Islamic Arab Insurance Co. (SALAMA.DU)

Also known as:  IAIC, Salama
Data delayed by 15 minutes
0.648 AED -0.012-1.82%
As of 19 SEP 2019 09:58 GMT|Dubai FM

IAIC Stock Price & Performance Powered By Knowledge Direct

Recommendation
-
Div Yield
-
P/E (Last 12 Month)
440.0
Upside
-
Target Price (Mean)
-
52Wk
0.43 17 FEB
0.71 30 JUL

Open
0.662 AED
Previous Close
0.66 AED
Turnover
6.49M AED
EPS
0.018 AED
Volume
9,911,809
Transactions
140
Market Cap
784.30M AED
IPO Date
17-Sep-2005
Analyst Recommendation
Sell
Hold
Buy
Analyst Rating
Strong Buy
Buy
Hold
Sell
Strong Sell
All Related News
All Press Releases

Statement from Central Bank of the UAE

The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been decreased by 25 basis points

Press Release - Thursday 19 September 2019
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Ownership

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

Executives

Dr Saleh Bin Jamil Saleh Al Malaika
Chief Executive Officer
Mr Parvaiz Siddiq
Chief Operating Officer
Mr Afzal Baig
Head of Finance, Internal Risk and Compliance

Board Members

HH Sheikh Khaled Bin Zayed Al Nehayan
Chairman
Dr Saleh Bin Jamil Saleh Al Malaika
Vice Chairman
Mr Hussein Hasan Biyari
Director
All People

About Islamic Arab Insurance Co.Last updated on: 21 February 2018

Business Summary
Provides Islamic non-life insurance services; life insurance services; Islamic reinsurance 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
Spectrum Building
Sheikh Rashid Road
4th Floor
Oud Metha Area
10214
UAE
Dubai
CONTACT
Region
Dubai

Company information provided by © 2019 Thomson Reuters

Thomson Reuters 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).

Peers

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AD COMMERCIAL BK8.090 AED-2.53
AD ISLAMIC BK5.000 AED-0.99
EMIRATES INS CO7.700 AED0.00
AL KHAZNA INS CO0.250 AED0.00
COMM BK INT'L0.830 AED0.00
BANK OF SHARJAH0.841 AED-0.24
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#Morning Briefing

Thursday outlook: Global markets edge higher after Fed's rate cut

Thursday outlook: Global markets edge higher after Fed's rate cut

The Fed cut interest rates for a second time this year to 1.75%-2.00%, but signalled further rate cuts are unlikely as the labour market remains strong

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