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Al Salam Bank-Bahrain takes over BMI businessAl Salam Bank-Bahrain (ASBB), one of the pioneering Shari’a-compliant banks in the kingdom, has announced that it has successfully taken over the entire business of its subsidiary BMI Bank. Pursuant to the Resolution No. (22 More… |
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Al Salam Bank-Bahrain launches new Visa cardAl Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, has launched its new Visa Infinite Credit Card, designed to meet the requirements of a select group of upscale clients. The new Shari’a-comp More… |
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ASBB launches new card payment serviceAl Salam Bank-Bahrain, one of the pioneering Sharia compliant banks in the kingdom, recently launched its latest credit card payment gateway service channel in partnership with Benefit, Bahrain’s national electronic network for financial t More… |
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Al Salam launches new banking serviceAl Salam Bank-Bahrain, one of the leading Islamic banks in the Kingdom, has announced the launch of its new banking service ‘Mobile’, adding another unique feature to its bouquet of products and services. Mobile will e More… |
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Shaikha Hessa named Al Salam chairpersonAl Salam Bank-Bahrain, a leading Islamic bank in the Kingdom, said its new board has elected Shaikha Hessa bint Khalifa bin Hamad Al Khalifa as the new chairperson for a term of three years. The decision was announced at the board's first More… |
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Bahrain banks launch new finance productThe Bahraini Saudi Bank and Al Salam Bank-Bahrain have launched a new Murabaha-based personal finance product that meets liquidity requirements of individuals. The new Shari’a-compliant product Tayseer is a flexible financing product that More… |
Al Salam to receive dividends through iVESTORAl Salam Bank-Bahrain has announced that shareholders who have ASBB shares registered in Dubai Financial Market will have all their future cash dividends distributed to them electronically via the iVESTOR card issued by DFM. The move, More… |
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Al Salam to develop Bahrain IKEA mallA consortium led by Bahrain-based Al Salam Bank has announced plans to develop a 100,000 sqm mall to be anchored by furniture giant IKEA in the Kingdom and open it for public in 2014. The consortium, “JV Partners,” comprising Siraj Capital More… |
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Al Salam in $58m UK property refinance dealAl Salam Bank-Bahrain, a leading Islamic financial institution, provided £38 million ($58.7 million) in a unique Shari’a compliant mezzanine facility to refinance a landmark commercial property located in Canary Wharf, the financial district of Lo More… |
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Al Salam Bank signs key accordAl Salam Bank-Bahrain and Janayen Capital Group (JCG), owner and operator of worker and staff accommodation facilities, have signed a MoU for the acquisition and development of a workers' accommodation facility in Bahrain. The joint ve More… |
