Author Archives: Al Salam Bank

Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) announced its financial results for 2025, delivering record performance supported by expanded scale and the disciplined execution of strategic initiatives. During the fourth quarter of 2025, net profit attributable to owners’ of the bank reached BD 18.6 million (USD 49.5 million),…

Enhanced “Financing Settlement Campaign” Runs Throughout 2026 Monthly Prizes for Full Finance Settlement Monthly Prizes Covering Three Installments More than 50 Exclusive Prizes for Social Housing Clients   to Settle Three Installments Extra Chances to Win Under the “Everyone is a Winner” Feature   In celebration of its 20th anniversary, Al Salam Bank has announced the…

Al Salam Bank marks its 20th anniversary, celebrating two decades of strategic evolution, institutional resilience, and sustained leadership within Bahrain’s banking sector. Since its establishment on 19 January 2006, the Bank has evolved from a new market entrant into Bahrain’s largest and fastest growing bank, driven by disciplined execution, a clear consolidation strategy, and a…

In Line with the Launch of the New Keeta App in Bahrain… Al Salam Bank has announced its strategic collaboration with Keeta, the newly launched food delivery platform, to mark its official entry into the Bahraini market this January. As part of this collaboration, Al Salam Bank becomes the first bank in the Kingdom to…

Supported by Al Salam Bank and in Partnership with Tumooh and Ole Academy Al Salam Bank announced that players enrolled in its Project Dream initiative, in partnership with Tumooh Sport Management and Ole Academy, have achieved a significant milestone by winning the JPL Premiership – Top Tier (GCC) for the 2014 age group. The tournament…

Al Salam Bank, Bahrain’s leading bank and one of the fastest growing banks in the region, has been named Bank of the Year: Bahrain 2025 by The Banker magazine, part of the Financial Times Group and one of the most prestigious global award programs in the financial sector. The accolade follows a rigorous five-month evaluation…

Al Salam Bank, Bahrain’s leading bank and one of the fastest growing banks in the region, has been named Bank of the Year Bahrain 2025 by The Banker magazine, part of the Financial Times Group and one of the most prestigious global award programs in the financial sector. The accolade follows a rigorous five-month evaluation of more than 1,000 applications from leading financial institutions worldwide, with The Banker selecting only one winner per country each year, a distinction that underscores the significance and competitiveness of this recognition.

Al Salam Bank has been awarded the Mobile Excellence Award at the OutSystems ONE Executive Day UAE 2025, in recognition of its advanced mobile banking capabilities and its effective use of modern digital platforms to deliver secure, reliable, and high-quality banking experiences for clients.The award recognizes the Bank’s successful implementation of the OutSystems platform across its mobile banking channels, reflecting its ability to design, deploy, and scale digital solutions efficiently while maintaining strong standards of security, governance, and operational resilience.
Al Salam Bank’s mobile banking application offers clients a comprehensive and intuitive digital experience, enabling them to manage their banking needs seamlessly anytime and anywhere. Key features include instant account access, fund transfers, bill payments, card management, financing applications, real-time transaction tracking, and enhanced security controls, all delivered through a streamlined and user-friendly interface.This recognition underscores Al Salam Bank’s broader digital strategy, which focuses on strengthening its mobile and digital banking capabilities through agile technology platforms, data-led decision-making, and continuous improvement. The Bank is also cultivating a Citizen Developer ecosystem, empowering business and technology teams to collaboratively design and enhance digital solutions using governed low-code platforms. This approach accelerates innovation, shortens time-to-market, and ensures that digital capabilities remain closely aligned with client and business needs. By adopting modern development approaches, intelligent automation, and a controlled Citizen Developer model, the Bank has enhanced its ability to introduce new features efficiently while maintaining robust security, compliance, and governance standards.Hosted by OutSystems, the ONE Executive Day UAE convened senior executives, technology leaders, and industry experts to explore emerging trends in digital transformation and the alignment between business objectives and technology execution. At the event, Mohammed AlShehabi, Head of Innovation at Al Salam Bank, represented the Bank in a panel discussion titled “The Role of AI and Low-Code in Accelerating Digital Transformation and Driving Innovation.”Commenting on the recognition, Mohammed AlShehabi, Head of Innovation at Al Salam Bank said “This award reflects the disciplined execution of our digital strategy and our focus on building practical, secure, and client-centric mobile banking solutions. Our mobile banking application continues to evolve to meet clients’ daily banking needs, combining ease of use with strong security and reliability. We remain committed to enhancing our digital channels in ways that deliver real value and support our clients’ changing expectations.”

December 2025 Al Salam Bank has announced a strategic collaboration with Ebrahim K. Kanoo, the exclusive distributor of Toyota in Bahrain, to introduce a comprehensive financing solution for Toyota’s Hybrid range. This partnership reinforces the commitment of both organizations to supporting sustainable mobility in line with Bahrain’s national vision for cleaner and more energy-efficient transportation.

Al Salam Bank has announced the signing of a strategic agreement with the Ministry of Housing and Urban Planning and Eskan Bank to participate in the recently launched Tumooh Program. This initiative was unveiled on the sidelines of Cityscape Bahrain 2025 and is designed to support citizens at the beginning of their homeownership journey.