Category Archives: Press Release

​As part of its commitment to fostering financial awareness and supporting youth, Al Salam Bank recently hosted a delegation of students from the American University of Bahrain (AUBH) to explore practical experiences in converting conventional banking products into Shari’a-compliant solutions.

​Al Salam Bank has announced the launch of its exclusive cards discount program in partnership with Live Life, offering discounts at more than 100 local merchants across various sectors. These include restaurants; coffee shops; children’s entertainment outlets; health and fitness centers; hotel and resort bookings; and many more. This initiative is part of the Bank’s efforts to enhance the use of its credit, prepaid, and youth debit cards.

​Al
Salam Bank has announced the launch of its new December Cards Campaign, aimed
at encouraging the use of cards and promoting spending locally and
internationally throughout the month. Running until 31 December 2024, the
campaign offers clients the opportunity to enter draws for cash prizes up to BD
3,000.

​Al Salam Bank proudly announces its strategic partnership with Informa Markets, the world’s leading exhibition organizer, securing its position as the official and exclusive banking and financial sponsor for Jewelry Arabia 2024.

​Al Salam Bank, a leader in innovative financial solutions, has launched an exclusive offer for the Jewellery Arabia 2024 exhibition, providing its clients with an exceptional opportunity to win back their purchases up to BD 5,000 throughout the event. Additionally, clients will have the chance to win daily guaranteed cash prizes at the bank’s booth during the exhibition.

​Al Salam Bank has launched its Workspaces portal, a platform designed to meet the needs of Single Person Companies (SPC), family offices, and Micro, Small and Medium-sized Enterprises (MSMEs), through full range of secure and flexible financial services. The game-changing portal aims to enhance operational efficiency and facilitate financial management for small and medium enterprises.

Al Salam Bank (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) announced today net profits attributable to shareholders of BD 14.0 million (USD 37.2 million) for the third quarter of 2024 (“Q3 2024”) compared to BD 10.4 million (USD 27.7 million) in the same quarter in 2023, reflecting a significant increase of 34.3%. The increase in profitability was predominantly driven by the strong performance of the Group’s core banking operations, subsidiaries and associates.