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Islamic Arab Insurance Co PJSC (SALAMA)

Last update: 28 October 01:55 PM market time.
0.75
0.02
2.74%
Open 0.72
Previous Close 0.73
High 0.79
Low 0.72
Stock Statistics
Volume 4,206,088
Turnover 3,216,686.30
All data are 15 minutes late during market session

General Information

Company Name Islamic Arab Insurance Co PJSC (SALAMA)
Company Purpose Islamic Arab Insurance Co PJSC (known as: Salama) is a public company, listed on Dubai Financial Market (DFM) since September 2005. Salama operates within the Insurance sector focusing on Property and Casualty Insurance. Salama is based in Dubai, UAE and was established in April 1979.
Company Establish Date 29 April 1979
Financial Year Start First Quarter
Auditor
  • Deloitte and Touche - Middle East

Ownership

  • Goldilocks Investment Co Ltd (13.29%)
  • Abu Dhabi Financial Group (12.76%)
  • Mohammed Ahmed Mohammed Ahmed Said Al Qasimi (11.58%)
  • Mariam Juma Khamis Shalbout Alkhyli (0.72%)
  • Noor Al Ain Management Services Co LLC (0.54%)
  • Awafi Holding LLC (0.45%)
  • Sara Holding Co (0.45%)

Management

Jassim Mohammed Rafi Alseddiqi Chairman
Saeed Mubarak Rashed Saeed Al Hajeri Deputy Chairman
Parvaiz Siddiq CEO
Mustafa Ghazi Kheriba Managing director
Fraih Saeed Hilal Fraih Alqubaisi Board Members
Mohamed Hussain AlKhoori Board Members
Saeed Bin Mohammed Bin Ahmed Al Qassimi Board Members
Ahmad Mohammad Al Sadah Board Members

Subsidiaries

  • Tariic Holding Co. B.S.C Closed (99.40%)
  • Misr Emirates Takaful Life Insurance Co (85.00%)
  • Salama Immobilier (84.25%)
  • The Islamic Insurance Co (20.00%)
  • Salama Cooperative Insurance Co (12.00%)

Contacts

Address 4th floor, Spectrum Building, Oud Metha, Sheikh Rashid Road P.O. Box 10214, Dubai, UAE
Phone +971 4 3577000
Fax +971 4 3577418
Website www.salama.ae
Contact Person Khaled Barakat