Al Salam Bank B.S.C

Al Salam Bank B.S.C

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Al Salam Bank Wins Prestigious Mobile Excellence Award

Summary

Al Salam Bank has received the Mobile Excellence Award for its outstanding mobile banking capabilities, highlighting its successful digital transformation strategy.
Al Salam Bank has been honored with the Mobile Excellence Award for its advanced digital banking capabilities, showcasing its commitment to innovation.

In a significant achievement for Al Salam Bank, the institution has been awarded the Mobile Excellence Award at the OutSystems ONE Executive Day UAE 2025. This accolade recognizes the bank's exemplary mobile banking capabilities and its adept use of cutting-edge digital platforms to deliver secure, reliable, and high-quality banking experiences to its clientele.

The award is a testament to Al Salam Bank's successful deployment of the OutSystems platform across its mobile banking channels. The bank has demonstrated an impressive ability to design, deploy, and scale digital solutions efficiently, all while maintaining stringent standards of security, governance, and operational resilience.

Al Salam Bank's mobile application provides clients with a comprehensive and intuitive digital experience, allowing them to manage their banking needs seamlessly from anywhere at any time. The app's key features include instant account access, fund transfers, bill payments, card management, financing applications, real-time transaction tracking, and enhanced security controls, all delivered through a streamlined and user-friendly interface.

This recognition underscores the bank's broader digital strategy, which emphasizes strengthening its mobile and digital banking capabilities through agile technology platforms, data-led decision-making, and continuous improvement. The bank is also fostering a Citizen Developer ecosystem, empowering business and technology teams to collaboratively design and enhance digital solutions using governed low-code platforms. This approach accelerates innovation, shortens time-to-market, and ensures that digital capabilities remain closely aligned with client and business needs.

By adopting modern development approaches, intelligent automation, and a controlled Citizen Developer model, Al Salam Bank has enhanced its ability to introduce new features efficiently while maintaining robust security, compliance, and governance standards.

During the OutSystems ONE Executive Day UAE, Mohammed AlShehabi, Head of Innovation at Al Salam Bank, participated in a panel discussion titled 'The Role of AI and Low-Code in Accelerating Digital Transformation and Driving Innovation.' Commenting on the award, AlShehabi stated, 'This award reflects the disciplined execution of our digital strategy and our focus on building practical, secure, and client-centric mobile banking solutions. Our mobile banking application continues to evolve to meet clients’ daily banking needs, combining ease of use with strong security and reliability. We remain committed to enhancing our digital channels in ways that deliver real value and support our clients’ changing expectations.'

Given Al Salam Bank's strong digital strategy and recognition in the industry, investors may consider a 'buy' recommendation. The bank's commitment to innovation and its ability to adapt to market dynamics position it well for future growth.

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