Al Salam Bank Welcomes Student Delegation from Al-Iman Schools

Press release

Published December 14th, 2022 - 11:04 GMT

Al Salam Bank Welcomes Student Delegation from Al-Iman Schools

Muna Al Balooshi.

Highlights

Al Salam Bank recently received a delegation of high school students from Al-Iman Schools at the Bank’s headquarters.

Al Salam Bank recently received a delegation of high school students from Al-Iman Schools at the Bank’s headquarters. During the visit, the students were introduced to the basics of Islamic banking, its distinction from traditional banking services, and highlighting the mechanism of work behind banking and finance institutions. The students were also given the opportunity to see how daily operations are conducted, further reinforcing the school’s career guidance efforts.

With more than 24 students in attendance, the delegation visited the various departments in Al Salam Bank and learned more about the Bank’s history, identity, and brand promise. Employees also showcased the critical role played by the Central Bank of Bahrain (CBB) as the governing body to enact rules and regulations regarding the management of the banking sector and answered all the student’s inquiries and questions.

Commenting on the occasion, Muna Al Balooshi, Head of Human Resources and Administration at Al Salam Bank, said, “We were pleased to host the students from Al-Iman Schools as part of the Bank’s Guiding Principle, ‘We Act with Empathy.’ We are committed to grooming the next generation of leaders by adopting initiatives that focus on education and innovation. We look forward to developing a well-rounded and educated generation prepared to take on the future job market.”

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.