Category Archives: Press Release

Al Salam Bank and Ebrahim K. Kanoo Introduce Comprehensive HEV Financing Solution for Toyota’s Hybrid Vehicle Range

December 2025 Al Salam Bank has announced a strategic collaboration with Ebrahim K. Kanoo, the exclusive distributor of Toyota in Bahrain, to introduce a comprehensive financing solution for Toyota’s Hybrid range. This partnership reinforces the commitment of both organizations to supporting sustainable mobility in line with Bahrain’s national vision for cleaner and more energy-efficient transportation.

After Signing a Strategic Partnership with the Ministry of Housing and Urban Planning and Eskan Bank to Launch the “Tumooh” Programme..Al Salam Bank Introduces Its Exclusive Offer via the Al Salam Life Planning Account

Al Salam Bank has announced the signing of a strategic agreement with the Ministry of Housing and Urban Planning and Eskan Bank to participate in the recently launched Tumooh Program. This initiative was unveiled on the sidelines of Cityscape Bahrain 2025 and is designed to support citizens at the beginning of their homeownership journey.

Al Salam Bank Launches "Al Salam Bank Business" App to Empower the SME Sector

Al Salam Bank has announced the launch of the “Al Salam Bank Business” app, aimed at providing an integrated digital banking experience for small and medium-sized enterprises (SMEs) in the Kingdom of Bahrain. This launch aligns with the Bank’s ongoing efforts to empower entrepreneurs and streamline their day-to-day banking operations by offering smart and simplified solutions.

ASB Pay Business Platform Collaborates with ONE App to Offer Flexible Purchase Solutions at Jewellery Arabia 2025

Al Salam Bank announced the collaboration of the ASB Pay Business platform, specialized in providing Shari’a-compliant digital point-of-sale solutions, with ONE App, the Bank’s comprehensive financial application, to offer a distinctive financing solution to visitors during Jewellery Arabia 2025, by enabling the conversion of any purchase made using a debit card into easy monthly installments for up to 3 months, without requiring the merchant to be enrolled in any installment program.

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.

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