Author Archives: Al Salam Bank

​Al Salam Bank recently launched a promotional retail campaign for its innovative service Saving Goals, providing clients with a curated and seamless user experience. Facilitated by the Bank’s mobile app, the service is a fully customizable

​Solidarity Group Holding (“Solidarity” or the “Group”), one of the largest Takaful groups in the world, announced that H.E. Shaikh Khalid Mustahil Al Mashani has been elected as Chairman of the Board effective 10 October 2022. H.E. Shaikh Khalid is also the Chairman of the Board of Directors of Al Salam Bank (the “Bank”) and Bank Muscat (Oman).

Al Salam Bank recently announced the launch of its latest retail campaign, Salary Transfer, encouraging clients to transfer their accounts from the current bank in which their salary is deposited to a Savings Account at Al Salam Bank using the Bank’s mobile application for the chance to win an extra month’s salary of up to BD 1,500, as well as benefit from a number of exclusive benefits.

​Al Salam Bank, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.

​Al Salam Bank has signed a joint agreement with Eskan Bank to offer facilitated financing solutions to end users as part of the new housing schemes offered by the Ministry of Housing and Urban Planning. This latest initiative aims to support the National development strategy and the United Nations Sustainable Development Goals (SDGs) as part of the Economic Vision 2030.

​Al Salam Bank announced the launch of its exclusive scheme catering to the youth aged between 10 to below 18 years old, enabling them to open a Savings or Danat Savings account and benefit from the various digital services provided through the Bank’s mobile application including the Fils Challenge,

​Al Salam Bank has launched its latest promotional campaign for its Visa credit and prepaid card holders, which will commence on the 14th of August to 21st of September, 2022.

​Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profit attributable to the shareholders of BD 7 million (US$ 18.6 million) for the second quarter of 2022, compared to BD 4.6 million (US$ 12.1 million) for the same period in 2021, reflecting a robust increase of 53%, primarily driven by an increase in core activities.