Page 28 - Mia Magazine
P. 28
erview

Open 15 new branch of the bank in the various
states of the country including the South soon
Algeria-Salam Bank launches “Salam run” loans to
Hyundai

The Salam Bank of Algeria to contract with the company, particularly
-

ing is compatible with the provisions of Islamic law for the acquisi-
tion of Hyundai cars manufactured by Tahkot company, as revealed
by Ms. Khoutir Hezam responsible marketing cell communication and
provide products Bank Salam in Algeria dialogue summarized it, “Mia,”
the magazine said, adding that the bank is expanding its network in
the southern states during 2017.

SARAH OUBRAHEM / Translated by LEZIAR Amira
Here the full text of the interview:

Mia Magazine: “Sharia” Supervisory. conversion, collections and rewards-
What are the most important services based and international guarantees.
Salam Algeria Bank. El Salam to the customer in light of There was “My wish” service which is
Al Salam Bank: competition in the Algerian market? a customer opens a savings account
Al Salam Bank began to carry on its The fact that there is competition and through Salam, speculation, interest
activities in 2008 with a capital of as investment in this area, but the Salam and funds are customer takes them
much as B7.9 billion dinars to bump Bank of Algeria was able to have a 60 percent and 40 percent, the bank
up within a year to 10 billion dinars, B and all of these transactions are held
Daly Brahim branch in the capital and - according to Islamic law as it is.
then Bab Ezzouar branch, and is an and keep up with the various devel- Concerning loans, what the Bank pro-
Algerian Gulf partnership, with more opments and economic transforma- vides to the customer in this area?
than 20 shareholder from Lebanon, Actually Algerian Al Salam Bank
UAE and etc. and we provide more Supervisory Board of the Bank of opened a loan service to the cus-
than 266 jobs at the bank, and we tomer, then came this service display
have more than 4,000 customers, Sales order, selling peace, leasing, after the re-activation of consumer
including individuals but mostly manufacturing, participation, specu- loans, where dubbed “Salam facilita-
companies. lation “, in addition to these products tion”“El Salam Tassier” as easy bank
El Salam Bank of Algeria is commit- the Bank provides a range of products dealers to display through the acqui-
ted to the provisions of Islamic law that facilitate the implementation sition of all it is a factory or a com-
in all its services and operations, and of foreign trade operations and thus pound in Algeria for individuals citi-
is presented to dealers has members the aspirations of its customers in the zens of them in the various branches
and professionals and institutions a framework of payment methods free and non-citizens, and is a loan can be
provided in the automotive and elec-
- tro-household appliances together.
the organization of “Fatwa” and law

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