Company Profile:

 

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Strong Foundations for a Better Future.

 

SALAMA is a leading provider of Shari’ah compliant insurance solutions (Takaful) around the world. Right from our incorporation in 1979 in Dubai UAE as pioneers in the Takaful industry to our present day we have succeeded in presenting a variety of competitive Takaful services to protect properties, insure against accidents and offer medical services and has become recognized as the world’s largest Takaful Company. Salama has a paid- up capital of AED 1.1 billion (US $ 300 million) and is listed in the Dubai Financial Market. Best RE, one of the SALAMA companies based in Tunis, is the world's largest Re-Takaful company operating in more than 60 countries and has been rated "BBB" by Standard & Poor's and "B++" by A.M. Best. Recently, Saudi IAIC Cooperative Insurance Company – SALAMA was approved as a public listed company in the Kingdom of Saudi Arabia after the release of a royal decree in October 2006.

 

Salama serves both individual and institutional customers through an extensive global network. At present, Salama has 6 direct Takaful companies who provide solutions to customers in the UAE, Saudi Arabia, Egypt, Senegal, Algeria and Jordan, in addition to Re- Takaful Company located in Tunis.