Al Salam Bank –Sudan has released new figures showing substantial Q3 gains as well as positive growth in investor’s shares. The bank achieved a profit of $21.5 million during Q3 2009 including investors’ shares; Read the full story
Archive | Al Salam Bank
Al Salam Bank Sudan reports strong third-quarter growth and profit
Posted on 23 November 2009
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The General Assembly of Al Salam Bank Sudan Agrees on the Distribution of Cash Dividends to Shareholders at the Rate of 10% of the Paid-Up Capital
Posted on 26 April 2009
HE Mohamed Ali Al Abbar, Chairman of the Board of Al Salam Bank Sudan, said that during 2008, the Bank has achieved great strides in the most items of the financial position, despite the current difficult situation of the world economy as a result of developments of the global financial crisis during the year 2008. Read the full story
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With a paid up capital of US$100 million Al Salam Bank starts operations in Algeria
Posted on 20 October 2008
Al Salam Bank in Algeria, , was officially opened today by H. E. Hussein Mohammed Al Meeza, Vice Chairman of the Board of Directors of Al Salam Bank and a number of high ranking officials and businessmen. The event marks the launch of the bank’s high quality services in the Algerian market. Read the full story
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Al Salam Bank Sudan wins ”Global Finance Award” as best bank in Sudan
Posted on 06 September 2008
Al Salam Bank Sudan wins ‘’Best bank in Sudan’’ award for 2008 by Global Finance magazine, the American publication, considered as one of the key publications in finance internationally.
The bank been awarded for its continuous achievements and the quality Islamic banking services offered to the Sudani market along with the advanced banking technologies used. Read the full story
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Sudanese President inaugurates new premises of Al-Salam Bank Ordinary general assembly to distribute (10%) dividend to shareholders
Posted on 23 March 2008
Sudanese President, Omar Hassan Al-Bashir, today inaugurated the new premises of Al-Salam Bank of Sudan, located downtown the capital, Khartoum. Read the full story
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Islamic banks boast of about USD450 billion assets: Al Meeza
Posted on 21 January 2008
Algeria, January 21st, 2008
AL Salam Bank Managing Director and Board Vice Chairman, Hussein Mohammed Al Meeza, has said that Islamic banks are witnessing rapid growth and attracting more patronage worldwide, particularly in the Islamic world. Read the full story
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With a capital of US$60 million Sudan’s Al Salam Bank offers First Property Fund for subscription till 31 October
Posted on 21 October 2007
Khartoum, October 21, 2007
Al Salam Bank of Sudan has extend the Al Salam First Property Fund till end of October with a capital of US60 million. The move is aimed at opening up investment opportunity in Sudan’s real estate sector.
The fund is a unique mechanism for individual and corporate investors seeking to achieve medium term capital growth through investment in the Sudanese real estate sector in accordance with the Sharia complaint lease system of “Ijara”. Read the full story
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Hussein Al Meeza the Islamic Banker of 2006 World Islamic Banking Conference values Mr. Al-Meeza role in developing Islamic banking across the globe
Posted on 11 December 2006
The World Islamic Banking Conference chosen Mr. Hussein Mohammed Al Meeza, Vice Chairman and Managing Director of Al Salam Bank – Bahrain, as The Islamic Banker of the Year 2006.
The Islamic Banker of the Year Award was presented at the World Islamic Banking Conference Gala Dinner & Awards Ceremony. Read the full story
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