Sunday 28 December 2014
 
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Al Salam Bank-Bahrain

Al Salam launches new banking service

Al 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

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Shaikha Hessa named Al Salam chairperson

Al 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

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Bahrain banks launch new finance product

The 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

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Al Salam to receive dividends through iVESTOR

Al 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, 

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Al Salam to develop Bahrain IKEA mall

A 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

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Al Salam in $58m UK property refinance deal

Al 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

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Al Salam Bank signs key accord

Al 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

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Al Salam designs Takaful credit card

Al Salam Bank-Bahrain said it has designed a Takaful-principle-based credit card following extensive research and studies conducted by the Bank's team, and would soon launch it in the market. The Bank has successfully obtained the necessar

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Al Salam buys London tower in $220m deal

Al Salam Bank-Bahrain said it has acquired Milton Gate in London in an off the market transaction in partnership with the privately-owned Investment Banking and Private Equity group, Evans Randall. The acquistion of the 7 storey 200,000 pl

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Al Salam-Bahrain Q1 net soars to $21m

Bahrain-based Al-Salam Bank-Bahrain said its net profit for the three-month period ended March 31, 2009, soared 6.5 per cent to BD7.9 million ($21 million) when compared to BD7.4 million ($19.7 million) in the same period last year. The ea

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