Al Salam Bank B.S.C.

SALAM

BH000A0J2481

Banks

End-of-day quote Bahrain Bourse Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
0.206 ^BHD	-0.48%		-1.44%	+7.07%

Apr. 19	UAE Stocks Bleed as War in the Middle East Intensifies	MT
Apr. 01	Al Salam Bank to Take Over Kuwait Finance House’s Bahrain Unit	MT

Al Salam Bank B.S.C. acquired additional 13.6% stake in Al Salam Bank-Algeria.

March 11, 2024

Al Salam Bank B.S.C. (BAX:SALAM) acquired additional 13.6% stake in Al Salam Bank-Algeria on March 12, 2024. Al Salam Bank stake increased from 53.1% to 66.7% following the purchase of additional shares from other shareholders.

Al Salam Bank B.S.C. (BAX:SALAM) completed the acquisition of additional 13.6% stake in Al Salam Bank-Algeria on March 12, 2024.

Latest news about Al Salam Bank B.S.C.

UAE Stocks Bleed as War in the Middle East Intensifies	Apr. 19	MT
Al Salam Bank to Take Over Kuwait Finance House’s Bahrain Unit	Apr. 01	MT
Al Salam Bank B.S.C. Approves Cash Dividends for the Year 2023, Payable on 17 April 2024	Apr. 01	CI
Al Salam Bank - Sudan to Shift Listing to Dubai Financial Market's Second Category	Mar. 28	MT
Al Salam Bank - Sudan Swings to Loss in FY23; Income Down	Mar. 27	MT
Al Salam Bank Teams Up with Solidarity Bahrain for Ramadan Insurance Offer	Mar. 18	MT
Al Salam Bank Teams Up With Talabat for Ramadan Discounts Offer	Mar. 14	MT
Al Salam Bank Boosts Stake in Al Salam Bank Algeria	Mar. 12	MT
Al Salam Bank B.S.C. acquired additional 13.6% stake in Al Salam Bank-Algeria.	Mar. 11	CI
Al Salam Bank B.S.C. reached an agreement to acquire Kuwait Finance House B.S.C.(C) from Kuwait Finance House K.S.C.P..	Feb. 17	CI
Al Salam Bank B.S.C. Proposes Cash Dividend for the Year Ended 31 December 2023	Feb. 13	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 13	CI
Al Salam Bank B.S.C. cancelled the acquisition of Kuwait Finance House B.S.C.(C) from Kuwait Finance House K.S.C.P..	Jan. 09	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 12	CI
Al Salam Bank B.S.C. entered into a letter of intent to acquire Kuwait Finance House B.S.C.(C) from Kuwait Finance House K.S.C.P..	Nov. 11	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-11	CI
Al Salam Bank B.S.C. acquired additional 15.7% stake in Al Salam Bank-Algeria.	23-06-20	CI
Al Salam Bank B.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Al Salam Bank B.S.C. Recommends Dividend for the Period Ended 31 December 2022	23-02-12	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-10	CI
An unknow buyer acquired A Hong Kong renewable energy plant from Al Salam Bank B.S.C..	22-12-01	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-13	CI
Al Salam Bank B.S.C. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Al Salam Bank B.S.C. completed the acquisition of Consumer Banking Business of Ithmaar/Bank of Bahrain and Kuwait B.S.C./Solidarity Group Holding from Ithmaar Holding B.S.C. for $2.2 billion.	22-07-06	CI
Al Salam Bank B.S.C. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-12	CI

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Company Profile

Al Salam Bank Bahrain BSC is an Islamic financial institution. The Bank is organized, along with its subsidiaries, into four business segments: the Banking segment offers sharia-compliant financing contracts and products, and includes corporate banking, retail banking, private banking and wealth management; the Treasury segment covers sharia-compliant money market, trading and treasury services, including short-term commodity murabaha; the Investments segment covers the Bankâs portfolio and serving clients with a range of investment products, funds and alternative investments, and the Capital segment manages the un-deployed capital of the Bank by investing it in financial instruments, incurs all expenses in managing such investments and accounts for the capital governance related expenses. As of April, 2013, it completed and sold a joint venture, Martinique Villas By-the-Sea. Effective September 10, 2013, it acquired an stake in Experts Co for Education & Training LLC.

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Banks

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Commercial Banks

Al Salam Bank B.S.C.

Equities

SALAM

BH000A0J2481

Banks

Al Salam Bank B.S.C. acquired additional 13.6% stake in Al Salam Bank-Algeria.

Latest news about Al Salam Bank B.S.C.

Chart Al Salam Bank B.S.C.

Company Profile

Income Statement Evolution

Annual profits - Rate of surprise

Sector Commercial Banks