
Al Salam Bank B.S.C
Pressreleases, Reports and Disclosures for Al Salam Bank B.S.C
Al Salam Bank B.S.C has announced that its Board of Directors will meet on Tuesday, May 12, 2026, at 10:00 am to discuss and approve the financial results for the period ending March 31, 2026. This announcement was addressed to the Bahrain Bourse and the Dubai Financial Market. The notice includes contact information for the bank and is signed by Ali Yusuf Al Khaja, the Chief Compliance Officer.
Al Salam Bank B.S.C. held its Annual Ordinary and Extraordinary General Meeting on March 12, 2026, with a quorum of 76.56%. The meeting, conducted virtually through Bahrain Clear's eAGM portal, approved several agenda items. These included the approval of the minutes from the previous meeting, the Board of Directors' report, the Shari'a Supervisory Board's report, and the external auditors' report for the financial year ending December 31, 2025. The consolidated financial statements for the same period were also approved. Additionally, transactions with related parties were reported, and the Board's recommendations for profit appropriations were approved. This included transferring BD 7.683 million to statutory reserves and distributing dividends totaling 15% of the issued and paid-up share capital, comprising 8% as cash dividends and 7% as bonus shares. The last trading day with entitlement to dividends is March 13, 2026, on the Dubai Financial Market and March 15, 2026, on Bahrain Bourse, with the record date set for March 17, 2026.
Al Salam Bank B.S.C, an Islamic Retail Bank licensed and regulated by the Central Bank of Bahrain, has released its monthly liquidity provider activity report for February 2026. In compliance with the Central Bank of Bahrain's regulations, the bank disclosed its transactions under liquidity provider-issuer agreements. During this period, the bank purchased a total of 1,189,690 securities and sold 293,947 securities. The total money paid amounted to 283,894.441 BHD, while the total money received was 70,210.254 BHD. The securities balance stood at 895,743, with a cash balance of 872,770.068 BHD.
Al Salam Bank B.S.C, licensed as an Islamic Retail Bank by the Central Bank of Bahrain, issued a corrective announcement to Bahrain Bourse and Dubai Financial Market. The announcement pertains to the Annual General Meeting for the financial year ending 31 December 2025, which will be held virtually on 12 March 2026 at 11:30 AM Bahrain time. The previous announcement made on 19 February 2026 contained no inaccuracies. The decision to hold the meeting virtually is due to prevailing circumstances and considerations for public safety.
Al Salam Bank B.S.C, licensed and regulated as an Islamic Retail Bank by the Central Bank of Bahrain, issued a corrective announcement to the Bahrain Bourse and Dubai Financial Market. The announcement pertains to the Annual General Meeting for the financial year ending 31 December 2025, which will be held virtually on 12 March 2026 at 11:30 a.m. Bahrain time. The previous announcement was made on 19 February 2026, and there was no inaccurate statement in it. The decision to hold the meeting virtually is due to prevailing circumstances and for public safety.
Al Salam Bank has launched an exclusive offer in partnership with talabat during Ramadan, allowing clients with Visa Credit or Prepaid Cards to receive a daily discount of up to BD 2 when ordering through the talabat app. The discount is available from 4:00 PM to 6:00 PM daily, before Iftar, from February 22 to March 8, 2026, for the first 1,000 clients each day with a minimum spend of BD 6. This collaboration is the first of its kind in Bahrain, aimed at enhancing card usage and providing clients with flexible and varied dining options. The offer reflects Al Salam Bank's commitment to providing value-added benefits and improving the client experience. Clients can use their existing cards or apply for new ones through the bank's app to take advantage of the discount. More information is available on Al Salam Bank's website.
ONE App, powered by Al Salam Bank, has introduced a special digital auto finance offer for the Holy Month of Ramadan. This offer allows clients to apply for financing for new and used vehicles entirely through the app, without needing to transfer their salary or visit a branch. It features competitive profit rates, with new car financing starting at an annual profit rate of 5.1% and used car financing at 6.99%. The offer includes a grace period of up to six months and financing of up to 100% of a new car's value and 75% for used cars, with a repayment period of up to seven years. The initiative aims to provide flexible and accessible financing solutions, reflecting the app's commitment to meeting clients' needs during Ramadan. The offer is available to salaried Bahrainis and expatriates and can be accessed through ONE App.
The Chairman of Al Salam Bank B.S.C invites shareholders to the Annual Ordinary and Extra Ordinary General Meetings on March 12, 2026, at the Ritz Carlton Hotel in Bahrain. If a quorum is not met, subsequent meetings are scheduled for March 19 and April 1, 2026. The agenda for the Annual Ordinary General Meeting includes approving minutes from the previous meeting, discussing reports and financial statements for 2025, approving profit appropriations, and reappointing the Shari’a Supervisory Board and external auditors for 2026. The Extra Ordinary General Meeting will address ratifying previous meeting minutes, increasing share capital, and amending the Bank's Memorandum and Articles of Association. Shareholders can attend in person or appoint a proxy. Documents and proxy forms are available on the Bank's and Bahrain Bourse's websites. For inquiries, contact the Investor Relations Department.
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.