Al Salam Bank: A Steady Force in the Islamic Banking Industry

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Al Salam Bank B.S.C., a leading banking institution headquartered in Bahrain, has recently announced the inclusion of UAE Dirham to its Multi-Currency Prepaid VISA Card, a move that signifies the bank's commitment to provide flexible payment solutions to its clients.

Al Salam Bank: A Steady Force in the Islamic Banking Industry

Summary

Al Salam Bank, known for its robust financial standing and aggressive growth strategy, has added the UAE Dirham to the available currencies on its Multi-Currency Prepaid VISA Card. This strategic move is part of the bank's efforts to provide flexible payment solutions to its clients, offering secure transactions, easy top-ups, and ATM withdrawals, without charging any currency exchange fees.

Founded in 2006, Al Salam Bank has established itself as a dominant force in the Islamic banking industry, boasting the industry's strongest asset capital. The bank's agility and ability to adapt to market dynamics have contributed to its rapid growth, making it the fastest-growing bank in the Kingdom of Bahrain. The bank's digital-first mindset, coupled with its data-backed insights and state-of-the-art technology, enables it to offer a comprehensive range of innovative and unique Shari’a-compliant financial products and services. The recent addition of the UAE Dirham to its Multi-Currency Prepaid VISA Card is a testament to the bank's commitment to providing flexible payment solutions to its clients. The card, which also includes currencies such as the Bahraini Dinar, US Dollars, Euro, British Pound, and Turkish Lira, can be obtained through the bank's mobile app, self-service kiosks, or bank branches. It offers secure transactions, easy top-ups, and ATM withdrawals, without charging any currency exchange fees. With a strong emphasis on nurturing client relationships and a solution-oriented philosophy, Al Salam Bank continues to curate tailored solutions with its clients' financial needs at the epicenter of its operations. The bank's commitment to supporting the social and financial wellbeing of the community, coupled with its dedication to fostering a culture of innovation, positions it well for future growth. Given the bank's impressive financial standing, robust growth strategy, and commitment to innovation, the future of Al Salam Bank looks promising. The bank's recent strategic move to add the UAE Dirham to its Multi-Currency Prepaid VISA Card further strengthens its position as a leading banking institution in the region.
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Source

Press release

Summary

Al Salam Bank has added the UAE Dirham to the available currencies on its Multi-Currency Prepaid VISA Card. Other currencies on the card include the Bahraini Dinar, US Dollars, Euro, British Pound, and Turkish Lira. This addition is part of the bank's efforts to provide flexible payment solutions. Clients can get the card in any available currency through the mobile app, self-service kiosks, or bank branches. The card also offers a chance to win cash prizes, discounts on various services, secure transactions, easy top-ups, and ATM withdrawals. It does not charge any currency exchange fees.

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