Al Salam Bank's Strong H1 2025 Financial Performance: A Year-Over-Year Analysis
Al Salam Bank B.S.C. has demonstrated robust financial growth in the first half of 2025, showcasing improvements across key performance metrics.
Summary
Al Salam Bank's H1 2025 financial results reveal significant growth in profitability, asset expansion, and shareholder equity, driven by core banking operations and strategic initiatives.
Al Salam Bank B.S.C. has reported impressive financial results for the first half of 2025, marking a continuation of its growth trajectory. The bank's net profits attributable to shareholders reached BD 37.4 million (USD 99.1 million), a 32.1% increase from BD 28.3 million (USD 75.0 million) in H1 2024. Earnings per share also rose to 11.1 fils (USD 29.5 cents), up from 9.3 fils (USD 24.7 cents) in the previous year.
Key performance indicators (KPIs) from the latest report are summarized in the table below:
| KPI | H1 2025 | H1 2024 | Change (%) |
|---|---|---|---|
| Net Profits (BD million) | 37.4 | 28.3 | 32.1 |
| Earnings per Share (fils) | 11.1 | 9.3 | 19.4 |
| Total Assets (BD billion) | 7.82 | 7.06 | 10.7 |
| Financing Assets (BD billion) | 3.97 | 3.66 | 8.3 |
| Customer Deposits (BD billion) | 5.30 | 4.95 | 7.1 |
| Shareholders' Equity (BD million) | 402.5 | 360.5 | 11.6 |
| Capital Adequacy Ratio (%) | 25.2 | 24.8 | 1.6 |
The bank's total assets increased by 10.7% to BD 7.82 billion (USD 20.74 billion), driven by a significant rise in financing assets and customer deposits. Shareholders' equity also saw an 11.6% increase, reflecting the bank's strong capital position.
Al Salam Bank's strategic focus on core banking operations, digital innovation, and regional expansion has been instrumental in achieving these results. The bank's ability to adapt to market conditions and leverage opportunities has positioned it well for sustainable growth.
Conclusion: The positive trajectory in Al Salam Bank's KPIs indicates a promising outlook for investors, with the bank's strong fundamentals and strategic initiatives likely to continue driving growth. The robust capital adequacy ratio further underscores the bank's financial resilience and capacity to support future expansion.
Source
Summary
The financial data for Al Salam Bank B.S.C. includes various types of financing and placements, both Sharia-compliant and non-Sharia-compliant. Key figures in Bahraini Dinar (BHD) thousands are as follows: Placements with financial institutions amount to 523,699 with Sharia income of 14,255. Murabaha financing totals 1,262,182 with Sharia income of 43,054. Mudaraba financing stands at 618,839 with Sharia income of 17,742. Finance lease assets are 1,598,678 with Sharia income of 49,283. Musharaka financing is 30,681 with Sharia income of 931. Salam financing is 304,742 with Sharia income of 9,020, and Istisna financing is 125,596 with Sharia income of 3,606. Credit card figures are 24,389 with no Sharia income. Placements from financial institutions and individuals amount to 148,490 with a negative Sharia income of 5,009. Customers' current accounts total 1,468,183, and Murabaha term financing is 960,000 with a negative Sharia income of 21,206. The equity of investment account holders is 4,302,316 with a negative Sharia income of 72,787. The balance sheet and income statement are as of 30 June 2025.
