Al Salam Group Holds its Annual Staff Gathering
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>> 02-05-2013
Twenty students from Dauphine University Paris paid a visit to Al Salam Bank-Bahrain on April 30, where they were briefed by senior management members from various departments in the Bank including Operations, Shari’a Compliance, Private Banking, Financial Control and Treasury. The students had the opportunity to understand the importance of Shari’a in different aspects of banking as well as insights to treasury, private banking and finance functions of the Bank..
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>> 15-04-2013
Al Salam Bank-Bahrain, one of Bahrain’s pioneering Islamic banks, announced that it has successfully completed and sold a joint venture comprising seventy three villas worth an estimated gross development value of RM260.6 million (US$86 million), in one of Malaysia’s Penang Island's largest seafront residential developments.
>> 24-03-2013
HH Shaikha Hessa bint Khalifa bin Hamad Al Khalifa, Chairperson of Al Salam Bank-Bahrain, received at the Bank’s premises at Seef District, Shaikha Hind bint Salman Al Khalifa, President of the Professional and Business Women Club-Bahrain Chapter and the Club’s board members.
>> 27-02-2013
The Board of Directors of Al Salam Bank-Bahrain is pleased to inform the shareholders that the dividend cheques will be ready for collection as of Monday 4th March 2013. Shareholders registered in the shareholding registry by end of trading date on 20th February 2013 are eligible to receive the dividends and are requested to contact the Bank’s registrar Fakhro Karvy Computershare at their address below to receive their dividends for the year ended 31 December 2012.
>> 27-02-2013
Al Salam recently distributed its first quarterly returns to its investors who participated in the restricted wakala investment. The restricted wakala investment relates to sale and leaseback of a brand new Boeing 777-300ER to Emirates in November 2012. The quarterly returns translate into an annual net cash yield of 9%.
>> 20-02-2013
The Annual Ordinary General Meetings was held on Wednesday 20 February 2013, at 10:00 a.m. at Al Murjan Ballroom 1 & 2, Movenpick Hotel - Kingdom of Bahrain. The shareholders discussed and approved all items on the agenda.
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>> 12-02-2013
Al Salam Bank-Bahrain (ASBB), announces the successful exit of its circa £38 million Shari’a compliant mezzanine facility extended to the refinancing of 5 Canada Square, a landmark commercial Property located in the heart of Canary Wharf, the financial district of London. ASBB entered the transaction in August 2010 and has exited on 31 January 2013.
>> 10-02-2013
Al Salam Bank-Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, announces the launch of its new mobile banking service “mobile”, adding another unique feature to its bouquet of products and services. “Mobile” will enhance your banking experience by providing many convenient features at your fingertips.
>> 10-01-2013
In the third investment of its kind, Al Salam Bank Bahrain has announced the acquisition of an equity stake in a second brand new Boeing 777-300 ER on a 12-year-long renewable term lease to the Emirates Airlines. The planes have been delivered to Emirates Airlines in June and November 2012.
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>> 22-12-2012
In response to the initiative of the President of the Supreme Council for Women HRH Princess Sabeeka bint Ebrahim Al Khalifa, the Human Resources Department of Al Salam Bank-Bahrain organized a festive day for all female staff members on Friday 21 December 2012 at Sofitel Hotel – Bahrain.
