last updated on: 25 April 2016

Islamic Arab Insurance Co. (Salama)

Also known as: IAIC, Salama

last trade: 0.485 AED (29 September 2016) 0.000

fast facts

Country UAE Ownership Type Publicly Listed
ID Stock Type Currency Exchange Symbol

Contact details

Primary address
Plot 319-0145, Spectrum Building
Sheikh Rashid Road
4th Floor
Oud Metha Area

Zawya industry classifications

SECTOR (Definitions) INDUSTRY (Expand All)
  • Financial Services
    1. Insurance
      1. Non-life Insurance
        1. Islamic (Primary Industry)
      2. Life Insurance
        1. Conventional
      3. Reinsurance
        1. Islamic


  • Name availableChairman
  • Name availableVice Chairman
  • Name availableDirector
  • Name availableDirector
  • Name availableDirector
  • Name availableChief Executive Officer
  • Name availableActing General Manager
  • Name availableGeneral Manager, Family Takaful
  • Name availableAssistant General Manager, Finance and Accounts
  • Name availableAssistant General Manager, Sales
  • Name availableHead of Legal and Corporate Affairs
  • Name availableHead of Medical Business
  • Name availableSenior Manager, Finance and Accounts
  • Name availableSenior Manager, Bancassurance
  • Name availableSenior Manager, New Business and Underwriting
  • Name availableHuman Resources Manager
  • Name availableInformation Technology Manager

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Islamic Arab Insurance Company (Salama) - Result Update 1Q11

05 June 2011· Significant improvement in net profit· Steady increase in gross written premiums· Higher retention and lower combined ratio· Investment income drops by 63.8% Significant improvement in net profitIslamic Arab Insurance Company (Salama) reported net profit of AED30.7mn in 1Q11, a significant y-o-y and q-o-q improvement from a net loss of AED4.4mn in 1Q10, and a net profit of AED9.9mn i

Press Release - 05-Jun-2011

A new chance for Islamic finance to thrive in post-Mubarak Egypt

23 April 2011DUBAI/CAIRO: Covered head-to-toe in a black abaya embroidered with red and yellow flowers, Amal Abbas waits for her turn to place a deposit at Cairo’s Al-Baraka Egypt Bank, one of Egypt’s two fully fledged Islamic banks.Although Egypt is considered the birthplace of Islamic finance, which adheres to Islamic principles banning interest and speculative trading, its growth has lagged due

The Daily Star - 23-Apr-2011

Takaful industry challenges in focus

DUBAI: The 6th annual World Takaful Conference (WTC 2011), which opened in Dubai on Sunday, saw more than 350 leaders in the international Shariah-compliant insurance industry engage in critical discussions that will seek to translate the enormous market potential into reality for the global Takaful industry. Though 2010 was a year characterized by high volatility and uncertainty, the Islamic

Arab News - 12-Apr-2011
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