Al Salam Bank, headquartered in the Kingdom of Bahrain, has been honored with the prestigious title of Bank of the Year: Bahrain 2025 by The Banker magazine. This accolade is a testament to the bank's remarkable performance and strategic foresight, distinguishing it as a leader in the Islamic banking industry.

The award comes on the heels of an exceptional year for Al Salam Bank, which reported a 37.5% growth in net profit attributable to shareholders for the nine-month period ending September 2025. This marks the fourth consecutive year of robust financial performance, underscoring the bank's operational resilience and strategic acumen.

Over the past four years, Al Salam Bank has nearly tripled its total assets from USD 7.12 billion to USD 21.51 billion. This impressive growth is attributed to disciplined execution, consistent expansion in core banking operations, and a successful transformation into a more diversified and regionally competitive financial group.

Rafik Nayed, Group CEO of Al Salam Bank, emphasized the significance of this recognition: 'Being named Bank of the Year in Bahrain by The Banker magazine is a testament to the strength of our strategy and the human-first, intelligence-driven philosophy that guides our journey. This recognition reflects the unwavering dedication of our teams and the trust our clients place in us.'

In addition to this accolade, Al Salam Bank has garnered several other recognitions in 2025, including Best Islamic Bank Bahrain 2025 by International Business Magazine and Most Customer-Centric Islamic Bank – Bahrain 2025 by Global Business Outlook Magazine. These awards underscore the bank's commitment to customer-centricity and leadership in Islamic banking.

Looking ahead, Al Salam Bank is poised for continued growth, with plans to expand regionally and advance its digital and AI-driven capabilities. The bank's focus on sustainable growth and long-term value creation positions it well for future success.

Given Al Salam Bank's strong financial performance, strategic growth initiatives, and industry recognition, investors may consider a buy position on this promising institution. The bank's trajectory suggests a continued upward trend, making it an attractive option for those seeking exposure to the Islamic banking sector.