Thursday 27 July 2017
 
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Al Salam Bank-Bahrain

Al Salam Bank-Bahrain takes over BMI business

Al 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

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Al Salam Bank-Bahrain launches new Visa card

Al 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

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ASBB launches new card payment service

Al 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

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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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