Al Salam Bank has announced its participation in Youth City 2030 with a training session catering to young participants between the ages of 9 to 14. This initiative underscores the Bank’s commitment to empowering youth and enhancing their financial literacy, as well as its resilient strides to becoming the preferred bank to meet their banking needs.
Category Archives: Press Release
Press Release
With exclusive real estate financing solutions on Ras Hayan Village and Wahati… Al Salam Bank Signs MOU with Bareeq Al Retaj
05
Aug
Aug
Al Salam Bank has signed a partnership agreement with Bareeq Al Retaj, one of the leading real estate developers in the Kingdom of Bahrain, to deliver real estate financing solutions to clients interested in purchasing a housing unit in Ras Hayan Village or Wahati projects.
In collaboration with Solidarity Bahrain, Al Salam Bank has recently launched a new and exclusive multi-year motor Takaful insurance product for the first time in the Kingdom of Bahrain as part of Al Salam Takaful. The new offering falls under the Bank’s ongoing partnership with Solidarity Bahrain, showcasing
Al Salam Bank has launched a campaign for clients looking to apply for a new digital personal finance through the mobile application. From 1 July to 31 August 2024, applicants will receive cash back worth BD 100 once their application is approved and implemented.
Al Salam Bank has launched the biggest summer card campaign for its Visa Credit and Multi-Currency Prepaid cardholders, giving 80 clients the chance to win cashback on all types of purchases from 1 July to 31 August 2024. The campaign follows the Bank’s latest exclusive offer aimed at rewarding clients for their transactions.
Following the completion of the acquisition of Kuwait Finance House – Bahrain (KFH – Bahrain), Al Salam Bank, announced the amalgamation of the Danat and Libshara schemes to form a combined savings scheme to provide the largest and biggest prizes in Bahrain, effective from 1 July 2024. This step aims to reinforce the Bank’s industry position by offering the largest and highest number of prizes in the Kingdom.
Press Release
In Collaboration with the Ministry of Housing and Urban Planning and Eskan Bank Al Salam Bank Unveils Exclusive Financing Offer for Tas’heel and Enhanced Mazaya Schemes Beneficiaries Facilitating Homeownership in Deerat Al Oyoun, and Danat Al Lawzi Projects
23
Jun
Jun
Al Salam Bank, a leading financial institution in the Kingdom, is pleased to announce the launch of its exclusive financing offer tailored for beneficiaries of the Tas’heel and Enhanced Mazaya schemes aspiring to own property in the Deerat Al Oyoun in Diyar Al Muharraq, or the Danat Al Lawzi project in Hamad Town. This exclusive offer initiative, introduced in collaboration with the Ministry of Housing and Urban Planning and Eskan Bank, commences on 23 June 2024.
12
Jun
Jun
Al Salam Bank recently welcomed a delegation of students from Ibn Khuldoon National School with the aim of introducing them to the Bank’s daily operations and the industry’s overall workflow.
10
Jun
Jun
Al Salam Bank has been recognized as the MENA Retail Bank of the Year at the prestigious MENA Banking Excellence Awards 2024 for the second consecutive year. This marks the second consecutive year that the Bank has secured this coveted honor, further cementing its position as a regional leader in innovative and client-centric retail banking.
20
May
May
Al Salam Bank hosted the second Shari’a Departments Forum on Sunday, 12th May 2024 under the supervision of the Shari’a Audit Department and with the support of the Bank’s Executive Management. Taking place at the Bank’s headquarters, the distinguished event focused on bridging the gap between theoretical and practical applications of Islamic Jurisprudence of financial transactions. It aimed to enhance the qualifications of Islamic banking professionals and strengthen their communication with Shari’a Supervisory Boards.