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- :0.4
- :0.38
- ('000):939,589
- (AED '000):366,440
- :1.05
-
509,386 - :0
- :
- 16.31%
- 11.43%
-
21 -
(AED):
198,256.12 - (AED):771,034
- :0.26
- Performance Comparison
- :Dubai Financial Market
- :Financials
- :Micro Cap
- :Insurance
Company Overview
- :13/08/1979
- :AED 939,588,998
- :AED 01
Activities
Islamic Arab Insurance Co. (SALAMA) is a leading provider of Shariah-compliant insurance solutions, commonly known as Takaful. Established in 1979, SALAMA is one of the oldest and largest Takaful companies in the world. It is publicly listed on the Dubai Financial Market (DFM) and is fully regulated by the Central Bank of the UAE. With over 45 years of experience, SALAMA has built a strong reputation for reliability and trust. The company serves more than 450,000 customers and provides coverage worth AED 10 billion. SALAMA offers a variety of personal insurance products, including auto, health, home, and travel insurance. These products are designed to meet the diverse needs of individuals and families while adhering to Shariah principles. The company provides comprehensive corporate insurance solutions such as property, liability, marine, and engineering insurance. These products cater to the specific requirements of businesses across various industries. SALAMA also offers family Takaful plans, which include savings and protection plans designed to secure the financial future of families. SALAMA is committed to delivering exceptional customer service. The company offers online policy management, claims processing, and customer support through its website and mobile app, ensuring a seamless experience for its clients. SALAMA has consistently demonstrated strong financial performance. For instance, the company reported a 67% increase in net profit in the first half of 2024. SALAMA has received numerous awards for its excellence in Takaful solutions. Recent accolades include the Takaful Specialist 2023 & 2024 and the Best Takaful Solutions Brand, UAE-2024. SALAMA is dedicated to contributing to the community through various CSR initiatives. The company engages in activities that promote social welfare, environmental sustainability, and economic development. SALAMA's vision is to be the leader in Takaful, helping communities succeed by instilling peace of mind in individuals and enterprises. The company's mission is to provide Takaful solutions with a focus on service excellence, aiming to be the best company as measured by its customers, employees, and shareholders. With a strong foundation and a commitment to continuous improvement, SALAMA is well-positioned for future growth. The company aims to expand its product offerings, enhance its digital capabilities, and strengthen its market presence in the UAE and beyond.
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Chairman:Fahad A. Al-Qassim
-
Vice-chairman:Fareed L. Al-Harmouzi
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CEO:Mohammed A. Bouabane
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General Manager:
-
Managing Director:
-
Board Members:
Ammar A. M. Jaber
Fareed L. Al-Harmouzi
Mohammed S. Al-Hashmi
Mrs. Maha A. Al-Fahim
Saeed M. Al-Qassimi
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Auditors:
Ernst & Young
Chief Financial Officer (CFO)
General Counsel
Dubai-based Islamic Arab Insurance Company (Salama) reported net profit of AED 30.7 million ($8.36 ...
Read More ...
Salama-Islamic Arab Insurance, the Islamic insurance (Takaful) companies has recorded an increase ...
Read More ...| Announced On | Period | As Of | Net Profit (SAR Mil) | Growth (%) |
|---|---|---|---|---|
| 14/11/2024 | 9-Month | 30/09/2024 | 19 | 4,310.98 |
| 14/08/2024 | 6-Month | 30/06/2024 | 11 | 0 |
| 15/05/2024 | 3-Month | 31/03/2024 | 10 | 144.35 |
| 01/04/2024 | 12-Month | 31/12/2023 | -158 | 0 |
| 14/11/2023 | 9-Month | 30/09/2023 | 00 | -91.85 |
- info@salama.ae
- https://salama.ae
- P.O. Box 10214 Dubai
| Market Cap US$ Mil |
Last Price Local Cry |
Price Change (%) 1 Day |
Price Change (%) 1 Year |
P/E TTM | P/B MRQ | Dividend Yield (%) | Beta | ROA (%) | ROE (%) | |
|---|---|---|---|---|---|---|---|---|---|---|
| BUPAARABIA | 7,059.59 | 174.4 | -1.25 | -9.74 | 22.72 | 6.3 | 0 | 0.88 | 7.41 | 26.44 |
| TAWUNIYA | 5,700.44 | 136 | -4.63 | 25.44 | 22.66 | 5.94 | 0 | 1.09 | 5.66 | 23.76 |
| ALRAJHITAKAFUL | 3,768.31 | 142.8 | 0.99 | 171.63 | 36.03 | 10.2 | 0 | 1.1 | 4.63 | 29.95 |
| RASAN | 1,654.44 | 81.3 | -0.74 | 0 | 95.67 | 0 | 0 | 0 | 0 | 0 |
| QATI | 1,654.21 | 1.84 | -1.08 | -5.42 | 8.37 | 0.05 | 2.99 | 1.1 | 1.2 | 5.21 |
| GINS | 1,163.73 | 1,250 | 0 | -38.39 | 0 | 2.78 | 4.2 | 0.07 | 1.74 | 11.49 |
| SAUDIRE | 1,144.52 | 46 | -4.57 | 158.2 | 8.69 | 5.91 | 0 | 1.05 | 2.32 | 7.74 |
| ADNIC | 983.68 | 6.34 | 0 | 0 | 8.67 | 1.23 | 0 | 0.24 | 3.55 | 12.47 |
| MEDGULF | 624.57 | 21.88 | -1.98 | 93.01 | 14.66 | 1.89 | 0 | 1 | -10.34 | -92.54 |
| AINS | 593.67 | 875 | 4.79 | 24.03 | 0 | 1.51 | 6.62 | 0.13 | 3.79 | 9.34 |
| SUKOON | 465.17 | 3.7 | 0 | 0 | 6.43 | 0.87 | 0 | 0.08 | 1.06 | 4.17 |
| WALAA | 458.35 | 19.84 | -1.88 | 16.16 | 13.27 | 1.48 | 0 | 1.13 | 7.93 | 25.35 |
| ARABIANSHIELD | 378.62 | 17.98 | 1.01 | 14.56 | 17.15 | 0.97 | 0 | 1.09 | 8.66 | 27.25 |
| KUWAITRE | 368.28 | 393 | 0 | 13.99 | 0 | 1.39 | 5.21 | -0.01 | 3.72 | 9.79 |
| QISI | 363.52 | 8.36 | -6.07 | 0.18 | 9.29 | 0.39 | 6.88 | 0.57 | 7.35 | 18.57 |
| DIN | 351.14 | 12.9 | 0 | 71.81 | 10.87 | 2.78 | 0 | -0.1 | 2.56 | 6.85 |
| CHUBB | 350.98 | 42.4 | -3.42 | 49.72 | 67.81 | 3.54 | 0 | 1.13 | 5.57 | 13.53 |
| KINS | 345 | 569 | 0 | 31.11 | 0 | 1.5 | 9.01 | 0.06 | 4.28 | 10.42 |
| DOHI | 328.12 | 2.4 | -0.42 | -0.85 | 6.33 | 0.12 | 5.82 | 0.22 | 4.18 | 7.55 |
| GIG | 325 | 27.35 | 0.92 | 1.4 | 18.72 | 2.29 | 0 | 1.14 | 2.46 | 9.86 |
| LIVA.MSM | 309.82 | 0.27 | -10 | -4.48 | 0 | 0 | 0 | 0.08 | 0 | 0 |
| EIC.ADX | 304.18 | 7.95 | 6.71 | 0 | 0 | 0.96 | 8.33 | 0.03 | 4.16 | 9.85 |
| QGRI | 271.64 | 1.06 | -7.02 | 6.7 | 34.44 | 0.01 | 5.06 | 0.3 | 0.68 | 1.06 |
| JAZIRATKFL | 265.24 | 14.64 | -2.92 | 2.97 | 27.66 | 1.38 | 0 | 1.11 | 5.1 | 7.97 |
| NGI | 257.72 | 5.4 | -5.93 | 3.13 | 7.8 | 1.9 | 0 | 0 | 2.65 | 7.28 |
| MUTAKAMELA | 246.89 | 15.1 | -2.21 | 5.66 | 61.08 | 1.27 | 0 | 1.06 | 1.46 | 12.2 |
| WATANIYA | 236.65 | 21.8 | -1.81 | 32.04 | 8.7 | 2.09 | 0 | 1.05 | 5.82 | 24.29 |
| AWNIC | 223.13 | 3.96 | 0 | 0 | -12.72 | 0.98 | 0 | 0.06 | 4.05 | 6.88 |
| ARIG | 211.2 | 0.96 | 0 | 0 | 8.38 | 0.82 | 10.1 | 0.03 | 0.86 | 3.8 |
| BEMA | 208.04 | 3.82 | 0 | 2.79 | 9.03 | 0 | 0 | 0 | 0 | 0 |
| ALETIHAD | 203.61 | 15 | -1.84 | 0 | 9.56 | 0 | 0 | 0 | 0 | 0 |
| MALATHINSURANCE | 188.95 | 13.94 | -1.7 | 3.21 | 27.33 | 6.47 | 0 | 1.07 | -0.49 | -5.25 |
| QLMI | 188.7 | 1.9 | -4.05 | -9.11 | 10.65 | 0 | 0 | 0 | 0 | 0 |
| GULFUNIONALAHLIA | 184.93 | 14.98 | -0.93 | 15.54 | 9.35 | 1.45 | 0 | 1.06 | 4.41 | 16.62 |
| ABNIC | 183.74 | 2.7 | 0 | 0 | 0 | 1.04 | 0 | -0.07 | 2.19 | 6.02 |
| AICC | 181.92 | 13.04 | 1.24 | -5.74 | 15.22 | 1.34 | 0 | 0.99 | 2.15 | 6.89 |
| LIVA | 167.79 | 15.44 | -1.91 | -7.72 | 22 | 1.77 | 0 | 1.12 | 4.74 | 10.5 |
| TKFL | 167.77 | 5.3 | -9.72 | 0 | 5.81 | 1.95 | 4 | -0.14 | 5.39 | 16.79 |
| AKHI | 160.57 | 2.29 | -0.87 | -14.62 | 7.79 | 0.12 | 4.88 | 0.36 | 1.13 | 2.27 |
| BURUJ | 149.35 | 18.46 | -1.18 | 12.39 | 40.91 | 1.22 | 0 | 1.1 | 10.12 | 31.24 |
| BNH | 143.85 | 0.48 | 0 | 0 | 10.28 | 1.12 | 3.88 | 0.04 | 4.3 | 7.72 |
| DHAFRA | 132.29 | 4.86 | 0 | 0 | 10.4 | 1.45 | 0 | -0.08 | 3.14 | 10.13 |
| BKIC | 128.38 | 0.34 | 0 | 0 | 10.12 | 0.71 | 6.12 | -0.08 | 1.42 | 7.42 |
| SAICO | 125.84 | 15.64 | -0.64 | 24.68 | 9.69 | 1.19 | 0 | 1.06 | 3.42 | 14.39 |
| ALSAGRINSURANCE | 123.76 | 15.06 | -2.72 | 22.66 | 16.37 | 0.82 | 0 | 1.08 | 1.22 | 2.93 |
| ALAIN | 122.49 | 30 | 0 | 0 | 0 | 0.39 | 3.33 | -0.04 | 0.89 | 4.23 |
| DNIR | 120.41 | 3.83 | 0 | -16.44 | 10.16 | 0.89 | 0 | 0.03 | 5.66 | 10.02 |
| ACIG | 111.21 | 14.82 | 3.34 | 25.26 | 8.72 | 2.1 | 0 | 1.01 | 2.02 | 7.98 |
| AMANAINSURANCE | 111.16 | 9.39 | -3.2 | -1.2 | 52.07 | 1.06 | 0 | 1.24 | 2.44 | 8.65 |
| RAKNIC | 108.94 | 3.3 | 0 | 0 | 0 | 1.51 | 0 | -0.02 | 4.14 | 13.97 |
| ALLIANCE | 106.16 | 390 | 0 | 0 | 0 | 0.85 | 0 | 0 | 3.59 | 10.4 |
| SALAMA.DFM | 99.74 | 0.39 | 0 | -8.73 | -2.62 | 0.65 | 0 | 1.05 | 1.35 | 6.71 |
| UCA | 97.11 | 8.83 | -3.08 | 22.99 | 18.44 | 1 | 0 | 0.99 | 4.36 | 15.87 |
| BKIKWT | 93.61 | 191 | 0 | 0 | 0 | 0 | 0 | -0.04 | 0 | 0 |
| ORIENT | 90.23 | 66.3 | 0 | 0 | 0.51 | 0.14 | 0 | 0 | 5.28 | 14.46 |
| WINSRE | 87.2 | 154 | 0 | 50.93 | 0 | 0.64 | 16.34 | 0.33 | -4.25 | -8.4 |
| SALAMA | 84.96 | 15.56 | -2.39 | 0 | 13.39 | 1.65 | 0 | 1.12 | 6.59 | 24.57 |
| ORIC | 77.18 | 0.09 | 0 | 0 | 14.06 | 0 | 0 | 0 | 0 | 0 |
| AFNIC | 76.08 | 210 | 0 | 0 | 0 | 0.99 | 0 | 0 | 5.59 | 12.64 |
| GULFGENERAL | 72.83 | 8.92 | -2.09 | 5.44 | -26.65 | 0.88 | 0 | 1.21 | 4.81 | 12.27 |
| FIDELITYUNITED | 69.68 | 1.6 | 0 | 0 | 0 | 1.7 | 0 | 0 | 0.3 | 0.92 |
| ENAYA | 65.46 | 10.48 | -1.88 | -13.64 | -14.75 | 1.33 | 0 | 1.21 | -3.77 | -8.59 |
| SUKOONTAKAFL | 64.97 | 1.55 | 0 | -65.38 | 11.45 | 0.8 | 0 | 0.03 | 4.03 | 8.06 |
| DICS | 64.31 | 0.22 | 0 | 9.52 | 5.76 | 2.69 | 0 | 0.13 | -1.1 | -7.19 |
| FTI | 63.3 | 173 | -4.42 | -31.06 | 0 | 1.57 | 0 | 0.01 | 13.45 | 19.88 |
| SICO | 61.76 | 1.65 | 0 | 0 | 0 | 1.04 | 0 | 0.01 | 10.26 | 17.29 |
| OUIC | 59.63 | 0.23 | 0 | 0 | 9.91 | 0.82 | 0 | 1.22 | 2.72 | 10.66 |
| OQIC | 57.03 | 0.22 | 0 | 16.04 | 16.79 | 0 | 0 | 0.04 | 0 | 0 |
| TAKAFULEM | 54.71 | 1.28 | -4.48 | 136.18 | 4.52 | 1.22 | 0 | 0.39 | 0.52 | 3.98 |
| UNION | 54.05 | 0.6 | 0 | 0 | 0 | 0.65 | 0 | 0.14 | 0.48 | 2.86 |
| SOLID | 53.92 | 0.33 | 0 | 0 | 7.62 | 1.56 | 0 | 0.03 | -2.03 | -5 |
| WATANIA | 48.15 | 0.67 | -1.48 | 0 | 6.18 | 0 | 0 | 0.68 | 0 | 0 |
| ASNIC | 41.32 | 0.66 | 0 | -0.45 | -1.76 | 0.34 | 0 | 0.04 | 0.54 | 1.41 |
| AMAT | 36.29 | 0.08 | 0 | -6.67 | 8.42 | 0.57 | 0 | 1 | 1.24 | 9.37 |
| AFIC | 32.14 | 0.12 | 0 | 0 | 7.84 | 0 | 0 | 0.14 | 0 | 0 |
| IH | 27.48 | 0.85 | 0 | 0 | 0 | 1.17 | 0 | -0.01 | 1.61 | 4.72 |
| METHAQ | 26.54 | 0.65 | 0 | 0 | 0 | 1.27 | 0 | 0.45 | 3.1 | 20.9 |
| AMAN | 22.12 | 0.36 | 0 | -18.09 | -3.58 | 1.05 | 0 | 0.53 | -1.23 | -19.5 |
| TAKAFUL | 18.15 | 0.11 | 0 | -6.25 | 6.11 | 1.06 | 0 | 0.1 | 0.52 | 3.12 |
| TAOI | 16.59 | 0.04 | 0 | 0 | 10 | 0.26 | 0 | 0.24 | 8.15 | 13.81 |
| MCTI | 14.58 | 0.51 | 0 | -13.51 | 34 | 0.31 | 0 | 0.04 | 2.57 | 8.13 |
| WETHAQ | 14.43 | 38.9 | -2.51 | 67.72 | 0 | 0.38 | 0 | 0.29 | 3.29 | 3.31 |
| AKIC | 6.53 | 0.24 | 0 | 0 | -0.41 | 0.68 | 0 | -0.03 | -19.63 | -93.13 |
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia