Salam Bank announced record profits for the nine months ended September 30, 2025, with shareholders' net profit increasing by 37.5% year-on-year to reach $154.3 million. This growth is primarily attributed to the strong performance of core banking operations and disciplined balance sheet management. The Group's total assets grew by 14.8% to reach $21.51 billion. Customer deposits increased by 9.1% to $14.81 billion, and the financing portfolio grew by 9.9% to $10.67 billion. Earnings per share rose by 24.4% to 45.9 cents. "These results embody the fruit of discipline and ambition together, as we continue to achieve record profits while developing our operational model to capitalize on the growth in our business," said Sheikh Khalid bin Mishal Al-Mishan, Chairman of the Board of Directors of Salam Bank.
