Author Archives: Al Salam Bank

​​Al Salam Bank recently announced the opening of its new flagship branch in Hidd, Muharraq. The new branch will offer the Bank’s full range of Shari’a-compliant banking services to the area, further strengthening the Bank’s nation-wide network of 10 branches and 30 ATMs. In line with the Bank’s ongoing digitization strategy, the new flagship branch features a dedicated Al Ruwad Business Center, and provides 24/7 banking services via its self-service online banking kiosk, instant bulk cash deposit machine (CDM) and Automated Teller Machines (ATM).

Al Salam announces the handover of the first villa to a customer in the second phase of the Deerat Al Oyoun project, located in Diyar Al Muharraq, following the recent announcement of the special financing offer under the Mazaya Scheme. This comes as part of the bank’s ongoing collaboration with the Ministry of Housing, and Eskan Bank to provide housing solutions that meet the needs of Bahraini citizens.​

Mr. Mohamed Isa wins Al Salam Bank Danat Savings Grand Prize of luxury villa in Saar, a Mercedes A200, and a monthly salary of BHD 5,000 for a year. The revamped Danat Savings Scheme for 2021 kicks off in April.

​Al Salam Bank recently launched a virtual kiosk at Diyar Al Muharraq to serve Mazaya customers looking to own their dream home in the Deerat Al Oyoun housing project, coinciding with the launch of Phase 2 of the Project and the Bank’s exclusive financing offer. This comes in line with Al Salam Bank’s ongoing commitment to limit in-person interactions to curb the spread of Covid -19 in the Kingdom as part of the Government directives, and as part of the Bank’s strategy to offer innovative digital banking solutions to its customers.

Al Salam Bank (Al Salam Bank) has received the J.P. Morgan 2020 STP Recognition Award in the ‘Elite Quality Recognition’ category, as a result of the Bank’s demonstrated success in achieving operational efficiency, exceptional performance in funds transfers, and best-in-class Straight Through Processing (STP) rates. According to J.P. Morgan, which have stringent STP performance

Al Salam Bank recently launched its latest campaign, the Al Salam Initiative, in support of the Kingdom’s national efforts to mitigate the spread of the ongoing global COVID-19 pandemic by promoting vaccination. As part of the campaign, all customers who have been vaccinated against COVID-19 have the

Al Salam Bank (Al Salam Bank) (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) reported net profit attributable to shareholders of BD 1.1 million (US$ 2.8 million) in the fourth quarter of 2020 compared to BD 3.9 million (US$ 10.3 million) in the fourth quarter of 2019, reflecting a decline of 72%. Correspondingly, earnings per share stood

​Al Salam Bank- Bahrain recently sponsored a line-up of events on the occasion of “Bahrain Sports Day” 2021, in joint collaboration with the University of Bahrain (UoB). The National Sports Day activities, which included active participation with over 150 employees across both entities, were held from the 3rd to the 5th of February virtually on Microsoft Teams

​As part of its commitment towards delivering an excellent level of service to its customers, Al Salam Bank – Bahrain (Al Salam Bank), a leading regional Islamic bank and provider of a comprehensive range of innovative and unique Shari’a-compliant financial products and services, recently announced the launch of its exclusive Loyalty Rewards Scheme, the first of its kind in the Kingdom, which aims to reward all customer banking transactions.

​​Al Salam Bank (Al Salam Bank), a leading regional Islamic bank and provider of a comprehensive range of innovative and unique Shari’a-compliant financial products and services, recently held its annual Town Hall event virtually in order to share the Bank’s key milestones and success stories with its employees, as well as to provide more insight into the Bank’s strategic initiatives and direction for 2021 and beyond. Inspired by the events that transpired in 2020 in the wake of the ongoing COVID-19 pandemic, the theme of the Al Salam Bank Town Hall was ‘Self-Reflection Mindfulness’ where employees were encouraged to bring their shared experiences to the present.