SALAMA, the Islamic Arab Insurance Company (IAIC), the largest Takaful (Islamic Insurance) company in the world, has achieved AED 101 million profits for the first half of 2006, exceeding the expectation.
In line with UAE policy to open up its economy to foreign investors, SALAMA Islamic Arab Insurance Company’s board of directors has resolved to recommend to the shareholders’ Extra-Ordinary.
SALAMA, Islamic Arab Insurance Company, the worlds largest Takaful and Re-Takaful company, has increased its shareholding in BEST-Re, the worlds largest Re-Takaful company, from 60% to 100%.
Family Takaful Division Paul Bromley, a highly experienced Strategic Development Manager in the unit linked life assurance and financial services sectors, has been appointed as Assistant General
Signals Start of AED 165m Market Expansion SALAMA Islamic Arab Insurance Company, the worlds largest Takaful and Re-Takaful provider, has launched Health Takaful in the United Arab Emirates.