Activities
Al Salam Bank-Sudan (also known as: Al Salam Bank) is a public company, listed on Dubai Financial Market and Khartoum Stock Exchange since June 2008. The bank was established in December 2004 and is headquartered in Khartoum, Sudan. It is an Islamic banking and financial services provider,offering commercial banking services according to the Islamic rules and principles. Al Salam bank operates within the banking sector, and has two subsidiaries operating across Algeira and Sudan, working on diversified real estate activities. The bank offers its services through four business segments: the Banking Services section includes retail banking, which deals in saving, current and time deposit accounts, and money transfer; corporate banking, which deals in letters of guarantee and murabaha, letters of credit (LC); electronic services, which include mobile banking, phone banking and internet banking, etc.; investments segment, which includes mudaraba, musharaka, Istisnaa, Ijara, wakalaand syndication; the Islamic sharia banking segment, which includes murabaha goods, murabaha cars, ijara, murabaha calculator and the Trust Services segment, which includes lockers, offering of safe deposit boxes, etc. The bank operates through its head office in Khartoum and another branch there. The company also holds investments in other companies and has related partnerships with them.
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