In a strategic move that underscores its commitment to digital innovation and customer-centric solutions, Al Salam Bank has announced a special Ramadan offer on its ONE App's Digital Auto Finance service. This initiative, launched on February 19, 2026, highlights the bank's dedication to providing flexible and accessible financial solutions tailored to the needs of its clients during the Holy Month of Ramadan.

The offer allows clients to apply for financing for both new and used vehicles entirely through the app, eliminating the need for salary transfers or branch visits. This seamless process is part of Al Salam Bank's broader strategy to harness digital technology to enhance customer experience.

With new car financing available at an annual profit rate starting from 5.1% and used car financing from 6.99%, the offer is among the most competitive in the market. It includes a grace period of up to six months and offers financing of up to 100% of the vehicle's value for new cars and up to 75% for used cars, with a repayment tenor of up to seven years.

Mr. Haitham Al Haddad, General Manager of ONE App, emphasized the app's commitment to delivering digital financial solutions that align with clients' evolving aspirations and needs. He stated, At ONE App, we are dedicated to providing exclusive benefits and competitive profit rates, enabling clients to benefit from flexible and fast financing solutions during Ramadan.

This offer is accessible to salaried Bahrainis and expatriates, and can be availed through simple and quick steps on the ONE App. By leveraging this offer, clients can enjoy a fully integrated digital experience from application submission to fast approval, without the need for paperwork or salary transfer requirements.

Al Salam Bank's initiative is a testament to its digital-first mindset and its mission to provide innovative, Shari’a-compliant financial products and services. As the bank continues to expand its digital offerings, it positions itself as a leader in the Islamic banking sector, committed to meeting the modern-day needs of its clientele.

Given the bank's robust financial standing and its strategic focus on digital transformation, investors should consider this as a positive development. Al Salam Bank's continued investment in digital solutions not only enhances customer satisfaction but also positions the bank for future growth. Therefore, for investors looking for a promising opportunity in the banking sector, Al Salam Bank is a strong candidate to buy.