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

Al Salam Bank has entered a strategic partnership with the Ministry of Housing and Urban Planning and Eskan Bank to join the Tumooh Program, which was launched at Cityscape Bahrain 2025. The program aims to assist citizens in purchasing their first homes and securing additional financing as their housing needs change. Al Salam Bank is offering exclusive benefits for clients who use the Tas’heel programs to buy apartments under Tumooh, through the Al Salam Life Planning Account. This account allows clients to save with competitive profit rates and includes free Takaful insurance, helping them achieve homeownership with financial stability. The initiative is part of a national effort to enhance residential stability for Bahraini families. Key figures, including the Minister of Housing and Urban Planning, Eskan Bank's General Manager, and Al Salam Bank's Deputy Group CEO, expressed their support and highlighted the program's role in improving Bahrain's housing finance system and fostering public-private collaboration.

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

Al Salam Bank in Bahrain has announced that it will double the number of winners in its December prize draw to 100, up from 50 in November. This initiative is part of the bank's ongoing financing rewards campaign, which aims to recognize client commitment and enhance engagement with the bank's services. Winners will have their financing installments paid for three months, subject to the campaign's terms and conditions. The campaign targets clients with personal, auto, or property financing, including those in social housing programs, who meet certain eligibility criteria. This effort is part of a series of monthly prizes offered by the bank to provide meaningful rewards and ease financial burdens for clients. The campaign began with four winners in its first month and expanded to 50 in the second month. The bank's Chief Retail Banking Officer, Mr. Mohammed Buhijji, emphasized the bank's commitment to supporting clients and addressing their financial needs through tangible rewards.

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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: 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 held an Extraordinary General Meeting where shareholders approved key governance and strategic resolutions. These included amendments to the Bank's Articles of Association to allow expansion into new activities, such as e-marketplaces and e-commerce platforms, subject to regulatory approval. Shareholders also approved new criteria for Board membership, requiring nominees to have a relevant degree and significant experience in financial services. Additionally, shareholders authorized the Bank to begin market making and liquidity providing activities to enhance share liquidity. The meeting also addressed Al Salam Bank's stake in Bank of Bahrain and Kuwait amidst merger developments, endorsing the merger in principle and directing the Board to evaluate the Bank's position and propose future actions.

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Dubai Financial Market News
News Update From Al Salam Bank B.S.C
Disclosure: Resolutions of General Assembly

Al Salam Bank B.S.C held an Extraordinary General Meeting (EGM) on November 27, 2025, with a 75.09% quorum at Al Sarra Ballroom, Royal Saray Hotel, Bahrain. The meeting approved several agenda items: ratification of previous EGM minutes from March 19, 2025; amendments to the bank's Articles of Association to include new activities such as e-marketplace operations, internet retail sales, and promotion of investment products, subject to Central Bank of Bahrain approval; changes to board membership qualifications requiring relevant academic qualifications and experience; and amendments to the Memorandum and Articles of Association to reflect these resolutions, pending approval from the Central Bank of Bahrain and the Ministry of Industry and Commerce. The Chairman, CEO Rafik Nayed, or a Keypoint representative is authorized to complete the necessary formalities.

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

ONE App, developed by Al Salam Bank, received the "Best Project for Digital Transformation" award at the 2025 eGovernment Excellence Awards in Bahrain. The app has been recognized for its role in advancing digital transformation in Bahrain's financial sector. Since its launch, ONE App has established itself as a comprehensive digital banking platform, integrating banking services, financial planning, investments, and lifestyle features into one interface. It uses artificial intelligence and cloud computing, along with over 400 APIs and open banking technologies, to provide a personalized financial experience. Within five months of its release, the app achieved over 50,000 downloads and processed more than 100,000 digital financing applications. Haitham Al Haddad, General Manager of ONE App, highlighted the app's role in redefining financial services and expressed pride in the award, attributing it to the team's efforts. The award also highlights Al Salam Bank's leadership in financial innovation and its commitment to sustainable digital transformation.

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

Customs Affairs and Al Salam Bank have announced a digital integration between the "Ma’arid" platform and "ASB Pay Business" to be launched at Jewellery Arabia 2025 in Bahrain. This collaboration aims to streamline commercial transactions for exhibitors, particularly those from outside Bahrain, by allowing them to complete sales and comply with customs procedures using a single digital device. The integration is part of efforts to support the national economy and enhance the business environment. The "Ma’arid" platform, developed by Customs Affairs, is the first global system of its kind for managing exhibitions, and its integration with ASB Pay Business creates a comprehensive digital cycle for exhibitors. Officials from Customs Affairs, Al Salam Bank, Arab Financial Services, and Informa Markets highlighted the significance of this initiative in enhancing efficiency, transparency, and the overall exhibition experience, contributing to Bahrain's digital transformation and economic vision.

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