Al Salam Bank Launches its Internship Program for Bahraini Graduates

Al Salam Bank recently kicked off its 6-month internship program for Bahraini graduates, which commenced on 2 October 2022. Following a series of interviews, tests and virtual assessments, 10 graduates will be selected to train in different departments within the Bank, gaining a hands-on opportunity to learn about the individual operations and various functionalities and processes at Al Salam Bank.
Trainees will attend a number of virtual training courses via LinkedIn and at the Bahrain Institute of Banking and Finance (BIBF) to develop their skills and prepare them for a future in the banking industry. The program will encompass a range of industry-led topics, including, Islamic Banking, Information Security, and Anti-Money Laundering. The initiative seeks to support the directives of the Central Bank of Bahrain and the Bahrain Association of Banks, in an effort to realize the Financial Services Sector Development Strategy (2022-2026), as part of Bahrain’s Economic Recovery Plan.
Commenting on the occasion, Ms. Muna AlBalooshi, Head of Human Resources and Administration at Al Salam Bank, said, “We are pleased to launch an internship program that targets talented Bahraini graduates. The development of such a program aligns with our efforts to achieve the UN’s Sustainable Development Goals, focused on providing a quality education, equal learning opportunities, supporting sustainable economic growth and creating a promising generation of knowledgeable, productive and competent workers.”
As part of the Bank’s Guiding Principle, ‘We Act with Empathy’, and its CSR platform, Al Salam Helping Hands, this initiative supports the Bank’s commitment to implement ESG practices into its operations. The program also falls under the following UN’s Sustainable Development Goals: (4) Quality Education, (5) Gender Equality, (8) Decent Work and Economic Growth, and (17) Partnerships for the Goals.
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.