Islamic Arab Insurance Co. (SALAMA) PJSC (Salama), UAE - Press Releases and Announcements

SALAMA's preliminary 2020 net profit more than doubles to AED 136.13m

Gross written contributions increased 6% to AED 1.17bn, despite challenges of the COVID-19 pandemic

Press Release - 14-Feb-2021

Change in guard at SALAMA signals new growth plans

Fahim Al Shehhi appointed as new CEO of UAE's largest Shari'ah compliant insurance provider

Press Release - 14-Jan-2021

SALAMA's net profit for first 9 months surges 392% to AED 137.06m

Gross written premium increased by 7.5%, from AED 883m in first nine months of 2019 to AED 949m for same period this year, despite challenges of the COVID-19 pandemic

Press Release - 12-Nov-2020

SALAMA successfully introduces new Individual Life product range in compliance with UAE Regulation 49

The revisions were made to ensure higher value for customers and promote more transparency on benefits, charges and growth rates

Press Release - 09-Nov-2020

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

SALAMA 2020 half-year net profit increases 41.03% to AED 47.05m

Gross written premium (GWP) increased by 6.9%, from AED 650m in H1 2019 to AED 695m in H1 2020, despite challenges of the COVID-19 pandemic.

Press Release - 10-Aug-2020

SALAMA Insurance achieves AED 55 million net profit in 2019

The Board of Directors recommends cash dividends

Press Release - 25-Mar-2020

Goldilocks announce its full year 2019 performance

The fund's unique and differentiated strategy continues to generate superior value for investors

Press Release - 10-Feb-2020

Islamic Arab Insurance Company (SALAMA) reports 15.7% increase in 9-month 2019 net profit

Gross written premium increased by 13.6% to Dh901m in Q3 2019

Press Release - 11-Nov-2019

Alandalus Property posts 15.6% net profit increase for Q3 2019

The increase in net profit was largely due to higher revenues and share of income from associate companies

Press Release - 07-Nov-2019

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

SALAMA's preliminary 2020 net profit more than doubles to AED 136.13m

Change in guard at SALAMA signals new growth plans

SALAMA's net profit for first 9 months surges 392% to AED 137.06m

SALAMA successfully introduces new Individual Life product range in compliance with UAE Regulation 49

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

SALAMA 2020 half-year net profit increases 41.03% to AED 47.05m

SALAMA Insurance achieves AED 55 million net profit in 2019

Goldilocks announce its full year 2019 performance

Islamic Arab Insurance Company (SALAMA) reports 15.7% increase in 9-month 2019 net profit

Alandalus Property posts 15.6% net profit increase for Q3 2019

Company information provided by Refinitiv

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