The Salaam Bank (SB) is a bank headquartered in city of Bosaso, the commercial hub of Puntland in the Bari region.
Overview
Salaam Bank was established in February 2011.[1]
As a financial institution, the bank provides personal banking and corporate banking. Its Islamic banking services and facilities include Mudarabah, Murabaha, Musharakah and Istisna'a. Additionally, the bank offers electronic banking, SMS banking, mobile banking and internet debit.[2]
In August 2011, the bank also launched an independent (Kaaftoon) service partnering the institution with Golis Telecom Somalia.[3]