Dubai, UAE – November 12, 2025 – Islamic Arab Insurance Company (SALAMA) today announced its financial results for the nine months ended 30 September 2025, highlighting continued balance-sheet strengthening, improved comprehensive income, and steady underlying profitability in line with its transformation and recapitalisation strategy. SALAMA recorded a net profit of AED 11.1 million for the […]
Dubai, UAE – October 23, 2025 – Islamic Arab Insurance Company (Salama) (DFM: “SALAMA”), has announced the appointment of Essa Ali Bin Salem Alzaabi as Chairman of the Board of Directors, marking a new chapter in the company’s transformation and growth journey. Mr. Alzaabi brings more than two decades of leadership experience across the public and […]
Dubai, UAE – October 17, 2025 – Islamic Arab Insurance Company (Salama) (DFM: “SALAMA”), one of the UAE’s leading Takaful providers, has announced that the Company’s shareholders have approved a capital reduction and subsequent capital increase as part of a comprehensive plan to restore solvency and reinforce its financial position in line with regulatory requirements of […]
Dubai, August 08, 2025 – Salama (DFM: “SALAMA”), a leading regional Takaful provider, today announced its interim consolidated financial results for the six-month period ended June 30, 2025. The Company reported a positive profit in the first six months of 2025 and continued strengthening of its balance sheet, driven by a significant rebound in profitability during […]
This collaboration enables wider reach for Salama’s trusted Shariah-compliant life insurance offerings with Policybazaar.ae’s extensive digital footprint to accelerate awareness and adoption among UAE residents. Dubai, UAE – 17 July 2025 – In a landmark move to increase life insurance penetration in the UAE, Salama (DFM: “SALAMA”), one of the world’s largest and longest-established Shariah-compliant […]
Dubai, May 15, 2025 – Regional insurer Salama (DFM: “SALAMA”), a leading regional Takaful provider, today announced its financial results for the first quarter ended March 31, 2025. The company reported AED 256.36 million in Takaful revenue, reflecting robust topline performance in a challenging environment. While Q1 2025 net profit stood at AED 0.39 million compared […]
Move aligns with insurer’s next phase of growth and digital transformation Dubai, April 7, 2025: Regional insurer Salama (DFM: “SALAMA”) has announced the appointment of Mohamed Ali Bouabane as Group Chief Executive Officer. Previously CEO of AIG GCC & North Africa, Bouabane brings extensive experience in the insurance sector, positioning Salama for its next stage of […]
Dubai, March 27, 2025 – Islamic Arab Insurance Company (Salama), the UAE’s largest Takaful solutions provider, has announced its financial results for 2024, showcasing significant improvements in profitability while optimising its balance sheet. The company reported insurance revenue of AED 1.046 billion, with a notable improvement in net profits of AED 24.6 million, reflecting its commitment […]
Dubai, November 14, 2024: Islamic Arab Insurance Company (DFM listing: “Salama”), UAE’s largest Takaful solutions provider, has reported a net profit of AED 30.41 million in the first nine months of 2024, compared to AED 18.56 million during the same period in 2023. Improving core business performance, Takaful revenue was recorded at AED 802.83 million […]
H1 2024 net profit totalled AED 20.53 million, up 67% versus H1 2023 Takaful revenue of AED 528.58 million reported in H1 2024 New Board Chairman and Vice Chairman bring a wealth of experience to the leadership team Dubai, August 14, 2024: Islamic Arab Insurance Company (DFM listing: “Salama”), UAE’s largest Takaful solutions provider, has […]
