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03/03/2009 00:00 AST
Salama-Islamic Arab Insurance, the Islamic insurance (Takaful) companies has recorded an increase of 74 per cent growth in the premium revenue in 2008.
Dr. Saleh Malaikah, Vice-Chairman & CEO of SALAMA said: "The premium growth in UAE can be attributed to the
increasing awareness of the benefits of Shariah compliant insurance."
Meanwhile, the Takaful has made some key reorganisation in its top level management. The reorganisation is part of a major shake-up of the business as it registers increase in customer base and premium collection.
"This change is part of SALAMA's growth strategy to become a major player in the UAE market and a customer focused organisation. The reorganisation would provide us with a bigger part of a market that's still growing despite the shortfall of liquidity, while the new talent will bring fresh perspective into the boardroom", Malaikah said. Noel D'Mello said:" Its been lucky to have a professional and enthusiastic team supporting me and in my new role I plan to take the business to greater heights. My sincere thanks go out to the excellent Distribution Partners who support us in distributing the Family Takaful products across the UAE and I look forward to supporting them even more in my new role."
Khaleej Times
06/06/2011
Dubai-based Islamic Arab Insurance Company (Salama) reported net profit of AED 30.7 million ($8.36 million) for Q1 2011, a significant y-o-y and q-o-q improvement from a net loss of AED 4.4 million (
CPI Financial
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 400.20 | 0.10 (0.02 |
| FAB | 17.94 | -0.02 (-0.12 |
| EMIRATESNBD | 26.70 | -0.20 (-0.75 |
| ADCB | 15.80 | 0.24 (1.54 |
| ADIB | 23.34 | -0.10 (-0.43 |
08/08/2025
Burjeel Holdings, a leading super-specialty healthcare services provider in MENA, has delivered a strong top-line growth of 18.7% to AED1,403 million ($381.98 million) in Q2 2025, driven by a 12.1% i
Trade Arabia
08/08/2025
Saudi Arabian Mining Company (Maaden) has reported a 73% jump in its net profit for the first half, which soared to SAR3.47billion ($924 million) from SAR2.01 billion ($535 million) last year, mainly
Trade Arabia
08/08/2025
Market heavyweight Industries Qatar (IQ) - the holding entity of Qatar Petrochemicals, Qatar Fertiliser and Qatar Steel - has reported net profit of QR2bn in the first half (H1) of 2025.
The
Gulf Times
08/08/2025
Aramex reported group revenues of Dh3.06 billion for the first half of 2025, marking a 1% year-on-year increase, as growth in domestic and regional logistics offset weakness in international express
Gulfnews
08/08/2025
Parkin Company PJSC, the city's largest paid public parking provider, reported a record 56% year-on-year rise in Q2 2025 revenue to Dh320 million, driven by higher public parking tariffs, strong enfo
Gulfnews
Financial Information Co.
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