Al Salam Bank Algeria is a bank founded in 2006 that operates under Algerian law and adheres to Sharia principles in all transactions. It received approval from the Bank of Algeria in September 2008. The bank follows a clear strategy aligned with the requirements of economic development across vital sectors in Algeria, offering products certified by a Sharia committee comprising eminent ULEMAS (specialists) in Sharia and the economy. The bank operates in the Finance, Financial Services, and Banking industries. Despite not having publicly disclosed the latest investment or investors, the bank's alignment with Sharia principles and focus on economic development in Algeria makes it an intriguing prospect for potential investors in the finance sector.
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