Al Salam Bank Bahrain BSC

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Al Salam Bank-Bahrain appreciates Tamkeen work

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has extended its appreciation to Tamkeen on its continuous support and initiatives that helped in facilitating training... Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has extended its appreciation to Tamkeen on its continuous support and initiatives that helped in facilitating ... View more

Al Salam, BIBF partner for staff training programme

Al Salam Bank-Bahrain has partnered with the Bahrain Institute of Banking and Finance (BIBF) to conduct a specialized training programme entitled Retail Banking Academy for the employees of the bank. The programme will include six months of comprehensive courses delivered by international instructors covering topics related to various functions such as customer service salesmanship handling compla... View more

Al Salam Bank launches its online platform

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has launched an upgraded online banking platform for its individual customers. The new version uses best-in-class technology and will now allow customers to register for the service online enabling them to both execute their banking transactions as well as receive information regarding their financial and non-financ... View more

Al Salam Bank-Bahrain takes over BMI business

Al Salam Bank-Bahrain (ASBB) one of the pioneering Shari a-compliant banks in the kingdom has announced that it has successfully taken over the entire business of its subsidiary BMI Bank. Pursuant to the Resolution No. (22) published in the Central Bank of Bahrain (CBB) official gazette under issue number 3310 dated April 20 it has approved BMI Bank s request to transfer its entire banking busines... View more

Al Salam Bank inks exclusive deal with Gulf Air

Al Salam Bank-Bahrain a pioneering Shari a-compliant bank in the Kingdom said it has signed an agreement with national carrier Gulf Air offering its Visa debit and credit cardholders the opportunity to enjoy an exclusive 10 per cent discount when purchasing their tickets online. Speaking at the signing ceremony Anwar Murad the Deputy Group CEO of Banking at Al Salam Bank said: At Al Salam Bank we ... View more

Al Salam unveils special promotion for Bahrain project

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has joined hands with Burooj Property Development to offer an exclusive promotion for its luxurious apartments located at the lagoon in Amwaj Island. Under the scheme the buyers of the luxurious apartments in Burooj Residence will get a range of benefits that includes flexible financing tenor period competitive prof... View more

Al Salam inks escrow deal for Bahrain freehold property

Al Salam Bank-Bahrain a pioneering Shari a-compliant bank in the kingdom said it has signed an escrow account agreement with Al Ma awdah Group leading Bahraini construction materials and development company to officially launch sales of its Residence Sharq homes. Residence Sharq a multimillion dollar seafront project located within the 1.6 billion health island masterplan Dilmunia is being built b... View more

Al Salam launches special property finance scheme

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the Kingdom has launched a financing promotion that offers one of the lowest profit rates in the market for property and personal financing in addition to value added rewards that offers customers a chance to win cash prizes worth BD80 000 ( 210 704). The Property and Personal Financing promotion offers the customers its lowest... View more

Al Salam Bank-Bahrain launches new Visa card

Al Salam Bank-Bahrain one of the pioneering Sharia compliant banks in the kingdom has launched its new Visa Infinite Credit Card designed to meet the requirements of a select group of upscale clients. The new Shari a-compliant card provides unparalleled services and benefits for an easy access to a diverse selection of privileges specially created for the affluent traveller said a statement from A... View more

Al Salam Bank Supports BIBF’s e-learning plan

Al Salam Bank-Bahrain supports BIBF to launch Islamic finance e-Learning platform that will revolve around the Standards issued by the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). The platform will be a key reference for the Islamic Finance Industry and will be an easily accessible and widely affordable one-stop e-Learning solution that will raise awareness and... View more

Al Salam Bank announces winners of spring promotion

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has announced the 10 winners of its Special Credit Card Spring Promotion which was rolled out on May 1 and ended on June 30. The promotion offer credit card holders the opportunity to win valuable cash prizes when using their Visa Credit Card. Commenting on the announcement Mohammed Buhijji - acting head of Retail B... View more

Al Salam Bank supports the Therapeutic Services at the Ministry of Health Hospitals

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the Kingdom supported the Ministry of Health initiative to develop the quality of therapeutic services provided at the government hospitals by purchasing 8 portable life supporting respirator devices for patients of long clinical residency worth BD 28 800. The respirator devices have been chosen to meet the highest standard o f... View more

Al Salam Bank launches credit card promotion

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has launched a special promotion on its range of Visa credit cards offering customers the opportunity to win valuable cash prizes. The promotion runs from May 1 to June 30. With every BD 50 ( 132) spent customers will be entitled to a single entry to the draw with cash prizes worth up to 20 times their transaction v... View more

Al Salam launches new savings plan

Manama: Al Salam Bank Bahrain yesterday announced the launch of a new investment savings scheme called Danat Al Salam which will be available to customers of both Al Salam Bank and BMI Bank. A statement said the savings scheme was the result of a new retail product development strategy aimed at matching customers needs and rewarding them. Al Salam Bank Group head of retail banking Abdulkarim Turki... View more

Al Salam Bank starts talks to buy some assets of Ithmaar Holding

October 3, 2021

Al Salam Bank-Bahrain has signed a memorandum of understanding (MoU) and entered into discussions with Ithmaar Holding for the potential acquisition by Al Salam Bank of a group of assets from Ithmaar ... View more

Al Salam Bank unveils its new Brand DNA

September 11, 2021

Leading Bahrain bank Al Salam has unveiled its new values and guiding principles under a new Brand DNA thus embarking on a new era and a new visionary journey. The Bahraini Bank s new DNA comprises re... View more

Al Salam Bank launches its corporate banking online platform

August 10, 2021

Al Salam bank has launched its corporate banking online platform allowing corporate clients to process their daily financial transactions online through a fully digital interface. The platform is full... View more

Al Salam Bank - Bahrain's registers 50pc net profit in H1

August 6, 2021

Al Salam Bank Bahrain has reported a 50 per cent jump in its net profit attributable to shareholders for the first half which soared to BD10.7 million ( 28.3 million) from the previous year s figures ... View more

Al Salam Bank Bahrain launches new eGifting service

July 17, 2021

Al Salam Bank Bahrain a leading regional Islamic bank has announced the launch of its one of a kind Danat eGifting service that allows clients the ability to send cash e-gifts to family and friends ei... View more

Al Salam Bank signs finance deal for Era Projects properties

June 13, 2021

Bahrain-based Al Salam Bank said it has recently signed a MoU with Era Projects real estate company to provide special property financing facilities for villas in the Era Homes project located in Diya... View more

Diyar Al Muharraq signs finance deal with Bahrain's Al Salam Bank

June 6, 2021

Diyar Al Muharraq one of the largest real estate companies in Bahrain has announced signing a MoU with Al Salam Bank to provide exclusive financing offers to buyers interested in purchasing property i... View more

Al Salam Bank partners with the Ministry of Housing and Eskan Bank

May 17, 2021

Al Salam Bank has signed a Memorandum of Understanding with Eskan Bank and the Ministry of Housing under the Mazaya social housing scheme. It will offer its clients with competitive property financing... View more

Al Salam Bank launches new Corporate Deposit Card

May 14, 2021

Al Salam Bank a pioneering Shari a-compliant Bank in Bahrain has launched a new Corporate Deposit Card providing maximum security for micro small and medium enterprises and corporate clients by only p... View more

Al Salam Bank-Bahrain Q1 net profit surges 144%

May 11, 2021

Al Salam Bank-Bahrain has reported net profit attributable to shareholders of BD6.1 million ( 16.15million) in the first quarter of 2021 compared to BD2.5 million ( 6.7million) in the first quarter of... View more

Al Salam Bank opens its flagship branch in Hidd

March 31, 2021

Al Salam Bank recently announced the opening of its new flagship branch in Hidd Muharraq. The new branch will offer the Bank s full range of Shari a- compliant banking services to the area further str... View more

Al Salam Bank Bahrain wins JP Morgan quality award 2020

March 7, 2021

Al Salam Bank Bahrain (Al Salam Bank) said it has been awarded the JP Morgan 2020 STP Recognition Award in the Elite Quality Recognition category for the bank s demonstrated success in achieving opera... View more

Al Salam Bank-Bahrain reports $2.8m Q4 profit

February 10, 2021

Al Salam Bank-Bahrain reported a net profit attributable to shareholders of BD1.1 million ( 2.8 million) in the fourth quarter (Q4) of 2020 compared to BD3.9 million ( 10.3 million) in Q4 2019 a decli... View more

Al Salam Bank – Bahrain launches loyalty rewards scheme

February 7, 2021

Al Salam Bank - Bahrain (Al Salam Bank) recently announced the launch of its exclusive Loyalty Rewards Scheme the first of its kind in the kingdom which aims to reward all customer banking transaction... View more

Al Salam Bank launches new financing campaign

January 11, 2021

Al Salam Bank a pioneering Shari a-compliant Bank in Bahrain has announced the launch of its latest personal and property financing solutions as part of an entirely new campaign. The campaign which wi... View more

FlexxPay and Al Salam Bank sign agreement

December 13, 2020

FlexxPay a social impact technology company with offices in Europe and the GCC and Al Salam Bank one of the largest financial institutions in the Kingdom of Bahrain have signed a cooperation agreement... View more

FlexxPay, Bahrain Al Salam Bank sign co-operation deal

December 12, 2020

FlexxPay a social impact technology company with offices in Europe and the GCC and Bahrain-based Al Salam Bank have signed a co-operation agreement in bid to offer innovative employee benefit solution... View more

New Head of Marketing & Communications for Al Salam Bank

December 9, 2020

Bahrain-based Al Salam Bank recently announced the appointment of Mahmood Qannati as Head of the Bank s Marketing & Communications department. Rafik Nayed Group Chief Executive Officer (CEO) revealed:... View more

Al Salam Bank-Bahrain appoints new chairman

April 14, 2020

Bahrain-based Al Salam Bank has announced the appointment of Shaikh Khalid Bin Mustahail Al Mashani as the chairman of the Board of Directors. He succeeds Khaleefa Butti Bin Omair Bin Yousif Al Muhair... View more

Al Salam Bank-Bahrain opens new branch in Riffa

January 7, 2020

Al Salam Bank-Bahrain has officially opened its newest branch at Al Raya Mall in Riffa offering 24-hour eBanking services and a drive-through ATM. The opening ceremony was held in the presence of the ... View more

Al Salam Bank backs OMP's take over of Bell Helmets

December 23, 2019

Al Salam Bank-Bahrain has announced its support to OMP Racing one of the world s leading motorsport safety equipment company in its acquisition of Bell Racing Helmets International the world s top man... View more

Al Salam Bank offers cash back chance on cards

June 23, 2019

Al Salam Bank-Bahrain a pioneering Shari a-compliant bank in the kingdom has announced the launch of a new summer offer on its range of Visa credit and prepaid cards. Running from June 18 to August 31... View more

Al Salam Bank, AFS launch first digital payroll solution

April 18, 2019

Al Salam Bank-Bahrain (ASBB) the pioneering shari a-compliant bank in the kingdom has joined hands with Arab Financial Services the region s leading FinTech enabler and payment services provider for t... View more

Al Salam Bank-Seychelles launches services

February 12, 2019

Al Salam Bank-Seychelles (ASBS) a joint venture between Al Salam Bank-Bahrain (ASBB) and the Seychelles Pension Fund (SPF) has officially launched its full commercial banking services. The inauguratio... View more

Al Salam Bank upgrades mobile solution

September 17, 2018

Al Salam Bank-Bahrain (ASBB) a leading Shari a-compliant bank in Bahrain has launched its new and upgraded mobile banking solution with India-based Clayfin s Mobile Banking Solution to offer a superio... View more

Al Salam Bank offers financing for Kingdom Projects’ villas

July 17, 2018

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has signed a memorandum of understanding (MoU) with Kingdom Projects to facilitate financing solutions for customers ... View more

Al Salam Bank-Bahrain names Group CEO

April 24, 2018

Al Salam Bank-Bahrain (ASBB) one of the pioneering Shari a-compliant banks in the Kingdom has appointed Rafik Nayed as Group chief executive officer (CEO) of the bank following regulatory approvals. C... View more

Al Salam Bank-Bahrain elects new board members

April 10, 2018

Al Salam Bank-Bahrain (ASBB) one of the pioneering shari a-compliant banks in the kingdom has announced it s newly elected board of directors under the chairmanship of Khaleefa Butti Bin Omair Almuhai... View more

Lanterns Lounge inks key deal with AFS, Al Salam Bank

February 28, 2018

AFS the region s leading FinTech enabler and payment services provider and Al Salam Bank-Bahrain have signed an MOU with Lanterns Lounge and Restaurant group to roll out a Digital Payroll Program bene... View more

Al Salam Bank opens new branch in Bahrain

December 9, 2017

Al Salam Bank-Bahrain a pioneering shari a-compliant bank in the kingdom has announced the launch of its full-service branch in Salmabad to cater to its fast growing business and residential clientele... View more

Al Salam Bank hosts Cibafi members meeting

December 6, 2017

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant Banks in Bahrain recently hosted the periodic members consultative group meeting of the General Council for Islamic Banks and Financial In... View more

Al Salam Bank-Bahrain appreciates Tamkeen work

August 31, 2017

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has extended its appreciation to Tamkeen on its continuous support and initiatives that helped in facilitating traini... View more

Al Salam Bank launches its online platform

July 16, 2017

Al Salam Bank-Bahrain one of the pioneering Shari a-compliant banks in the kingdom has launched an upgraded online banking platform for its individual customers. The new version uses best-in-class tec... View more

Al Salam Bank-Bahrain takes over BMI business

May 8, 2017

Al Salam Bank-Bahrain (ASBB) one of the pioneering Shari a-compliant banks in the kingdom has announced that it has successfully taken over the entire business of its subsidiary BMI Bank. Pursuant to ... View more

Al Salam Bank inks exclusive deal with Gulf Air

March 11, 2017

Al Salam Bank-Bahrain a pioneering Shari a-compliant bank in the Kingdom said it has signed an agreement with national carrier Gulf Air offering its Visa debit and credit cardholders the opportunity t... View more

Al Salam Bank-Bahrain launches new Visa card

December 13, 2016

Al Salam Bank-Bahrain one of the pioneering Sharia compliant banks in the kingdom has launched its new Visa Infinite Credit Card designed to meet the requirements of a select group of upscale clients.... View more

Al Salam Bank backs BIBF’s e-learning plan

November 29, 2016

The Bahrain Institute of Banking and Finance (BIBF) has received financial backing from Al Salam Bank for the development of an Islamic finance e-Learning platform reported the Gulf Daily News our sis... View more

Earn Gulf Air Falconflyer miles with Al Salam Bank visa credit cards

November 22, 2016

Al Salam Bank-Bahrain has entered into a partnership with Bahrain national carrier Gulf Air allowing the bank s visa credit cardholders to earn miles on their everyday purchases that can directly be r... View more

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