About Salama Cooperative Insurance Company

Country of Incorporation

Saudi Arabia

Established In

2007

Primary Sector

Financial Services

Stock Listing

ID	Stock Type	Currency	Exchange	Symbol
8050.SSE	Ordinary	SAR	Saudi SE	8050

Contact details

Primary address

Building: Salama Cooperative Insurance Company Tower
Street: Madina Street
Floor: 12th Floor
P.O. Box: 4020
Country: Saudi Arabia
City: Jeddah
City Suffix: 21491

CONTACT

Email: info@salama.com.sa
www.salama.com.sa

Region

Makkah

Latest News

Tatweer signs youth wellbeing programme with EMPWR

Tatweer contributes to the progress and sustainable development of the Emirate of Sharjah by empowering the youth.

Khaleej Times - 18 Jan 2022

Painting Exhibition: Commemorating 75 years of Indo-Saudi diplomatic relations

The exhibition was put up by prominent Saudi artist Ahmad Al Salama in collaboration with famous Indian artist Sabiha Majeed

Saudi Gazette - 24 Aug 2021

SALAMA’s preliminary 2020 net profit doubles to $37mln

The company's board proposed 3 fils/share cash dividend for 6-months ending 31 Dec 2020

WAM (Emirates News Agency) - 14 Feb 2021

Salama's board considers special dividend distribution

Salama is considering a distribution of special cash dividends

Mubasher - 15 Dec 2020

Salama earns $10.62mln profits from selling shares in Saudi company

The financial impact will be registered in Salama's financial results in Q3-20

Mubasher - 01 Sep 2020

More

SALAMA posts highest first quarter profit since 2011

Up 84.43% y-o-y as Board's strategic focus pays off

Press Release - 10 May 2021

SALAMA reports audited FY 2020 net profit of AED 157.04 million, up 162.50% year-on-year

Gross written premiums grew by 5.5% to AED 1.17 billion, despite the challenges posed by the pandemic

Press Release - 14 Mar 2021

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

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 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

Stellantis repays $7bln Italy state-backed loan in advance

The loan, granted in June 2020, had a three-year maturity

Reuters News - Friday 28 January 2022

SALAMA awarded 'Takaful specialist of the year' for the second consecutive year

In recent years, especially since the pandemic outbreak, we have not only continued to serve our partners, but also increased our efforts to digitize customer journey end to end

Press Release - Friday 28 January 2022

Standard Chartered UAE only bank in GCC region to be Great Place to Work-Certified

Standard Chartered is the only bank and financial institution in the UAE and the Middle East region to be awarded this prestigious accolade in 2021

Press Release - Friday 28 January 2022

Cross-border spending exceeds pre-pandemic levels: Mastercard CEO

Payments giant posts 33% jump in Q4 2021 net profit on back of increased spending

ZAWYA - Friday 28 January 2022

Share of e-payments in Saudi Arabia reaches 57% in 2021, exceeding FSDP target

SAMA is working on promoting electronic infrastructure, expanding electronic payment activities and accelerating the electronic transformation of transactions

Saudi Gazette - Friday 28 January 2022

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Investor	Holding	No. of Shares	Last Update

Investor	Holding	No. of Shares	Last Update

Stocks	Last Price	% Change
Alawwal Bank	-	-
ARAB BANK	26.800 SAR	-1.29
RIYAD BANK	33.500 SAR	0.15
BANQUE SA FRANSI	51.500 SAR	0.98
SABB	39.950 SAR	-1.24
Samba Financial Group	-	-

Salama Cooperative Insurance Company (8050.SE)

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About Salama Cooperative Insurance Company

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