Al Salam Bank Bahrain

Key details

• Parent: assets

Overview

Al Salam Bank Bahrain is Bahraini Islamic commercial bank + BHB: SALAM + Bahraini retail + institutional + foreign investors free float + one of Bahrain's largest Islamic commercial banks by assets + founded Jan 23 2006 in Manama Bahrain as Bahraini Islamic commercial bank [1, bh-cro].

History

Jan 23 2006 — Al Salam Bank BSC founded in Manama Bahrain as Bahraini Islamic commercial bank distinctive Bahraini Islamic banking heritage.

Mar 30 2014 — Al Salam Bank BMI Bank Bahrain BSC acquisition completed consolidating into Al Salam Bank.

2014 — Al Salam Bank Mobile banking app launch.

Ownership & operator

Operating entity: Al Salam Bank BSC (Bahraini Islamic commercial bank; BHB: SALAM).

Major shareholders: Bahraini retail + institutional + foreign investors free float.

Regulators: Central Bank of Bahrain CBB + national regulators across 2+ countries.

Technical integration

Al Salam Bank Mobile app (iOS + Android) + alsalambank.com online + Al Salam Bank branch network across Bahrain + Saudi Arabia + Al Salam Visa + Mastercard cards; EMVCo QRCPS QR payments + BenefitPay QR (Bahraini national QR payment scheme; BENEFIT Bahrain national payments switch operator) + Bahraini Dinar BHD domestic transfers.

Implementations & partners

Major Bahraini banking + payments competitors: [[nbb-bank]] (National Bank of Bahrain NBB; BHB: NBB; Bahrain's largest commercial bank by assets) + [[bbk-bahrain]] (Bank of Bahrain and Kuwait BBK; BHB: BBK; Bahraini commercial bank) + [[ahli-united-bank-bahrain]] (Ahli United Bank AUB; Bahraini commercial bank; Kuwait Finance House KFH parent ~100%+ controlling) + [[bahrain-islamic-bank]] (Bahrain Islamic Bank BISB; BHB: BISB; Bahraini Islamic commercial bank; NBB Bahraini parent ~78%+ controlling) + [[ithmaar-bank]] (Ithmaar Bank; BHB: ITHMR; Bahraini Islamic commercial bank) + [[albaraka-bahrain]] (Al Baraka Banking Group ABG; BHB: BARKA; Bahraini Islamic commercial bank holding).

Regulators: Central Bank of Bahrain CBB + national regulators across 2+ countries.

Status

Active, Bahraini Islamic commercial bank + BHB:SALAM + Bahraini retail + institutional + foreign investors free float + one of Bahrain's largest Islamic commercial banks by assets + founded Jan 23 2006 in Manama Bahrain as Bahraini Islamic commercial bank [1, 2].

Sources

• 1 Al Salam — official
• 2 Al Salam — Wikipedia
• bh-cro In-corpus: reports/countries/BH-bahrain.md

Source

Biography extracted from al-salam-bahrain.md. See matrix.md for standards-support matrix if present.