Al Salam Bank announces the winners of the grand prizes for the Danat and Thimaar Saving Schemes for the year 2022

Press release

Published January 18th, 2023 - 10:44 GMT

Al Salam Bank announces the winners of the grand prizes for the Danat and Thimaar Saving Schemes for the year 2022

During the event

Highlights

Al Salam Bank has announced the winners of the grand prizes for the Danat and Thimaar schemes for the year 2022.

Al Salam Bank has announced the winners of the grand prizes for the Danat and Thimaar schemes for the year 2022. The prizes were handed out recently at “Al Salam Zone” in the City Center Bahrain, where Mr. Mohammed Abdullah Ibrahim Jameel received the grand prize of the Danat savings account worth 10 kg of gold. Additionally, Mr. Khalid Ahmed Abdullah won a BD100,000 quarterly grand cash prize for the Thimaar account.

On this occasion, Mr. Muhammad Buhijji - Head of Retail Banking at Al Salam Bank said: “On behalf of Al Salam Bank, I am pleased to congratulate our clients for winning the grand prizes in Danat Savings scheme and Thimaar scheme for the year 2022, which are both distinguished by offering exceptional prizes. Our valued clients are encouraged to increase the amount and duration of their investments in their Danat saving scheme starting from BD 50 so they can increase their chances of winning that will be announced soon in 2023 prizes. Furthermore, they will be able to earn loyalty points when they deposit amounts into their Al Salam Bank’s Danat accounts. These loyalty points can then be redeemed for a wide range of valuable rewards such as cashback option, airline miles, travel reservations, alongside various other rewards.”

Background Information

Al Salam Bank

Al Salam Bank-Bahrain B.S.C (ASBB) is an Islamic bank headquartered in the Kingdom of Bahrain, and licensed and regulated by the Central Bank of Bahrain.

ASBB was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and commenced commercial operations on 17 April 2006. The Bank was listed on Bahrain Bourse on 27 April 2006 and subsequently on the Dubai Financial Market (DFM) on 26 March 2008.

ASBB completed its merger with the Bahraini Saudi Bank (BSB) on 22 December 2011. On 2 February 2014, Al Salam Bank-Bahrain and BMI Bank B.S.C. (c) confirmed the conclusion of a business combination between the two institutions after obtaining the approval of their shareholders at their respective extraordinary general assembly meetings, and of 30 March 2014 BMI Bank became a wholly owned subsidiary of ASBB.

ASBB offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through an extended network of branches and ATMs, utilizing the state-of-art technologies to meet various banking requirements. In addition to its retail banking services, the Bank also offers Corporate Banking, Private Banking, Asset Management and Treasury services. The Bank's high-caliber management team is comprised of highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance, and related fields.