Author Archives: Al Salam Bank

Al Salam Bank Launches the Wages Payment Service for Corporates and Institutions across the Kingdom of Bahrain

Al Salam Bank has announced the wages payment service for corporates and institutions of all sizes, including small, medium, and large enterprises. This step aligns with the enhanced Wages Protection System (WPS), introduced by the Labour Market Regulatory Authority (LMRA) in collaboration with the Central Bank of Bahrain and other relevant entities.

Customs Affairs and Al Salam Bank Announce the First Comprehensive Digital Integration between “Ma’arid” and ASB Pay Business

​Customs Affairs and Al Salam Bank have partnered to enhance digital banking in Bahrain by integrating the “Ma’arid” Customs Information Management System with the “ASB Pay Business” platform. Officially launching at Jewellery Arabia 2025, this initiative streamlines commercial transactions for exhibition vendors, reinforcing both organizations’ commitment to digital innovation and efficient business services.

Al Salam Bank Announces Appointment of ASB Capital as Joint Lead Manager for Alinma Bank’s USD 500 Million Sukuk Issuance

​On November 16, 2025, Al Salam Bank announced the appointment of ASB Capital as Joint Lead Manager for Alinma Bank’s USD 500 million Tier 2 Sukuk issuance. ASB Capital, the asset management and investment banking division of Al Salam Bank Group, oversees assets totaling USD 6 billion. This appointment, alongside notable participation from firms like Alinma Capital and J.P. Morgan, highlights ASB Capital’s growing leadership in providing innovative Sukuk solutions and expanding its impact within regional capital markets, particularly amid increased debt issuance activity by Saudi banks.

Al Salam Bank Grants 50 Clients the Chance to Have Three Months’ Worth of Financing Installments Covered as Part of the November Rewards Campaign

Al Salam Bank has announced its financing campaign’s November prizes, rewarding clients for their continued loyalty and engagement. For this month’s draw, 50 eligible clients will have the chance to win three months’ worth of financing installments covered by the Bank (subject to a cap in accordance with the terms and conditions).

Al Salam Bank Launches “ASB Pay Business” – A Shari’a-Compliant Digital POS Platform to Empower Enterprises and Entrepreneurs

Al Salam Bank has announced the launch of “ASB Pay Business,” a Shari’a-compliant digital POS platform in the Kingdom of Bahrain, developed to meet the specific needs of all businesses from large corporates to micro, small, and medium enterprises (MSMEs), as well as freelancers. This launch aligns with the Bank’s continuous efforts to lead the digital transformation of the financial sector.

Edamah and Al Salam Bank Announce Strategic Partnership to Offer Property Financing for “Tivoli Residences” at Bilaj Al Jazayer

Al Salam Bank has announced a new strategic partnership with Edamah the real estate arm of Bahrain Mumtalakat Holding Company (Mumtalakat), to offer Shari’a-compliant property financing solutions for units in “Tivoli Residences” at Bilaj Al Jazayer, one of the Kingdom’s premier waterfront developments.

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