Foreign-owned bank
Al Salam Bank Algeria
Overview
Al Salam Bank Algeria is a fully Islamic bank that started in 2008. Since 2023 its majority shareholder is the Bahrain-listed Al Salam Bank, which raised its stake again in 2024. At end-2025 its total assets were about DA 417 bn, close to Al Baraka.
Cards
Latest developments
- End-2025 compilation put its total assets at about DA 417 bn. algerieinvest.dz ↗
- The bank unveiled a new visual identity aligned with its Bahraini parent. algerie-eco.com ↗
- Al Salam Bank (Bahrain) acquired a majority stake in Al Salam Bank Algeria. algerie-eco.com ↗
Branches by wilaya
No branch address recorded yet for this institution. Addresses come from OpenStreetMap and the institution’s own website and are added every week.
Branch locations © OpenStreetMap contributors (ODbL), plus the institutions’ own websites. Spotted a closed or missing branch? Tell us.
Guides
- International Visa card and the travel allowance in Algeria (2026)
Since July 2026 the 750 € travel allowance is paid onto an international card from your Algerian bank: documents, rules and refunds.
- Send money to Algeria in 2026: start with the real number
Fees are the last number to compare. Start with the DZD received, then check Wise, Western Union, MoneyGram, Remitly, bank payout, CCP access and the official-versus-Square gap.
- How to receive freelance payments in Algeria in 2026
Upwork, Fiverr and foreign clients: what works for someone living in Algeria, what it costs, and why PayPal and crypto are out.
- Buying property in Algeria from abroad: the complete steps
Notary, power of attorney, title checks, bank payment since the 2025 finance law, and the fees on top of the price.
In the press
- Commerce électronique en Algérie : découvrez les solutions digitales d’Al Salam Bank - Algerie360
news.google.com · Oct 20, 2026
- Commerce électronique en Algérie : découvrez les solutions digitales d’Al Salam Bank
algerie360.com · Oct 20, 2026
Banks
Sources
Facts in our own words, each with its source. EXDZ is not affiliated with these institutions. Check rates, fees and opening hours with the institution before you go.