Al Salam Bank B.S.C

Al Salam Bank B.S.C

Pressreleases, Reports and Disclosures for Al Salam Bank B.S.C

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank is celebrating its 20th anniversary by launching a campaign aimed at individuals born in 2006 who are turning 20 this year. This initiative is part of the bank's effort to build strong relationships with young clients by offering interactive campaigns that align with their financial independence and digital empowerment goals. The campaign includes a digital game through which eligible clients can win prizes such as cash, laptops, Apple Watches, and iPhone 17 Pros, along with discount vouchers. The campaign aims to promote savings and financial independence among youth, encourage the use of digital banking channels, and establish long-term relationships by offering tailored financial solutions. Mr. Mohammed Buhijji, Chief Retail Banking Officer at Al Salam Bank, emphasized the importance of this initiative in helping young clients start their financial journey and reinforcing the bank's role as a trusted partner. The campaign will run throughout 2026, with participation available via the bank's mobile app. More information can be found on the bank's website or by contacting them through various channels.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Results of BOD Meeting
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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has launched the "New Financing Settlement Campaign" to celebrate its 20th anniversary. Throughout 2026, eligible clients can participate in monthly draws to win prizes, including full settlements of their existing financing, subject to terms and conditions. The campaign also offers additional prizes, such as the settlement of three-monthly installments for several winners, and includes a special category for clients under Social Housing financing programs. The initiative aims to enhance client experience and support long-term relationships by providing opportunities that align with clients' financial needs. Eligibility for the draws requires clients to have an active financing product with the bank and meet certain criteria, such as holding an Al Salam Bank credit card and maintaining a minimum balance in a Danat or Danat Plus account. The campaign emphasizes the bank's commitment to offering rewarding financing solutions and encouraging clients to utilize these opportunities to achieve their financial goals. More information is available on the bank's website, via WhatsApp, or through the Skiplino app.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank is celebrating its 20th anniversary, marking two decades of growth and leadership in Bahrain's banking sector. Since its founding in 2006, the bank has evolved into Bahrain's largest and fastest-growing bank, driven by strategic planning and a focus on client trust and shareholder alignment. The bank's journey began with a record-breaking IPO in 2006, and it has maintained profitability and liquidity through various economic cycles, including the 2008 financial crisis. Al Salam Bank has executed several major acquisitions, enhancing its position in the sector. In 2018, the bank embarked on a transformation strategy centered on market consolidation, digital scalability, and asset diversification, leading to significant growth in assets, market capitalization, and profitability. The bank has also focused on digital transformation and organizational culture, tripling its workforce and redesigning client experiences. Group CEO Rafik Nayed emphasized the bank's commitment to sustainable growth and innovation while maintaining its core values.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

ONE App, powered by Al Salam Bank, has partnered with Solidarity Bahrain, a major insurance company in Bahrain, to introduce a Buy Now Pay Later (BNPL) service for car insurance. This new feature allows clients to pay for insurance in monthly installments without additional documentation. The service provides instant approval and direct payment to Solidarity, enhancing the insurance experience and offering financial flexibility. The partnership reflects both companies' commitment to providing innovative and accessible financial solutions, aligning with the digital transformation in the insurance sector in Bahrain.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has partnered with the newly launched food delivery platform Keeta to offer a special promotion for its Visa Credit and Prepaid cardholders in Bahrain. The promotion provides up to a 99% discount (capped at BD 3) on orders made through the Keeta app for the first 6,000 clients who use their Al Salam Bank card. The offer is available twice per client during the campaign period from January 11 to February 11, 2026. This collaboration aims to enhance customer experiences by integrating modern digital payment solutions and promoting card usage. Keeta, in turn, focuses on providing a reliable and rewarding user experience, offering benefits such as free delivery with subscriptions and an On-Time Delivery Promise.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank, in collaboration with Tumooh Sport Management and Ole Academy, announced that players from its Project Dream initiative have won the JPL Premiership for the 2014 age group in the GCC. The tournament featured over 22 top youth academies, highlighting the achievement's regional significance. The Project Dream team, representing Ole Academy, remained unbeaten through the group stages and won the final against Manchester City Academy UAE. Abbas Ali Khairallah, a Project Dream player, was named Best Player in his category. Project Dream is Al Salam Bank's youth development initiative, focusing on structured and sustainable talent development. The program emphasizes physical and technical training, individualized monitoring, and long-term growth, providing a professional environment for young players. Mahmood Qannati of Al Salam Bank highlighted the importance of investing in youth development and strong partnerships, aiming to empower national talents for future international representation. Mohammed A.Latif bin Jalal of Tumooh Sports Management praised the initiative's alignment with the vision of His Highness Shaikh Nasser bin Hamad Al Khalifa to develop Bahraini sports talents. Khaled Al Awadhi of Ole Bahrain Academy noted the players' commitment and the success of the structured development environment. Project Dream continues to contribute to a sustainable player development ecosystem, supporting talent from an early age and aligning with Al Salam Bank's commitment to community development and responsible corporate engagement.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has been named "Bank of the Year: Bahrain 2025" by The Banker magazine, a prestigious financial sector award. This recognition follows a thorough evaluation of over 1,000 financial institutions worldwide, highlighting the bank's significant achievements and competitiveness. In 2025, Al Salam Bank reported a 37.5% increase in net profit and nearly tripled its total assets over four years, reaching USD 21.51 billion. The bank's success is attributed to disciplined execution, growth in core operations, and a diversified business model. Group CEO Rafik Nayed emphasized the bank's commitment to sustainable growth and innovation. Al Salam Bank also received multiple awards for its performance in Islamic banking and customer-centric services, and Nayed was recognized among the top CEOs in the Middle East.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has received the Mobile Excellence Award at the OutSystems ONE Executive Day UAE 2025 for its advanced mobile banking capabilities. This award highlights the bank's effective use of the OutSystems platform to enhance its mobile banking services, ensuring secure, reliable, and high-quality experiences for clients. The bank's mobile application offers features like instant account access, fund transfers, and real-time transaction tracking through a user-friendly interface. This achievement is part of Al Salam Bank's broader digital strategy, which emphasizes agile technology, data-driven decision-making, and continuous improvement. The bank is also fostering a Citizen Developer ecosystem to accelerate innovation and align digital capabilities with client needs. At the event, Mohammed AlShehabi, Head of Innovation, participated in a panel discussion on AI and low-code technologies in digital transformation.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: BOD meeting

Al Salam Bank B.S.C. has announced that its Board of Directors will hold a meeting on Monday, February 9, 2026, at 10:00 am to discuss and approve the financial results for the period ending December 31, 2025. The announcement is addressed to the Bahrain Bourse and the Dubai Financial Market. The Chief Compliance Officer, Ali Yusuf Al Khaja, has signed the announcement.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Press release

Al Salam Bank has partnered with Ebrahim K. Kanoo, the exclusive distributor of Toyota in Bahrain, to offer a financing solution for Toyota's Hybrid vehicles. This initiative aligns with Bahrain's vision for sustainable and energy-efficient transportation. The financing package covers the full vehicle value, extended service, and optional multi-year Motor takaful insurance, all consolidated into a single monthly installment. This offer, available until January 31, 2026, includes competitive profit rates and aims to simplify hybrid vehicle ownership by covering primary running costs. The collaboration seeks to encourage hybrid vehicle adoption in Bahrain with flexible terms and a streamlined application process. The partnership highlights the commitment of both organizations to sustainable mobility and provides clients with financial clarity and convenience. Interested clients can contact Al Salam Bank through various channels for more information.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: EGM minutes
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