“Al-Salam” joins the “Bahrain Trade” platform

Al Salam Bank announced the expansion of its digital investment platform, “Al Salam Investment”, by joining the “Bahrain Trade” platform. This step comes as part of the trading platform services that the bank provides to its valued customers, as it will contribute to giving individual customers the ability to digitally trade in securities listed on the Bahrain Bourse. To celebrate this occasion, the bell for the opening session was rung at the Bahrain Bourse, in the presence of Rafik Nayed, Group CEO of Al Salam Bank, and Shaikh Khalifa bin Ibrahim Al Khalifa, CEO of the Bahrain Bourse, along with the executive management of Salam Bank and the Bahrain Bourse. Launched last year, the “Al Salam Investment” platform is available exclusively through the Al Salam Bank digital application, and features an easy-to-use and customizable interface and is available in both Arabic and English. It also allows customers to conduct investment trades in real time, as well as manage their portfolios, check the status of their accounts and carry out daily banking transactions. This Sharia-compliant platform provides a seamless, easy-to-use digital trading experience that enables customers to quickly and instantly access global stock markets, ETF’s, Sukuk and mutual funds portfolios. The development of this platform came in cooperation with (GTN) Middle East Financial Services Company (DIFC) Limited, which is one of the leading companies in the field of trading services in the Middle East, as it combines the foundations of Islamic banking with the latest innovative digital technologies. Since its inception, this platform has been intended for Private Banking and Al Rowad Business Banking customers, and is now available for use by Al Salam Bank’s Retail Banking customers. Rafik Nayed, Group CEO of Al Salam Bank, said: “We are pleased to be able to open the way for all our customers to benefit from the benefits of the “Peace Investment” platform. Through this platform, we hope to provide our valued customers with a wide range of trading and investment opportunities, in addition to benefiting from a number of digital banking services that are characterized by speed, ease and ease of access. We, at Al Salam Bank, will remain committed to offering distinguished and innovative services to give our existing and new customers an exceptional and distinguished banking and investment experience.” For his part, Chief Executive Officer of the Bahrain Bourse, Shaikh Khalifa bin Ebrahim Al Khalifa, said: “We are pleased to welcome Al Salam Bank to join us on the Bahrain Trade platform. The presence of such a reputable banking institution on our platform is in line with our expansion strategy, which contributes to facilitating the access of a larger number of investors by providing them with innovative technical solutions. We believe that this step will encourage many individuals to actively participate in the financial markets.”