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Insurance and Takaful Company in Dubai
Islamic Arab Insurance Company, known as Salama, is a public shareholding company registered in Dubai and operating through branches in the UAE, according to its Dubai Financial Market…
Listed since 2026 · updated October 2026
Islamic Arab Insurance Company, known as Salama, is a public shareholding company registered in Dubai and operating through branches in the UAE, according to its Dubai Financial Market profile, which gives 29 April 1979 as its establishment date. Its principal activity is writing all classes of general takaful and family takaful in line with Islamic Sharia. The company has about 820 million shares with a par value of AED 1, and its shares have been listed on the DFM since September 2005.
Market figures at the close on 29 October 2026, from Dubai Financial Market (DFM) data.
| DFM symbol | SALAMA |
|---|---|
| ISIN | AEI000301012 |
| DFM sector | Financials |
| Closing price | AED 1.35 |
| 52-week range | AED 0.38 – AED 1.85 |
| Market value | AED 1.11 billion |
| Shares in issue | 819,977,704 |
| Par value | AED 1 |
| Dividend yield, last 12 months | No cash dividend in the last 12 months |
| Listed on the DFM | 16 September 2005 |
| Established | 1979 |
| Financial year ends | December |
| Auditor | EY (Ernst & Young) |
| Chair | H.E. Humaid Mohammad Obaid Alqutami |
| Chief executive | Mohamed Ali Bouabane |
The DFM records no cash dividend with an ex-date in the 12 months to 29 October 2026.
Sources: DFM trading summary for SALAMA, DFM corporate actions, DFM dividends distribution summary. Checked October 2026. Share prices change every trading day; this is not investment advice.
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