Salama Islamic Arab Insurance Co

General information

SALAMA - Islamic Arab Insurance Company is a leading provider of Shari’ah compliant Takaful solutions around the world. Right from our incorporation in 1979 in Dubai, UAE as pioneers in the Takaful industry, to our present day distinction as the world's largest Takaful and Re-Takaful Company, we have always stayed true to our values and principles.

Our vision is to provide Shari’ah-compliant Takaful solutions of the highest standard to customers around the world. Therefore, our every endeavor over the last 33 years has given us the solid reputation of providing the most competitive and diverse portfolio of Takaful solutions .Our stability and success can be attributed to our strategy of focusing on core business areas.

SALAMA has a paid-up capital of AED 1.2 billion (USD 330 Million) and is listed in the Dubai Financial Market under the symbol “IAIC”. A.M.Best has assigned Salama a financial strength rating of “A- (Excellent)” and an issuer credit rating of “A- (Excellent)’. Salama has been rated by Standard & Poor as “A- (Strong)”. BEST-Re, our Tunis-based operation, is the world’s largest Re-Takaful company, operating in more than 60 countries.

We serve both individual and institutional customers through our extensive global network. At present, we have 6 direct Takaful companies who provide Takaful solutions to customers based in UAE, Saudi Arabia, Egypt, Senegal, Algeria and Jordan.

We’re expanding our product portfolio in terms of the breadth of our offering as well as geographically in order to increase our footprint in the region and cater to the increasing sophistication of our customers and the ever-changing regulatory environment.