Islamic Arab Insurance Co. (Salama)

SALAMA

AEI000301012

Multiline Insurance & Brokers

Market Closed - Dubai FM Other stock markets 06:37:36 2024-04-26 am EDT			5-day change	1st Jan Change
0.395 ^AED	0.00%		+3.95%	-28.18%

Apr. 01	Salama Swings to Loss in FY23; Revenue Up	MT
Mar. 31	Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Islamic Arab Insurance Co. Announces Management Changes

January 10, 2021 at 10:01 am EST

Islamic Arab Insurance Co. (Salama) has appointed Fahim Al Shehhi as the company's new CEO effective from 13 January 2021. This decision came after Parvaiz Siddiq has resigned from his position of CEO. Siddiq has occupied the CEO position in Salama for five years.

Latest news about Islamic Arab Insurance Co. (Salama)

Salama Swings to Loss in FY23; Revenue Up	Apr. 01	MT
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 31	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-15	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-15	CI
Islamic Arab Insurance Company Appoints Walter Jopp as Chief Executive Officer	23-05-17	CI
Islamic Arab Insurance Co. PJSC Announces Board Changes	23-04-24	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-21	CI
Islamic Arab Insurance Co. PJSC terminated the acquisition of Takaful Emarat - Insurance (DFM:TAKAFUL-EM).	23-02-15	CI
Islamic Arab Insurance Co. PJSC agreed to acquire Insurance Portfolio of Dubai Islamic Insurance and Reinsurance Company PSC from Dubai Islamic Insurance & Reinsurance Co. (P.J.S.C)	22-12-28	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-15	CI
Islamic Arab Insurance Co. PJSC agreed to acquire Takaful Emarat - Insurance (DFM:TAKAFUL-EM).	22-10-02	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-13	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-30	CI
Islamic Arab Insurance Co. PJSC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-15	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-15	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-16	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-14	CI
Islamic Arab Insurance Co. Announces Management Changes	21-01-10	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-11-12	CI
Islamic Arab Insurance Company Recommends to Pay Out Cash Dividends for the First Half of 2020	20-09-03	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-11	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-21	CI
Islamic Arab Insurance Co. Salama Pjsc Reports Earnings Results for the Full Year Ended December 31, 2019	20-03-25	CI

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Company Profile

Islamic Arab Insurance Co PJSC is a United Arab Emirates-based entity which is primarily engaged in insurance, and reinsurance services in accordance with the Islamic Sharia principles. The Company has two segments which include general takaful segment and family takaful segment. The Companyâs services include comprehensive car insurance, third party car insurance, fleet insurance, health takaful, individual health plan, group health plan, whole of life plan, term plan, savings plan, investment plan, contractor all risks insurance, business interruption plan, marine cargo insurance, property all risk insurance, etc.

Sector

Multiline Insurance & Brokers

Calendar

2024-05-07 - Q1 2024 Earnings Release (Projected)

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Sector Islamic Insurance

	1st Jan change	Capi.
ISLAMIC ARAB INSURANCE CO. (SALAMA)	-28.18%	99.23M
ALJAZIRA TAKAFUL TAAWUNI COMPANY	+11.41%	333M
AL-ETIHAD COOPERATIVE INSURANCE COMPANY	+41.58%	313M
DAMAAN ISLAMIC INSURANCE COMPANY "BEEMA" (Q.P.S.C.)	-5.99%	206M
ABU DHABI NATIONAL TAKAFUL COMPANY	-16.67%	143M
FIRST TAKAFUL INSURANCE COMPANY - KPSC	+251.72%	70.61M
ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE	+3.77%	69.17M