SSUD icon

SSUD

0.567 AED

+0.00%

Today

+1.43%

1D

Market is closed

Sun

Closed

Mon

9:00 AM ~ 1:45 PM

Tue

9:00 AM ~ 1:45 PM

Wed

9:00 AM ~ 1:45 PM

Thu

9:00 AM ~ 1:45 PM

Fri

9:00 AM ~ 1:45 PM

Sat

Closed

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Information

Name

Al Salam Bank Sudan

Currency

AED

Standard Leverage

1X

Lightning Icon

Market Cap

64.88M

Avg Daily Volume

70.37K

52 Week High

0.716 AED

52 Week Low

0.53 AED

Trading Hours

See hours

Business Summary

Al Salam Bank - Sudan provides commercial banking products and services. It offers current, saving, and investment deposit accounts, as well as money transfer and safe deposit boxes services. The company also provides letters of credit and letters of guarantee; syndicated financing; and Musharaka, Mudaraba, Ijarah, Istisna, and Murabaha services. In addition, it offers mobile, banking messages, and internet banking, as well as ATM services. Al Salam Bank - Sudan was founded in 2004 and is based in Khartoum, Sudan.

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Frequently Asked Questions

What are financial stocks?

Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.


How do interest rates affect financial stocks?

Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.


Why are financials important in a trading portfolio?

Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.


What risks are associated with financial sector investing?

Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.