BAHRAIN

Bahrain’s Al Salam Bank partners with Edamah

Strategic Alliance Unlocks Luxurious Beachfront Living in Bahrain.

(Image Source)

GLO

In a significant move within Bahrain’s real-estate and Islamic-finance sectors, Al Salam Bank has entered into a strategic partnership with Edamah, the property-development arm of the sovereign wealth fund Mumtalakat, to offer Sharia-compliant financing for residences in the sought-after Tivoli Residences at Bilaj Al Jazayer beachfront development.

Tailored Financing for Premium Lifestyle

Through the collaboration, Al Salam Bank will deliver financing solutions designed specifically for individuals seeking a high-end waterfront lifestyle. The key features of the financing package include:

• A grace period of up to six months before principal repayments begin.

• Competitive annual profit rates aligned with market benchmarks.

• Loyalty rewards linked to the bank’s broader customer programs.

• Instant approval processes and a streamlined application experience.

Edamah’s Chief Executive Officer, Khalid Al Majed, said, “We are pleased to announce our partnership with Al Salam Bank, through which we will facilitate homeownership by offering flexible real-estate financing solutions tailored to meet the needs of a broad range of clients.”

Similarly, Anwar Murad, Al Salam Bank’s Deputy Group Chief Executive Officer for Banking, commented, “This collaboration aligns with our strategy to provide exceptional financing offers that meet the aspirations of individuals seeking homeownership in prestigious locations. At Al Salam Bank, we remain committed to enriching our clients’ experience through innovative financial solutions that reflect their ambitions and lifestyle.”

About the Development — Tivoli Residences at Bilaj Al Jazayer

Located within the premium waterfront district of Bilaj Al Jazayer, Tivoli Residences offers a selection of one- to three-bedroom apartments, duplexes, and penthouses — each providing sea, courtyard, or city views.

The project is designed to international standards, providing residents with a refined living experience complemented by world-class amenities such as:

• A rooftop infinity pool with panoramic sunset views.

• A landscaped central courtyard.

• A fully equipped fitness centre and dedicated children’s play area.

• A multi-purpose family hall and stylish lobbies.

• 24-hour security and concierge services for peace of mind.

Edamah describes Tivoli Residences as a model for modern living — one that integrates community, sustainability, and luxury while creating long-term value for both residents and investors.

Wider Market Context and Strategic Significance

The partnership underscores a broader trend in Bahrain’s housing-finance and real-estate sectors: banks and developers are increasingly collaborating to deliver tailored, Sharia-compliant home-ownership solutions linked to premium developments.

Earlier this year, Al Salam Bank also signed agreements with other developers to provide similar offerings — featuring grace periods, competitive profit rates, and loyalty-based benefits — as part of its effort to simplify the path to homeownership.

This synergy between financial institutions and property developers reduces barriers for buyers while boosting accessibility to high-value residential projects. For banks, such partnerships help attract affluent clients and expand their financing portfolios. For developers like Edamah, they enhance project appeal and drive sales momentum.

Implications for Buyers and Investors

For prospective buyers or investors in Tivoli Residences, this partnership offers several advantages:

• The six-month grace period provides flexibility and financial breathing room.

• Sharia-compliant financing appeals to those seeking ethical, Islamic-based financial options.

• The combination of prestigious location, integrated amenities, and flexible financing enhances the property’s attractiveness as both a home and an investment asset.

• The simplified approval process helps buyers secure their new homes faster.

Buyers should, however, remain aware of factors such as total ownership costs, maintenance fees typical of resort-style developments, and evolving property-market dynamics. Evaluating the terms of the financing product — including profit rate, tenure, and early repayment options — remains essential.

Outlook

As Bahrain continues to strengthen its position as a luxury real-estate hub within the GCC, partnerships like this highlight the country’s progress toward integrated, client-centric property solutions.

For Al Salam Bank, collaborating with Edamah on Tivoli Residences reinforces its mission to expand its property-financing offerings and support clients’ homeownership aspirations in prime locations. For Edamah, the alliance boosts the visibility and accessibility of one of its flagship developments.

The new partnership between Al Salam Bank and Edamah marks a milestone in Bahrain’s evolving real-estate financing landscape. By combining flexible financing terms, competitive rates, and seamless customer experiences, the initiative opens doors to luxurious beachfront living at Bilaj Al Jazayer.

For homebuyers, it represents a chance to secure a residence that blends exclusivity, comfort, and investment potential — and for Bahrain’s property market, it reflects growing innovation and confidence in the island’s premium housing sector.

Source: GLO