As part of its ongoing efforts to enhance communication and integration among professionals in the Islamic banking sector, Al Salam Bank recently organized the third forum for Sharia departments’ employees at Islamic banks, with the participation of a select group of experts and specialists.
Category Archives: Press Release
Press Release
Extraordinary Achievement: Al Salam Bank Becomes the First in Bahrain to Receive 5 Visa Awards in One Year
16
Jun
Jun
Al Salam Bank has achieved a remarkable milestone, receiving five awards from Visa, a Global Leader in Digital Payments. This recognitions highlight the Bank’s outstanding performance across key metrics in 2024 and reinforces its ongoing commitment to delivering Innovative and Client-Centric Banking Solutions.
Al Salam Bank has announced the launch of a new and comprehensive auto financing offer for BYD vehicles powered by renewable energy, as part of a strategic partnership with BYD, a global leader in New Energy Vehicle (NEV) manufacturing
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.
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.