Al Salam Bank-Bahrain launches Platinum and Gold Visa Cards
Al Salam Bank-Bahrain, one of the leading Islamic banks in the region, has announced the launch of Platinum and Gold Visa Cards to both individual and corporate clients. The introduction of the cards follows the successful launch of the internet banking services during the second quarter of this year.

Al Salam Bank-Bahrain donates US$2 million to the Royal Charity Organization
Al Salam Bank-Bahrain has donated a total of US$2.016 million to the Royal Charity Organization in support of university scholarships for distinguished students selected by Royal Charity Organization (RCO). RCO will establish and manage Al Salam University Fund for children of needy families, orphans or handicapped.

Al Salam Bank-Bahrain begins its annual Summer Internship Program
Al Salam Bank-Bahrain kicked off its Summer Internship Program, for the third consecutive year, with more than 20 Bahraini university students. The program started on the 1 July 2008 and will last for two months. The Bank’s Human Resources Department started receiving various summer training requests from local and international university students since March 2008. Due to overwhelming demand requests were shortlisted to 20 trainees to fit them into the Bank’s training plan aimed at enhancing students’ knowledge of Islamic banking Industry.

Al Salam Bank-Bahrain affirms its support of HH the Crown Prince’s vision to develop the Kingdom’s youth
The Crown Prince’s International Scholarship Program (CPISP) received its second annual contribution of BD 50,000 from Al Salam Bank-Bahrain, which has committed a total pledge of BD 250,000 as a Silver Sponsor of the Program. On behalf of Al Salam Bank-Bahrain CEO Mr. Yousif Taqi, Corporate Communications Manager Ms. Suhair Al-Ajjawi presented a cheque to CPISP Director Dr. Ronald Koller today at the Bank’s headquarters in Seef District.

Al Salam Bank-Bahrain reports half yearly net profit of US$40.5 million
Building on the strong first quarter results, Al Salam Bank Bahrain announced a half-yearly net profit of BD15.3 million (US$40.5 million) for the period ended 30 June 2008.

Al Salam Bank-Bahrain adopts Fermat’s Integrated Risk Management Solutions
Al Salam Bank-Bahrain (ASBB) has announced that it will shortly begin implementing Fermat’s Integrated Risk Management Solutions at group level for its businesses in and outside Bahrain.

Al Salam Bank-Bahrain Reports Strong First Quarter Results
Al Salam Bank-Bahrain announced its first quarter results for the period ended on 31 March 2008 posting net profit of BD7.4 million (US$19.7 million), an increase 42% over the results for corresponding period in 2007. The Bank's total operating income increased to BD10.2 million (US$ 27.0 million), an increase of 38% over the income reported for similar period in 2007. The reported net income represented 18.5% annualized return on average shareholders’ equity.

Al Salam Bank-Bahrain Funds UoB’s Centre for Financial studies
The University of Bahrain (UoB) and Al Salam Bank-Bahrain have singed an agreement to finance the construction of “Al Salam Bank Centre for Financial Studies” at UoB’s College of Business Administration.

Dubai Financial Market announces listing of Al Salam Bank-Bahrain
Alabbar: listing Al Salam Bank-Bahrain’s shares on DFM helps achieve goal of expanded trading options for bank shareholders
Dubai Financial Market (DFM) announced today the listing of Al Salam Bank-Bahrain’s shares. With this listing, the number of companies listed on DFM reaches 57 public joint stock companies.

Al Salam Bank-Bahrain meets its shareholders prior to listing its shares on DFM
Al-Meeza: A new addition to the UAE and regional economy
Al Salam Bank-Bahrain and Dubai Financial Market (DFM) organized yesterday an awareness day for the shareholders during which the Bank presented its identity and briefed the attendees on required procedures to be taken to withdraw their Al Salam Bank-Bahrain’s shares from Bahrain Stock Exchange (BSE) and deposit them with DFM prior to the listing of the Bank’s shares on DFM due on 26 March 2008.

Al Salam Bank-Bahrain executes a pioneering biodiesel investment in Hong Kong.
Taqi: Deal reinforces Bank’s strategic focus to identify and invest in value-added alternative energy opportunities in the Asia-Pacific region.
Al Salam Bank-Bahrain (ASBB) announced the successful signing of a major, multi-faceted deal with six global strategic partners to invest in a pioneering alternative energy project in Hong Kong.

Shareholders approve the Board’s recommendations of distributing 10% as cash dividends of the paid up capital.
Alabbar: the Bank adopts a fast track practice to develop performance regionally and internationally.
Al Salam Bank-Bahrain General Assembly held its Annual Ordinary General Meeting today at the Diplomat Radisson SAS Hotel with a 56.12% attendance.

Al Salam Bank-Bahrain General Assembly holds AGM on February 20. Taqi: The Bank has achieved a Qualitative leap in its 2007 activities
The General Assembly of Al Salam Bank-Bahrain will hold its Annual General Meeting on Monday 20 February at 12:30 pm at the Diplomat Radisson SAS Hotel to discuss the Bank’s performance during 2007.

Al Salam Bank-Bahrain establishes a company for developing a light industry area in Hidd
Al Salam Bank-Bahrain announced today that it has established a company dedicated to develop an industrial area in Hidd, recording one of the most important industrial areas development projects ever witnessed in the Kingdom of Bahrain.

At the end of the block period The founders can trade with SALAM shares as of today, Dr. Al-Bastaki
Al Salam Bank-Bahrain has announced that as of today the founding shareholders are able to trade with their shares following the end of the block period.

Al Salam Bank-Bahrain records 2007 annual net profit of BD 23.1 m (US$61.6 m).
Continuing its second year of profitability, Al Salam Bank-Bahrain has recorded annual 2007 year net profit of BD 23.1 million (USD 61.6 million), 41 per cent more than the net profit of BD 16.4 million (USD 43.5 million) for the period ended 31 December 2006. Gross revenue for full-year 2007 is BD 33.9 million (USD 90.4 million). Earnings Per Share in 2007 was fils 19.3 compared to Fils 15.1 in 2006. Total assets grew 112 per cent to BD397.8 million (USD 1.06 billion) as of 31 December 2007, compared to BD188 million (US$501 million) in 2006.

Al Salam Bank-Bahrain sponsor major Islamic finance summit Taqi: Islamic financial institutions proved world-wide competence.
A renowned Bahraini banking personality has affirmed that the Shari’a-compliant financial institutions have been able with competence to compete conventional world-wide institutions, and pointed out that those Islamic institutions will have a pioneering role in the next few years in revitalizing world Islamic finance due to their effective methods in attracting investments and capitals and outmatch their conventional peers.

Al Salam Bank-Bahrain wins a bid for BD27.8 million Islamic financing favoring the Ministry of Electricity and Water.
Al Salam Bank-Bahrain announced today that it won a financing bid for the Bahraini Ministry of Finance through the Tender Board to provide an Islamic financing worth BD 27.8 million in favor of the Ministry of Electricity and Water.

Al Salam Bank-Bahrain sponsors Gulf eCommerce Forum Taqi: eCommerce Consolidates Comprehensive Growth.
Using technological tools in commerce and finance can considerably improve comprehensive economic growth, a prominent Bahraini banker has affirmed. Chief Executive of Al Salam Bank-Bahrain, Mr. Yousif Taqi said that Bahrain, among other GCC countries, has utilized these tools and consequently attracted capitals from all over the world.

As part of its strategic outlook. Alabbar: Al Salam Bank-Bahrain stock split due on 18 November.
Al Salam Bank – Bahrain has announced today its decision for the stock split to take effect as of Sunday 18 November 2007, following the approval of the Bank’s Extraordinary General Meeting held on 10 September of a stock split recommendation, from BD1 per share to fils100 per share, i.e. ten new shares per each current share, the matter that would make the shares increase from 120 million to 1,2 billion shares.

Al Salam Bank-Bahrain the Diamond Sponsor of the Second Arab Children’s Forum
Al Salam Bank-Bahrain (B.S.C.) has expressed pride being the Diamond Sponsor of the Second Arab Children’s Forum to be held in Bahrain from 9 to 13 November under the patronage of HH Shaikh Mohammed bin Salman bin Hamad Al-Khalifa, the son of HH the Crown Prince and Commander in Chief of the BDF.

Al Salam Bank-Bahrain Sponsors “Why Invest in Malaysia” Forum.
Al Salam Bank-Bahrain announced today it exclusive sponsorship of the Forum titled “Why Invest in Malaysia” which was held in Dubai and organized by the Kuala Lumpur Business Club (KLBC), as part of the current visit by 40 club members to Dubai and Abu Dhabi. The visit aims at promoting Malaysia and to learn about current UAE economic developments, and to broaden the network of contacts. The delegation is led by its President Datuk Dr. Munir Majed, who is also the Chairman of Malaysian Airline System Berhad.

Al Salam Bank-Bahrain Reports BD 17.4 (US$ 46.2) Million in Net Profit.
Bahrain-based Al Salam Bank has today announced its net profit for the third quarter ended on 30 September 2007. The Bank generated net income of BD17.4 (US$ 46.2) million, an increase of BD12.2 (US$ 32.4) million over the same period in 2006. The Bank's total operating income stood at BD24.7 (US$ 65.5) million, a three fold increase over the income reported for similar period in 2006. The reported net income represented 17.0% return on shareholders equity.

As part of its continued development plans Al Salam Bank-Bahrain launches its Unique Online Banking.
Al Salam Bank-Bahrain has announced the launch of its online Banking service which comes in line with the Bank’s continued development plans and in pursue of new services for the clients and utilizing technology to ease access to and improve quality of those services.

Stepping into a quality shift in its support services Al Salam Bank launches Unit to communicate effectively with Investors
Al Salam Bank – Bahrain has announced the launch of the Investor Relations Unit in a step aiming at enhancing the quality of services provided to its shareholders and will be dedicated to creating the most effective two-way communication and providing financial information to the Bank’s shareholders and investors.

Al Salam Bank - Bahrain sponsors ICC Bahrain Seminar on UCP 600
Al Salam Bank - Bahrain announced its sponsorship for the ICC Bahrain seminar on UCP 600. The seminar is being organised by ICC Bahrain Trade Finance Forum on 18 Oct 2007 and it will discuss the new rules governing Letters of Credit issued worldwide after 1 July 2007

AL SALAM BANK- BAHRAIN DIAMOND SPONSOR FOR SECOND ARAB KIDS FORUM 2007
Al Salam Bank- Bahrain one of the leading Islamic Banks in the Kingdom announced its Sole Diamond Sponsorship for the Second Arab kids Forum 2007 to be hold under the patronage of H.H. Shaikh Mohammed Bin Salman Bin Hamad Al-Khalifa in the Kingdom of Bahrain from 9-13 November 2007 under the theme (Arab kids- Peace kids)

Al Salam Bank-Bahrain Sponsors the Showcase Reception at the IMF & World Bank Meeting
Al Salam Bank - Bahrain has announced its sponsorship of the showcase reception due to be held during the upcoming IMF & World Bank meeting in October in Washington. This is an opportunity for the bank to promote its investments opportunities and solutions during the reception as one of the leaders in the Islamic Banking Industry in Bahrain.

First of its kind: Al Salam Wakala Deposit Most recent Banking Service Launched by Al Salam Bank Bahrain
Al Salam Bank Bahrain has announced the launch of “Al Salam Wakala Deposit” the first of its kind in Shari’a compliant banking services.

At An Extraordinary General Meeting Of Al Salam Bank Bahrain: Stock Split And Listing On Gcc Stock Exchanges Were Approved
At an Extraordinary General Meeting held this afternoon, Al Salam Bank Bahrain approved a stock split recommendation, from BD1 per share to fils100 per share, i.e. ten new shares per each current share. Additionally the meeting agreed to incorporate a clause on Zakat into the Bank's Articles of Association.

Al Salam Bank - Bahrain to hold an Extraordinary General Meeting on 10 September 2007
Al Salam Bank - Bahrain, one of the leading Shari’a compliant bank in the Kingdom of Bahrain, will be holding an Extraordinary General Meeting (EGM) on Monday 10 September 2007 at 12:30 PM at the Ritz Carlton Hotel – Bahrain - Gazal 1 Ballroom.

Al Salam Bank Bahrain supports Bahrain’s Future Generations through the Crown Prince International Scholarship Program
Al Salam Bank Bahrain announced the donation of BD 250,000 towards the Crown Prince International Scholarship Program (CPISP). The move comes as part of the bank’s social responsibility to the community and its belief in the growth and development of leadership competencies.

Al Salam Bank - Bahrain Reports Half-Yearly Net Profit of BD14 million
Al Salam Bank - Bahrain, reported net profit of BD14 million (USD 37.2 million) for the half-year ended 30 June 2007 representing a return on equity of 20.6 percent. This strong performance is arising as a result of diversification of the income stream covering commercial banking, investments and treasury operations. The Bank reported gross income of BD19 million (USD 50.4 million) for the period ended 30 June 2007. The net income for the quarter of BD8.9 million reflects a strong performance of the Bank for the fifth consecutive quarter in a row.

Bahraini Youth to gain work experience through training program in Al Salam Bank - Bahrain
Underscoring its continued commitment to raise the level of quality of Bahraini talents and prepare youngsters to face the corporate world through gaining first hand work experience, Al Salam Bank - Bahrain began its first Summer Training Program in July 2007.

Board of Directors of Al Salam Bank - Bahrain recommends the splitting of the par value of the bank's shares from One Bahrain Dinar to 100 fils:
In its meeting no. 02/2007 on 2nd June 2007, the board of Directors of AlSalam Bank - Bahrain agreed to raise the recommendation to the extraordinary general assembly of shareholders to split the par value of the share price to 100 fils instead of one Bahraini Dinar. The Board of Directors has also authorized the executive management of the bank to undertake the legal requirements and procedures needed to have the final approval from the related government entities and Bahrain Stock Exchange.

In Association with a Consortium of Banks And Strategic Investors Al Salam Bank – Bahrain Incorporates a Holding Real-Estate Development Company
Al Salam Bank - Bahrain has announced today the establishment, through its real estate investment subsidiary, a new real-estate development company under the name of N.S. Holding (W.L.L.). The new firm has been set up in association with a consortium of local and regional banks and other strategic investors. The new company's business will focus on the management and development of a major real estate project in the Kingdom, which currently witnesses a significant progress and growth.

Al Salam Bank opens regional hub in Bahrain
Al Salam Bank - Bahrain, the region's newest Islamic bank, formally opened its regional hub in Bahrain today at a ceremony attended by His Highness Shaikh Khalifa bin Salman Al Khalifa, the Prime Minister of Bahrain. The bank, which began operations in April 2006, further marked the occasion by launching its Sharia-compliant retail operations.

HE Governor of Central Bank of Bahrain inaugurates Al Salam Bank - Bahrain headquarters
His Excellency Rasheed Al Maaraj, Governor of Central Bank of Bahrain deputised by Shk Khalifa Bin Salman AL Khalifa, Prime Minister of Bahrain inaugurated Al Salam Bank – Bahrain Banking Hall in Seef District today. HE cut the ribbon at the headquarters which is dedicated to offering retail services indicating the official opening of the Bank.

Al Salam Bank Bahrain Reports First Quarter 2007 Net Profit of BD5.2 Million
(USD13.7 Million)
Al Salam Bank- Bahrain, today reported quarterly net profit of BD5.2 million for the quarter ended 31 March 2007 representing a return on equity of 15.1 per cent. This performance comes on the back of the strong operating results of BD16.4 million (USD 43.5) in net profits posted for the period ended 31 December 2006.  The Bank reported gross income of BD7.3 million (USD19.2 million) for the period ended 31 March 2007. The quarterly results reflect a strong performance of the Bank for the fourth consecutive quarter in a row.

Al Salam Bank Acquires an Equity Stake in a Boeing 777 Aircraft on Lease
to Malaysian Airlines
Al-Salam Bank-Bahrain BSC, announced that its acquisition for 1999 build Boeing 777-200ER aircraft on a long term lease to Malaysian Airlines, marking the Investment Group's second transaction in A+ rated Malaysia.  This follows the 2006 announcement of the Bank's joint-venture with CIMB to develop a prime real estate development off Penang.

Al Salam Bank Further Expands Sharia' - Compliant Services
Manama, February 25^th, 2007, Al Salam Bank, one of the strongest recent entrants into the region's Islamic banking sector, today announced that it has participated in the incorporation of the Aman Bahrain Insurance Company. The move comes as part of the Bank's diversified investment strategy.

Al Salam Bank Establishes New Real Estate Company with Co-Investors
Manama, February 19^th, 2007, Al Salam Bank, one of the strongest recent entrants into the region's Islamic banking sector, today along with co-investors announced the establishment of a new real-estate company which will promote a number of property development projects in Bahrain, which is experiencing a fast growing construction boom.