Allam Bank BSC (DFM:SALAM_BAH) Tax Rate % : 3.36% (As of Mar. 2024)

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What is Allam Bank BSC Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Allam Bank BSC's Tax Expense for the three months ended in Mar. 2024 was د.إ15 Mil. Allam Bank BSC's Pre-Tax Income for the three months ended in Mar. 2024 was د.إ454 Mil. Therefore, Allam Bank BSC's Tax Rate % for the quarter that ended in Mar. 2024 was 3.36%.

Allam Bank BSC Tax Rate % Historical Data

The historical data trend for Allam Bank BSC's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Allam Bank BSC Tax Rate % Chart

Allam Bank BSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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8.56

Allam Bank BSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															-	9.71	11.59	10.89	3.36

Allam Bank BSC Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Allam Bank BSC's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	43.939	/	513.424
	=	8.56 %

Allam Bank BSC's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	15.241	/	453.991
	=	3.36 %

Allam Bank BSC Tax Rate % Related Terms

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Allam Bank BSC (DFM:SALAM_BAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Salam Bank BSC (DFM:SALAM_BAH) » Definitions » Tax Rate %

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SALAM:Bahrain

Address

Burj Al Khair 3, P.O.Box 18282, Manama, BHR

Website

https://www.alsalambank.com

Al Salam Bank BSC is a banking corporation operating in Bahrain. It provides various Islamic banking products and services in the Kingdom of Bahrain. The company offers money market, trading, and treasury services, including short-term commodities, managing portfolios, and serving clients with a range of investment products, funds, and alternative investments. Besides, it also manages the un-deployed capital of the company by investing it in high-quality financial instruments. The company's reportable segments namely Banking, Treasury, Takaful and Investments. It generates maximum revenue from the Banking segment.

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