islamic Finance in Bahrain Al Salam Bank sponsors the BIBF Islamic Finance Handbook
11
Jun
Jun
Al Salam Bank announced the sponsorship of the Islamic Finance Handbook for practitioners, produced locally by the Bahrain Institute of Banking and Finance (BIBF), to further bolster Islamic Finance training, reinforcing the Kingdom’s position as a hub of the Islamic Finance Industry in the
08
Jun
Jun
The coronavirus pandemic has a profound impact on every aspect of life. At Al Salam Bank, we are committed to assisting our clients and the wider community. These are challenging times, but they also present opportunities to learn as we go forward. With that in mind, we would like to share a number of important short-term and long-term personal financial guidelines to help in preparing for the future.
01
Jun
Jun
In line with the digitization strategy, Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, has announced the launch of its virtual branch. The virtual branch provides customers with safer, faster and more convenient banking services in light of the unprecedented circumstances caused by the COVID-19 pandemic.
18
May
May
We are living in an increasingly digital and automated world, characterised by rapid technological advancements that have come to be collectively understood as the fourt
14
May
May
Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, announced that its ASB Global REIT Fund achieved a record 25.75 percent total return for the year ended 31 December 2019. Launched in 2014 as one of the first Shari’a compliant REIT Funds and converted to a global mandate in 2017, the ASB Global REIT Fund has holdings in REITs listed on stock exchanges globally with exposures to various sub-sectors of real estate. The current portfolio is mainly comprised of US REITs, i
12
May
May
WhatsApp banking available 24/7 for inquiries Features interactive messaging with transactions executed via regular digital banking channels Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, introduced WhatsApp banking services to empower customers to conduct