| 06 Jan 2007 |
Al Salam Bank teams up with AAOIFI as Diamond Sponsor for the Sixth Shari'a Conference for Islamic Banking and Finance Institutions.
Al Salam Bank Bahrain in its
continues effort to support major Islamic banking conferences has
announced its Diamond Sponsorship of the sixth Shari'a Conference for
Islamic Banking and Finance Institutions. |
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| 28 Dec 2006 |
Al Salam Bank wins bid for strategic stake in El-Nilein
Banking Group Sudan
As part of strategic diversification and expansion plan, Al
Salam Bank would acquire a significant minority stake in El Nilein Banking
Group, subject to regulatory approvals.
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| 11 Dec 2006 |
Hussein Al Meeza the Islamic Banker
of 2006
The World Islamic Banking
Conference chosen Mr. Hussein Mohammed Al Meeza, Vice Chairman and
Managing Director of Al Salam Bank - Bahrain, as The Islamic Banker of the
Year 2006.
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| 28 Nov 2006 |
Al Salam Bank announces the appointment of
Dr. Hasan Al-Bastaki as Group Head of Operations IT and Support
Services
Al Salam Bank Bahrain
announced that Dr. Hasan Al-Bastaki has joined the Bank's senior management team as
Executive Vice President – Operations, IT and Support Services Group Head
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| 9 oct 2006 |
International risk management Expert joins
senior management team of Al-Salam Bank
Al Salam Bank in his search
for attracting banking experts has appointed Mr. Aidan McNulty to join the
Bank's senior management team as Executive Vice President - Chief Risk
Officer.
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| 29 Oct 2006 |
Al Salam Bank Bahrain reports net income of US$
13.8 million
Al Salam Bank Bahrain continues the
trend of strong financial performance since its establishment earlier this
year. The bank reported a net income of US$ 13.8 million for the period
ended 30 September 2006.
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| 6 Sept 2006 |
Al Salam Bank Set State of the art Core
banking system with TEMENOS Group
Al Salam
Bank today announced the signing of a major agreement with
TEMENOS Group, a Geneva-based Swiss company, for the provision
of a state-of-the-art core banking system.
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| 23 sept 2006 |
Al Salam Bank signs real estate development
partnership agreement in Malaysia
Al Salam
Bank signed today a partnership agreement (subject to regulatory
approval) with a leading property developer and private real estate
fund in Malaysia. The project, which has a total value of about 220
million Malaysian Ringgit (approximately US$ 60 million), covers a
240-acre reclamation site and will include residential, commercial and
marina developments.
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| 30 Sept 2006 |
Al Salam Bank announces the appointment
Of General Counsel
Al Salam Bank today announced that Mr. Mohammed Paracha has joined the
Bank's senior management team as Executive Vice President - General Counsel.
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| 31 July 2006 |
Al-Salam Bank-Bahrain reports us$ 11.1 million net profit for the period ended 30 June 2006
Al-Salam Bank-Bahrain BSC (ASB) announced that it made a net profit of US$ 11.1 million (BD4.2 million) during the short period since start of operations.
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| 27 May 2006 |
Al Salam Bank Acquires Highly Experienced Professionals in Islamic Banking and Investment
Al Salam Bank has announced the appointment of high caliber individuals with qualifications in the field of Islamic Investment and Banking services.
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| 12 April 2006 |
Constituent General Meeting of Al Salam Bank - Bahrain on Monday 17th April
Al Salam Bank- Bahrain B.S.C invited all shareholders of the newly established Islamic bank, to attend the bank's Constituent General Meeting at 11:30 A.M on Monday 17th April, 2006 at Al-Gazal Ballroom at Ritz Carlton Hotel, Seef District, Kingdom of Bahrain.
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| 14 March 2006 |
Al Salam Bank - Bahrain Founders Committee announces the allotments of the shares
Al Salam Bank Bahrain Founders' Committee has set the allotment of shares for the IPO that took place between the 5th of Feb till the 14th of Feb on 35% of shares with a value of BD 42 million which amounts to AED 420 million with a subscription result of B.D 2.7 billion which equals AED 27 billion.
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| 22 Feb 2006 |
Al Salam Bank - Bahrain BSC announced the successful closure of its Initial Public Offering (IPO), with the issue being oversubscribed over 63 times.
Public subscription opened for residents of UAE and Bahrain on 5th February 2006 and within two weeks collected an amount in excess of 2.7 billion Bahraini Dinars.
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