Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) announced the successful close of its USD 450 million Additional Tier 1 (AT1) Capital issuance, reflecting strong investor confidence in the Bank’s financial strength and long-term growth strategy.
Author Archives: Al Salam Bank
29
May
May
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”), the largest Islamic bank in Bahrain, announced the sale of its 15.6% shareholding in Seef Properties (Bahrain Bourse trading code “SEEF”) to GFH (Bahrain Bourse trading code GFH). ASB Capital, the Group’s asset management arm, was appointed by Al Salam Bank as sell-side advisor.
28
May
May
Al Salam Bank has announced the launch of “Tanweer,” a professional orientation and training initiative designed specifically for high school students in the Kingdom of Bahrain. The program aims to introduce students to various career paths in the Islamic banking sector and broaden their understanding of Sharia-compliant banking concepts and practices.
Press Release
Al Salam Bank Strengthens Digital Infrastructure with Tier III Data Centre Migration at Batelco by Beyon
27
May
May
Al Salam Bank has finalized an agreement to migrate its core Data Centre Operations, to Batelco by Beyon’s Tier III certified facilities, marking a major milestone in the Bank’s digital evolution. This strategic initiative reinforces the Bank’s long-term commitment to resilient infrastructure, uninterrupted service delivery, and scalable digital banking capabilities. Batelco’s Uptime Institute Certified Data…
Al Salam Bank proudly announces the graduation of Basma Mustafa from the Treasury and Financial Institutions Department, who successfully completed the National Executive Leadership Program for Bahraini Women — a national initiative led by Tamkeen in partnership with HEC Paris.
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) today announced its financial results for the first quarter ended 31 March 2025.
Al Salam Bank has announced the launch of an innovative new digital service enabling clients to apply for credit cards based on their monthly salary directly through the Bank’s mobile application, without the need to visit a branch or submit any physical documents. This initiative comes as part of the Bank’s ongoing commitment to offering flexible and efficient banking solutions that enhance client experience and respond to the growing demand for digital services.
Al Salam Bank has launched its pre-summer promotional campaign aimed at boosting the use of its credit and prepaid cards during the period from 4 May to 30 June 2025. This initiative comes in line with the Bank’s strategy to reward its clients during a season that typically witnesses increased spending on travel arrangements and summer holidays.
As part of its ongoing efforts to enhance the banking experience of the clients, Al Salam Bank has announced the launch of the enhanced version of its Loyalty Points Program. The new version focuses on rewarding credit card and Multi-Currency Prepaid cardholders, in addition to rewarding a wide range of other types of banking transactions
Press Release
In Line with the Launch by the Ministry of Housing and Urban Planning and Eskan Bank… Al Salam Bank Announces Special Offer on "Tasheel+" and Launches a New "Reducing Installment Additional Financing" Product
27
Apr
Apr
Al Salam Bank, in collaboration with the Ministry of Housing and Urban Planning ,and Eskan Bank, has announced the launch of the “Tasheel+” product, a comprehensive financing solution combining the key features of both the “Mazaya” and “Tasheel” schemes. The product offers financing of up to BD 91,000/- with flexible contribution options, in a step aimed at delivering more comprehensive financial solutions to citizens under social housing initiatives.