Home Companies Islamic Arab Insurance Company (Salama)

Islamic Arab Insurance Company (Salama)

Headquartered in Dubai, United Arab Emirates, Salama is a leading provider of Shari'a-compliant (Islamic) insurance solutions. Since its establishment in 1979, Salama has been a leader in the Takaful industry, serving over 450,000 customers and offering coverage exceeding AED 10 billion. It is listed on the Dubai Financial Market and has a paid-up capital of AED 939 million (USD 255 million).

Together with its subsidiaries, Salama provides a range of general, family, health, and auto takaful solutions in Africa and Asia. SALAMA serves both individual and institutional customers in the UAE, and through its extensive network of subsidiaries and associates in Saudi Arabia, Algeria and Egypt. The company size is 201-500 employees.

Recent Leadership News

  • Humaid Mohammad Obaid Alqutami appointed Chairman After Capital Overhaul, July 2026.
  • Essa Ali Bin Salem Alzaabi named Chairman, signaling shift from capital crisis to growth, October 2025.

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