Al Salam Bank, one of the pioneering Shari’a-compliant Banks in the Kingdom, is licensed and regulated by the Central Bank of Bahrain as an Islamic Retail Bank. The Bank was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and was the largest IPO in the Kingdom’s history with subscriptions reaching over BD 2.7 billion (US$ 7 billion). The Bank commenced commercial operations on 17 April 2006. Al Salam Bank was listed in Bahrain Bourse on 27 April 2006 and subsequently on Dubai Financial Market (DFM) on 26 March 2008.

Al Salam Bank offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through its extended strong network of branches and ATMs utilizing the state-of-art technologies to meet various banking requirements. In addition to its Retail Banking services, the Bank also offers Corporate Banking, Private Banking, Investment Banking as well as Treasury Services. The Bank's high-caliber management team comprises of a highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance and related fields.

Key factors that contribute to the Bank’s distinct market differentiation include:
• Strong paid-up capital base;
• Pre-eminent founding shareholders;
• High-caliber management team;
• State-of-the-art IT infrastructure;
• Innovative, tailor-made Shari’a-compliant product solutions;
• Universal business model covering deposits, financing and investment products and services.

Al Salam Bank is adopting internationally recognized standard’s and best practices in areas such as corporate governance, compliance and risk management, operating with the highest levels of integrity, transparency and trust.

As a Shari'a-compliant bank, Al Salam Bank is actively seeking towards building a stronger Corporate Social Responsibility (CSR) to the various communities in which it invests and operates.

Banking

Al Salam Bank

Al Salam Bank's headquarters in Manama, Bahrain

This department focuses on assessing and managing operational risks to ensure organizational stability and informed decision-making.

Risk Analysis

This department manages organizational support functions and ensures efficient operations.

Administration

The Management Team at Al Salam Bank is responsible for overseeing the strategic direction and day-to-day operations of the bank. This includes guiding various departments such as branches operations, innovation, private banking, international transaction banking, and human resources. The team ensures that the bank's activities align with Shari’a-compliance standards and regulatory requirements while fostering a culture of integrity, transparency, and innovation to deliver exceptional services and products to customers. They play a crucial role in maintaining corporate governance, risk management, and customer experience excellence.

Management Team

The Information Technology team at Al Salam Bank is responsible for managing and maintaining the Bank's state-of-the-art IT infrastructure to ensure seamless integration and operation of its Shari’a-compliant financial services. This includes overseeing network security, deploying innovative digital solutions, supporting IT operations for retail, corporate, and investment banking services, and leading digital transformation initiatives to enhance customer experience and operational efficiency. The team plays a crucial role in safeguarding data, ensuring compliance with regulatory standards, and driving technology advancements to support the Bank’s strategic objectives.

Information Technology

The Finance and Treasury team at Al Salam Bank is responsible for managing the bank's financial planning, analysis, and reporting. They ensure optimal liquidity and capital management, oversee investment strategies, and handle international transaction banking. The team is also involved in strategic planning, innovation in financial products, and compliance with Shari’a principles to support the Bank's robust financial health and market positioning.

Finance and Treasury

This department oversees various aspects of organizational operations and decision-making processes.

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Other teams

Administration

Management Team

Information Technology

Finance and Treasury

Management

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People (17)

Jobs (0)

Other teams

Administration

Management Team

Information Technology

Finance and Treasury

Management

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