Al Salam Bank Plants and Distributes More Than 20,000 Trees Across Bahrain

Al Salam Bank has successfully concluded its 'Inspired to Grow' initiative, which involved planting more than 7,000 trees across Bahrain and distributing plants to more than 13,000 people in the Kingdom.
The initiative aimed to make Bahrain greener by encouraging community involvement in a tree-planting drive to help double the number of trees throughout the Kingdom. Launched in November 2022, the campaign celebrated the Bank's journey of growth and development and emphasized the importance of Environmental, Social, and Corporate Governance (ESG).
Mr. Mahmood Qannati, Head of Marketing and Communications at Al Salam Bank, said: “We are pleased with the success of our ‘Inspired to Grow’ initiative, which contributed to Bahrain's 2060 net zero goals and actively engaged the community in creating a greener Bahrain. This is one of several initiatives we have launched to directly support the Kingdom's Economic Vision 2030 and Sustainable Development Goals (SDGs). ‘Inspired to Grow’ falls under our dedicated social responsibility platform, Al Salam Helping Hands, which integrates ESG practices into our daily operations.”
Mr. Qannati added: “As Bahrain's largest Islamic bank, our commitment to society drives our continued and sustainable growth, enabling us to make a positive impact on communities in the future.'
The 'Inspired to Grow' initiative followed Al Salam Bank's successful completion of a US$2.2 billion transaction with Ithmaar Holding to acquire Ithmaar Bank's consumer banking business and a selection of other assets which cemented Al Salam Bank's position as the Kingdom's largest Islamic Bank. The transition of Ithmaar Bank's consumer banking business to Al Salam Bank was completed at the end of 2022, resulting in an enhanced banking experience for retail clients, who now benefit from a combined workforce and an expanded network of branches and ATMs.
Background Information
Al Salam Bank
Al Salam Bank-Bahrain B.S.C (ASBB) is an Islamic bank headquartered in the Kingdom of Bahrain, and licensed and regulated by the Central Bank of Bahrain.
ASBB was established on 19 January 2006 in the Kingdom of Bahrain with paid-up capital of BD 120 million (US$ 318 million) and commenced commercial operations on 17 April 2006. The Bank was listed on Bahrain Bourse on 27 April 2006 and subsequently on the Dubai Financial Market (DFM) on 26 March 2008.
ASBB completed its merger with the Bahraini Saudi Bank (BSB) on 22 December 2011. On 2 February 2014, Al Salam Bank-Bahrain and BMI Bank B.S.C. (c) confirmed the conclusion of a business combination between the two institutions after obtaining the approval of their shareholders at their respective extraordinary general assembly meetings, and of 30 March 2014 BMI Bank became a wholly owned subsidiary of ASBB.
ASBB offers its customers a comprehensive range of innovative and unique Shari’a-compliant financial products and services through an extended network of branches and ATMs, utilizing the state-of-art technologies to meet various banking requirements. In addition to its retail banking services, the Bank also offers Corporate Banking, Private Banking, Asset Management and Treasury services. The Bank's high-caliber management team is comprised of highly qualified and internationally experienced professionals with proven expertise in key areas of banking, finance, and related fields.