Category Archives: Press Release

The coronavirus pandemic has a profound impact on every aspect of life. At Al Salam Bank, we are committed to assisting our clients and the wider community. These are challenging times, but they also present opportunities to learn as we go forward. With that in mind, we would like to share a number of important short-term and long-term personal financial guidelines to help in preparing for the future.

In line with the digitization strategy, Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, has announced the launch of its virtual branch. The virtual branch provides customers with safer, faster and more convenient banking services in light of the unprecedented circumstances caused by the COVID-19 pandemic.

​We are living in an increasingly digital and automated world, characterised by rapid technological advancements that have come to be collectively understood as the fourt

​Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, announced that its ASB Global REIT Fund achieved a record 25.75 percent total return for the year ended 31 December 2019. Launched in 2014 as one of the first Shari’a compliant REIT Funds and converted to a global mandate in 2017, the ASB Global REIT Fund has holdings in REITs listed on stock exchanges globally with exposures to various sub-sectors of real estate. The current portfolio is mainly comprised of US REITs, i

​WhatsApp banking available 24/7 for inquiries Features interactive messaging with transactions executed via regular digital banking channels Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, introduced WhatsApp banking services to empower customers to conduct

The world is facing a new and still largely unknown threat. To quote the Prime Minister of the UK, Boris Johnson, following his release this month from hospital where he was undergoing treatment for Coronavirus infection, we are in “a fight we never picked against an enemy we still don’t entirely understand”.

2,032-unit portfolio of multifamily communities located in North Carolina and Texas Investors’ internal rate of return exceeds forecast Portfolio sold for USD 182.5mn, exceeding original forecasts Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, today

USD 1 million contributed to the “Feena Khair” (“There is good in us”) campaign Additionally, various contributions made to the Supreme Council for Women’s “Together for the Safety of Bahrain” campaign, the Capital Governorate’s “Together We Care” campaign, and the Ministry of Interior’s

​Chance to win BD 500 when using Al Salam Bank cards Customers urged to shop online and use contactless card feature Offer valid from 19 April to 30 May Al Salam Bank, the pioneering Shari’a-compliant Bank in the Kingdom, launched a debit, credit and prepaid card promotion