Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

ISLAMIC ARAB INSURANCE CO. (SALAMA) PJSC

(SALAMA)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
Business Summary
Islamic Arab Insurance Company PSC (Salama) is a United Arab Emirates-based public shareholding company that provides, together with its subsidiaries, all classes of general and family insurance, and reinsurance services in accordance to the Islamic Sharia principles. The Company offers its services through three main segments: Family Takaful includes baity finance protection plan, hemaya family takaful plan, hyat, idikhar saving plan, Iqra childÔÇÖs future plan, istithmar investment plan, maash retirement plan and momayaz investment plan; Health Takaful offers a range of health insurance solutions, and Family Takaful includes baity finance protection plan, hemaya family takaful plan, hyat, idikhar saving plan, Iqra childÔÇÖs future plan, istithmar investment plan, maash retirement plan and momayaz investment plan, and General Takaful covers, among others, travel, fire & allied perils, property all risk, business interruption, money insurance, fidelity guarantee and bankers blanket cover.
Sales per Business
20192020Delta
General Takaful425.1250.8%410.4351.5% -3.46%
Family Takaful404.7448.4%334.8242% -17.28%
AED in Million
Sales per region
20192020Delta
Asia609.5872.8%522.5565.6% -14.28%
Africa220.2826.3%222.7028% +1.1%
AED in Million
Managers
Name Title Age Since
Fahim Mohamed Ahmed Al-Shehhi Chief Executive Officer - 2021
Muhammad Zaheer Iqbal Chief Financial Officer - 2020
Lindsay D'Mello Senior Manager-Information Technology - 2007
Khaled Barakat Senior Manager-Legal & Compliance - 2016
Laila Yousif Othman Head-Human Resources & Administration - 2017
Mohammad Daud Bakar, Dr. Chairman-Shariah Board 57 -
Mohammed Amin Ali Qattan, Dr. Member-Shariah Board - 1995
Amin Fateh, Dr. Member-Shariah Board - -
Sami Al Zuwaghi Secretary - 2020
Sadia Khanam Noori Senior Manager-Marketing - 2013
Members of the board
Name Title Age Since
Jassim Mohamed Rafie Al-Ansaari Chairman 36 2019
Saeed Al-Hajeri Vice Chairman - 2019
Mohammed Hussain Al-Khoori Director - 2019
Mustafa Ghazi Kheriba Director 47 -
Fraih Saeed Helal Fraih Al-Qubaisi Director - 2018
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,210,000,000 711,356,673 58.8% 21,667,377 1.8% 58.8%
Shareholders
NameEquities%
Abu Dhabi Capital Management Ltd. (Private Equity) 160,750,000 13.3%
Mohammad bin Ahmad bin Saeed Al-Qassimi 159,525,190 13.2%
Ajman Bank PJSC 151,250,000 12.5%
Dimensional Fund Advisors LP 5,469,350 0.45%
Chimera Capital Management LLC 533,809 0.044%
Dimensional Fund Advisors Ltd. 172,357 0.014%
DFA Australia Ltd. 25,645 0.0021%
Holdings
NameEquities%Valuation
SALAMA COOPERATIVE INSURANCE COMPANY (8050) 3,000,000 12.0% 13,584,060 USD
Company contact information
Islamic Arab Insurance Co.
Spectrum Building
Sheikh Rashid Road, Oud Metha
4th Floor, Block A
Dubai

Phone : +971.4.357.7000
Fax : +971.4.357.7930
Web : http://www.salama.ae
Brand Portfolio
In partnership withAllbrands.markets
More brands of Islamic Arab Insurance Co. (Salama) PJSC