SALAMA reports profits in Q1 2024

An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

The company said that takaful revenue was recorded at AED271.47 million

Esraa Esmail, WAM (Emirates News Agency)

May 15, 2024

PHOTO
An investor walks through the Dubai Financial Market after Joe Biden won the U.S. presidency, in Dubai, United Arab Emirates November 8, 2020. Image used for illustrative purpose

DUBAI: Islamic Arab Insurance Company “SALAMA”, listed on Dubai Financial Market, has reported topline growth with a profit of AED17.58 million in its first quarter of 2024, increasing by 118%, compared to AED8.04 million in Q1 2023.

In a statement today, the company said that takaful revenue was recorded at AED271.47 million, compared to AED265.23 million in Q1 2023.

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