Al Salam Bank (Sudan) - ALSALAMSUDAN

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Al Salam Bank (P.J.S.C.) is a prominent Islamic bank based in Khartoum, Sudan. Established on December 28, 2004, the bank began its commercial operations in May 2005. It operates under the principles of Islamic banking, providing a wide range of financial services to individuals, businesses, and institutions. Al Salam Bank offers various types of current and saving accounts tailored to meet the needs of its customers. The bank provides time deposit accounts with competitive profit rates, adhering to Islamic banking principles. Customers can utilize the bank's money transfer services for both domestic and international transactions. Al Salam Bank offers convenient banking services through its network of ATMs and online banking platform. The bank provides financing solutions based on Musharaka (partnership) and Mudaraba (profit-sharing) principles. Al Salam Bank offers Ijara services, allowing businesses to lease equipment and assets. The bank facilitates international trade by providing letters of credit and guarantee services. The bank offers a range of treasury services, including liquidity management and investment solutions. Al Salam Bank participates in syndicated financing, collaborating with other financial institutions to fund large projects. Al Salam Bank is listed on the Dubai Financial Market (DFM). The bank has a market capitalization of approximately AED 72.159 million. The stock has shown varied performance over the years, reflecting the bank's operational and market dynamics. Al Salam Bank aims to be a leader in Islamic banking by continuously innovating and expanding its range of services. The bank is dedicated to supporting the economic development of Sudan and providing financial solutions that align with the values and needs of its customers.