Al Salam Bank and Diyar Al Muharraq Sign Strategic Partnership

Al Salam Bank has announced a strategic partnership with Diyar Al Muharraq to provide integrated financing solutions for clients seeking to purchase residential plots within Al Nuzha, Diyar Al Muharraq’s latest residential development, reinforcing both organizations’ shared focus on supporting home ownership opportunities and facilitating access to long-term residential investment in Bahrain.

Located within the Northern Islands of Diyar Al Muharraq, Al Nuzha represents one of Bahrain’s newest residential destinations, comprising 126 residential plots that offer future homeowners the opportunity to secure land and build within one of the Kingdom’s most prominent master-planned communities.

Under the partnership, clients financing their property purchase through Al Salam Bank will benefit from a fast and seamless financing process, competitive profit rates, an optional six-month grace period, eligibility to participate in the Bank’s “Settle Your Finance” campaign, subject to applicable terms and conditions, in addition to loyalty reward benefits, providing clients with greater flexibility and convenience throughout their home ownership journey.

Commenting on the partnership, Anwar Murad, Deputy GCEO – Banking of Al Salam Bank, said: “This partnership reflects our continued focus on developing practical financing solutions that support our clients’ long-term aspirations while making home ownership more accessible and convenient. Through our collaboration with Diyar Al Muharraq, we are providing an integrated financing solution designed to simplify the property acquisition journey while delivering greater flexibility, convenience, and long-term value for our clients.”

Eng. Ahmed Ali Al Ammadi, Chief Executive Officer of Diyar Al Muharraq, added: “We are pleased to partner with Al Salam Bank on this strategic collaboration, which broadens access to Al Nuzha as one of our latest residential developments. This partnership enables prospective homeowners to benefit from integrated financing solutions that support their long-term housing aspirations while reinforcing our focus on developing high-quality residential communities that meet evolving market demand and contribute to Bahrain’s ongoing urban development.”

This partnership reflects Al Salam Bank’s continued focus on developing financing solutions that address evolving client needs while supporting Bahrain’s growing real estate sector through strategic collaborations that create long-term value for clients and contribute to the Kingdom’s broader economic development.