SALAMA achieved 28% growth in premiums in the first quarter of 2010 reaching AED 526 M vs. AED 411 for the same quarter last year. In general, performance and operating efficiency across all subsidiaries in Takaful operations have improved considerably and their net results are impressive, however these good results were hard hit by the […]
SALAMA Celebrates 30 Years of Success and Grabs 3 Prestigious Awards
Global award coincides with SALAMA’s 30th anniversary, recognizes unique Takaful products and solutions. SALAMA CEO Dr Saleh Malaikah honoured for Outstanding Contribution. SALAMA-Islamic Arab Insurance Co. (PSC), one of the region’s leading Islamic insurance (Takaful) companies, has won the ‘Best Takaful Provider’ award for 2009 from Global Finance magazine, the leading international financial publication headquartered […]
SALAMA Changes Trading Symbol at DFM
Dubai, July 22nd 2009 – The Islamic Arab Insurance Company, leading provider of Shari’ah compliant insurance solutions around the world has decided to change its trading symbol at the Dubai Financial Market from “IAIC” to “SALAMA”. “The move came as a natural result of the great success achieved by the name SALAMA in the UAE […]
Directors’ report and consolidated financial statements
Directors’ report and consolidated financial statements for the year ended 31 December 2008.
SALAMA signs a strategic alliance with NCB Capital to offer Shari’ah compliant funds to UAE customers
Dubai, UAE: SALAMA Islamic Arab Insurance Company, the world’s largest Takaful and Re-Takaful group, announced its strategic alliance with NCB Capital, the investment banking arm of National Commercial Bank, the region’s largest bank, in a bid to further promote the spread of Shari’ah compliant insurance solutions. As a result of the strategic alliance, SALAMA will […]
SALAMA ties up with DWS Investment to make world class Shari’ah Compliant funds accessible to its customers throughout UAE
Dubai, UAE: SALAMA Islamic Arab Insurance Company, world’s largest Takaful and Re-Takaful Group, announced their partnership with DWS Investments, the global mutual fund arm of Deutsche Bank Group. SALAMA presents a comprehensive range of diverse Shari’ah compliant unit linked insurance products to its valued clients and the DWS Noor Islamic Funds can be accessed through […]
SALAMA ties up with BNP Paribas Investment Partners to provide a bouquet of Shariâ’ah compliant funds to its customers.
SALAMA, the world’s largest Takaful and Re-Takaful Group ties up with BNP Paribas Investment Partners, one of the leading asset managers, to offer BNP Paribas’s flagship Islamic Fund, the Global Equity Optimiser, with investor returns linked to Shariah compliant global equity markets, including Asia, Europe and the USA. The fund uses an actively managed optimization […]
SALAMA Ties Up with National Bank of Fujairah to provide its Clients with a Bouquet of Comprehensive Takaful Solutions
SALAMA-Islamic Arab Insurance Company, the largest global Takaful and Re-Takaful Group, has signed a long-term agreement to pursue the bancassurance partnership with National Bank of Fujairah (NBF). The partnership will offer NBF customers access to a range of high quality yet affordable individual family Takaful solutions across the region. Noel D’Mello, Head of Family Takaful, […]
A.M. Best affirms SALAMA’s ratings of “A-” (Excellent); expects net profit of AED 180 million.
Group’s gross premium likely to spurt by 35% in 2008 Dubai, 2008: SALAMA-Islamic Arab Insurance Group, the world’s largest Takaful and Re-Takaful Group, today announced that the world’s top credit rating agency A.M. Best has affirmed the group’s Financial Strength Ratings to ‘A-’ (Excellent) and Issuer Credit Rating (ICR) to ‘a-’. “The outlook for both […]
AM Best has reaffirmed SALAMA’s rating of A- “Excellent”.
OLDWICK, N.J., AUGUST 18, 2008 A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating (ICR) of “a-” of SALAMA Islamic Arab Insurance Company (P.S.C.) (SALAMA) (United Arab Emirates). The outlook for both ratings is stable. The ratings of SALAMA reflect its strong risk-adjusted capitalisation, supported by very […]