Al Salam Bank has launched Bahrain Trade, an addition to its digital investment platform, Al Salam Invest, which allows retail clients to digitally trade in Bahrain Bourse securities online. The platform, launched last year, is accessible through the bank’s mobile application and features a customisable, user-friendly interface in English or Arabic. Clients can execute trades in real-time and view comprehensive overviews of their portfolios. Al Salam Invest also offers access to global markets and a range of financial instruments including equities, ETFs, sukuk and mutual funds.
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The platform was developed in collaboration with GTN Middle East Financial Services and combines Islamic banking fundamentals with digital technology. It was previously exclusive to private banking and Al Ruwad clients, but is now available to all retail banking clients of Al Salam Bank.
Al Salam Bank group chief executive Rafik Nayed said the platform offers clients the opportunity to explore a wide range of investments in addition to digital banking services. Meanwhile, Bahrain Bourse chief executive Shaikh Khalifa bin Ebrahim Al Khalifa welcomed Al Salam Bank to Bahrain Trade, saying the move was in line with Bahrain Trade’s network expansion strategy to facilitate investor access through technology-driven solutions.