Islamic Arab Insurance Co. (SALAMA) PJSC (SALAMA.DU)

Also known as:  Salama
Data delayed by 15 minutes
0.83 AED 0.0141.72%
As of 30 NOV 2020 09:59 GMT|Dubai FM

Salama Stock Price & Performance Powered By Knowledge Direct

Recommendation
-
Div Yield
5.515%
P/E (Last 12 Month)
6.48
Upside
-
Target Price (Mean)
-
52Wk
0.3 17 MAR
0.883 01 OCT

Open
0.81 AED
Previous Close
0.816 AED
Turnover
16.80M AED
EPS
0.129 AED
Volume
20,175,488
Transactions
274
Market Cap
969.68M AED
IPO Date
17-Sep-2005
Analyst Recommendation
Sell
Hold
Buy
Analyst Rating
Strong Buy
Buy
Hold
Sell
Strong Sell

About Islamic Arab Insurance Co. (SALAMA) PJSCLast updated on: 30 April 2020

Business Summary
Provides non-life and life takaful services; retakaful services.
Country of Incorporation
Ownership Type
Established In
1979
Primary Sector
Number of Employees
150
Stock Listing
IDStock TypeCurrencyExchangeSymbol
SALAMA.DFMOrdinaryAEDDubai FMSALAMA

Contact details

Primary address
Building: Spectrum Building
Street: Oud Medha Road
Floor: Block A, 4th Floor
Area: Deira Area
P.O. Box: 10214
Country: UAE
City: Dubai
CONTACT
Region
Dubai
More

SALAMA announces AED11.5 million surplus distribution to Takaful policyholders for 2019

Surplus sharing is a unique benefit of the Takaful concept of insurance in comparison to conventional insurance, which not only protects policyholders against unforeseen circumstances but also qualifies them for a share in the achieved surplus of the fund without any investment in capital, if the claim remains below a certain level.

Press Release - 17 Aug 2020
All Press Releases

AM Best Places Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (closed) under review With developing implications

The Credit Rating (rating) actions follow the announcement on 30 November 2020, that GIG has signed a purchase agreement to acquire 100% of AXA Insurance (Gulf) B.S.C. (c) (Bahrain), 50% of AXA Cooperative Insurance Company (Saudi Arabia) and 28% of AXA Green Crescent Insurance Company PJSC (United Arab Emirates) for consideration of USD 475 million

Press Release - Friday 4 December 2020

Danaat Al Lawzi financing deal signed in Bahrain

The bank is providing financing on Eskan Bank’s latest project as part of its commitment to Bahrain’s vision of providing housing solutions to citizens

Gulf Daily News - Thursday 3 December 2020
All Financial Services News
All Markets News

Ownership

Revenue
Net Income
Profit Margin
Total Assets
Total Liabilities
Debt to Assets
Operating
Investing
Financing

Executives

Mr Mustafa Ghazi Kheriba
Group Managing Director
Mr Parvaiz Siddiq
Chief Executive Officer
Mr Noel Francis Dmello
General Manager, Family Takaful

Board Members

HE Jassim Mohammed Rafi Al Seddiqi Alansari
Chairman
Mr Mustafa Ghazi Kheriba
Director
Mr Fraih Saeed Al Qubaisi
Director
More

Company information provided by Refinitiv

Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).

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