back Back

Al Salam Bank- Bahrain launches loyalty rewards scheme

By Edil Corneille

February 08, 2021

  • Al Salam Bank
  • Bahrain

ASBB, Al Salam Bank-Bahrain, Al Salam Bank – Bahrain (Al Salam Bank), a regional Islamic bank and provider of a comprehensive range of Shari’a-compliant financial products and services, recently announced the launch of its exclusive Loyalty Rewards Scheme. It aims to reward all customer banking transactions.

The scheme is designed to reward customers for daily transactions, with loyalty points being earned on all banking services. With the Loyalty Rewards Scheme, customers can receive points using any of the bank’s online channels or by signing up for electronic statement or the various products and services offered by Al Salam Bank. Customers may then redeem their collected points in exchange for a wide range of rewards and benefits, including cash-back options, Gulf Air miles, hotel reservations, airline tickets, as well as car rental services worldwide. Customers will also be able to redeem points easily at the bank’s online store and benefit from preferential pricing on banking products and services.

Head of Retail Banking at Al Salam Bank – Bahrain, Mohammed Buhijji said, “We are proud to be the first bank in the Kingdom of Bahrain to launch a loyalty scheme of this kind, strengthening our commitment to providing banking experiences tailored to the needs of individual clients. Our customers deserve the best rewards every day, and through this program we will provide increased opportunities for them to earn loyalty points by rewarding with every transaction they make with us. This initiative comes as a token of our great gratitude to our valued customers, as it is in line with our endeavors to enrich their experience beyond traditional service, and encourage our customers to register to avail the benefits. This scheme is a gamechanger compared to the existing loyalty programs in the banking sector in the Kingdom of Bahrain, where rewards have previously only been offered only against card transactions.”

“We would like to invite everyone to switch their banking transactions to Al Salam Bank- Bahrain, allowing them to collect points with the Loyalty Rewards Scheme, which will allocate a million points in an exclusive offer, for a limited period. We have also taken the initiative to create a special website dedicated to the loyalty scheme, in order for our valued customers to keep record of points, and redeem rewards easily,” Buhijji added. The Al Salam Bank Loyalty Rewards Scheme is expected to transform the banking sector in the Kingdom of Bahrain.

Previous Article

February 08, 2021

53% of Brits improved financial planning during pandemic, says Indesser

Read More
Next Article

February 08, 2021

Irish FinTech Global Shares sets up 17th office in Saudi Arabia

Read More

IBSi Daily News Analysis

South East Asia

February 28, 2024

Al Salam Bank

FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 28, 2024

audax & Thought Machine team to offer digital banking & BaaS solutions

Read More

February 28, 2024

iGTB Intellect deploys its CTX platform for Societe Generale

Read More

February 27, 2024

Šiaulių Bankas taps Temenos to modernize core banking platform

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023