{"data":{"id":"a2dc9c47-71d6-44cd-8c2c-4f1fc487bb5a","type":"article","translation_group_id":"a2dc9c47-67c1-45da-a823-4eb5fb554715","language":"en","content_type":"announcement","title":"Al Salam Bank cuts indirect Solidarity stake to 45% after 10.91% exit","dek":"The Bahrain-listed bank told Bahrain Bourse and Dubai Financial Market the partial exit has no material P&L impact beyond reclassifying SGH as an associate in its Q3 2026 consolidated statements.","slug":"salam-bah-partial-exit-sgh-stake-29-sep-2026","published_at":"2026-09-29T11:11:24+00:00","updated_at":"2026-09-30T08:09:04+00:00","primary_category":{"id":"5","type":"category","key":"banking","name":"Banking & Finance","slug":"banking-finance","summary":"Banks, finance companies, insurers, sukuk, and monetary-policy-linked financial news.","seo_title":"Banking & Finance | Capital Wire","meta_description":"Banks, finance companies, insurers, sukuk issuances, and monetary-policy-linked financial news across UAE and broader GCC markets."},"featured_media":{"id":"a2dc9d00-38e7-41fd-982b-f203aeb3a5e1","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8.webp 1200w","width":1200,"height":630,"alt":"Al Salam Bank cuts indirect Solidarity stake to 45% after 10.91% exit","caption":"SALAM-BAH Solidarity stake \u2014 Capital Wire cover","credit":"Capital Wire","license":"operator-supplied","ai_generated":false},"entities":[{"id":"a2d6a017-7e77-4085-9b5d-f77cda9afe52","type":"entity","entity_type":"company","collection":"companies","name":"Al Salam Bank B.S.C","slug":"al-salam-bank-bsc","ticker":"SALAM-BAH","is_primary":true}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":"Al Salam Bank B.S.C. completed a partial exit of a 10.91% indirect shareholding in Solidarity Group Holding B.S.C. (c), leaving an indirect stake of 45%, down from 55.91%, in a disclosure dated 29 September 2026 filed with Bahrain Bourse and Dubai Financial Market. The bank said the exit has no material financial impact other than reclassifying SGH from a subsidiary to an associate in the Q3 2026 consolidated statements.","key_points":["Al Salam Bank B.S.C. completed a partial exit of a 10.91% indirect shareholding in Solidarity Group Holding B.S.C. (c), disclosed on 29 September 2026.","Al Salam Bank\u2019s remaining indirect stake in Solidarity Group Holding stands at 45%, down from 55.91%.","Al Salam Bank said the exit has no material financial impact other than reclassifying SGH from a subsidiary to an associate in the third-quarter 2026 consolidated financial statements.","Al Salam Bank\u2019s 29 September 2026 disclosure was signed by Ali Yusuf AlKhaja, Chief Compliance Officer, and listed no previous relevant disclosures."],"body":[{"type":"paragraph","text":"According to a material-information disclosure filed with Bahrain Bourse and Dubai Financial Market, Al Salam Bank B.S.C. has completed a partial exit of a 10.91% indirect shareholding in Solidarity Group Holding B.S.C. (c) (SGH)."},{"type":"paragraph","text":"The bank\u2019s remaining indirect stake in SGH stands at 45%, down from 55.91%. It said the exit has no material financial impact other than reclassifying SGH from a subsidiary to an associate in the third-quarter 2026 consolidated financial statements."},{"type":"paragraph","text":"The disclosure is dated 29 September 2026 and signed by Ali Yusuf AlKhaja, Chief Compliance Officer. The bank listed no previous relevant disclosures on the matter."}],"seo":{"seo_title":"Al Salam Bank: Solidarity stake cut to 45% | Capital Wire","meta_description":"Al Salam Bank completed a 10.91% indirect exit from Solidarity Group Holding, leaving a 45% stake and an associate reclassification in Q3 2026 accounts.","og_title":"Al Salam Bank: Solidarity stake cut to 45% | Capital Wire","og_description":"Al Salam Bank completed a 10.91% indirect exit from Solidarity Group Holding, leaving a 45% stake and an associate reclassification in Q3 2026 accounts.","social_image":{"id":"a2dc9d00-38e7-41fd-982b-f203aeb3a5e1","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/e4ed97baf8ad368fdb92a64f444cb64b522d17db9aca452f5c7267cf2f0d5bb8.webp 1200w","width":1200,"height":630,"alt":"Al Salam Bank cuts indirect Solidarity stake to 45% after 10.91% exit","caption":"SALAM-BAH Solidarity stake \u2014 Capital Wire cover","credit":"Capital Wire","license":"operator-supplied","ai_generated":false}},"secondary_category":null,"topics":[{"id":"2","type":"topic","key":"dfm","name":"DFM","slug":"dfm","summary":"Dubai Financial Market listings, filings, index moves, and exchange developments.","seo_title":"DFM Market News | Capital Wire","meta_description":"Coverage of Dubai Financial Market listings, corporate filings, index moves, and DFM exchange developments for market readers."}],"tags":[],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a2dc9c47-78d5-41a0-9e0f-947894ef2576","url":"https:\/\/www.dfm.ae\/the-exchange\/market-information\/disclosures\/0423109a-f9e9-470e-a764-04b6d7e0c4a1","publisher":"DFM Disclosures","title":"DFM disclosure page","source_published_at":null,"claim":null},{"id":"a2dc9c47-7de9-4d3f-aa01-30f57b748d01","url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Sep\/29\/0423109a-f9e9-470e-a764-04b6d7e0c4a1\/Disclosure%20Of%20Material%20Info%20%20%20SOL%20%20%20Signed.Pdf.pdf","publisher":"feeds.dfm.ae","title":"DFM signed PDF","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/www.dfm.ae\/the-exchange\/market-information\/disclosures\/0423109a-f9e9-470e-a764-04b6d7e0c4a1","source_id":"a2d6a04f-4281-4a86-99f6-c4f7abd81d81","label":"DFM disclosure page","publisher":"DFM Disclosures"},{"url":"https:\/\/feeds.dfm.ae\/documents\/2026\/Sep\/29\/0423109a-f9e9-470e-a764-04b6d7e0c4a1\/Disclosure%20Of%20Material%20Info%20%20%20SOL%20%20%20Signed.Pdf.pdf","source_id":null,"label":"DFM signed PDF","publisher":"feeds.dfm.ae"}],"corrections":[],"translations":[{"language":"ar","slug":"salam-bah-partial-exit-sgh-stake-29-sep-2026","published_at":"2026-09-29T11:11:24+00:00","is_current":false},{"language":"en","slug":"salam-bah-partial-exit-sgh-stake-29-sep-2026","published_at":"2026-09-29T11:11:24+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"209b99f3-ec35-462b-95ea-267ecec0b269","locale":"en"},"errors":[]}