BASED ON PRESS RELEASE : BY SALAM_BAH ON NOV 06, 2023
Al Salam Bank Receives Prestigious Awards at 2023 Global Islamic Finance Awards
Manama, Bahrain – November 5, 2023 – Al Salam Bank has been honored with two prestigious awards at the 2023 Global Islamic Finance Awards: “Best Islamic Brand 2023” and the “GIFA Excellence Award for Islamic Private Banking.” These awards highlight the bank’s significant contributions to the Islamic banking sector and its continuous efforts to elevate its position in the industry.
The ‘GIFA Excellence Award for Islamic Private Banking’ recognizes Al Salam Bank’s commitment to offering personalized, Shari’a-compliant investment products. The bank has consistently expanded its Private Banking portfolio with innovative offerings such as ‘Al Salam Invest.’ Additionally, Al Salam Bank provides a comprehensive range of services including Wakala accounts, Multicurrency Deposits, Family Trust and Succession Planning services, various Leveraged Facilities, and Property Financing.
The ‘Best Islamic Brand 2023’ Award reaffirms Al Salam Bank’s dedication to advancing the modern Islamic Banking sector in Bahrain. Over the past year, the bank has launched initiatives like the ‘Inspired to Grow’ campaign promoting eco-friendly practices and partnered with academic institutions to provide scholarships while introducing a range of digital products and services.
Ali Habib Qassim, Head of Private Banking at Al Salam Bank, expressed pride in achieving the ‘GIFA Excellence Award for Islamic Banking,’ attributing it to the team’s dedication and hard work.
Mahmood Qannati, Head of Marketing and Communications and ESG Officer at Al Salam Bank, emphasized the significance of the ‘Best Islamic Brand 2023’ Award in reinforcing the bank’s commitment to delivering exceptional client experiences through technology-driven solutions. He highlighted initiatives like the ‘Inspired to Grow’ campaign, which aims to raise environmental awareness and promote community involvement in environmental conservation efforts.
Al Salam Bank’s Private Banking division, staffed with experienced relationship managers, offers specialized wealth management services to high-net-worth and ultra-high-net-worth clients. The bank ensures a seamless private banking experience to meet diverse international investment needs.
With a focus on corporate social responsibility (CSR) and Environmental, Social, and Governance (ESG) principles, Al Salam Bank has integrated these values into its brand identity. Leveraging technology, the bank provides seamless banking experiences and offers a wide range of financial products and services through its extensive network of branches, Self Service Kiosks, and ATMs.
