SALAMA
0.529 AED
+2.72%
Today
+0.95%
1D
Market is closed
Sun
Closed
Mon
9:00 AM ~ 1:45 PM
Tue
9:00 AM ~ 1:45 PM
Wed
9:00 AM ~ 1:45 PM
Thu
9:00 AM ~ 1:45 PM
Fri
9:00 AM ~ 1:45 PM
Sat
Closed
Information
Name
Islamic Arab Insurance
Currency
AED
Standard Leverage
1X
Market Cap
253.10M
Avg Daily Volume
624.70K
52 Week High
0.928 AED
52 Week Low
0.36 AED
Trading Hours
See hours
Business Summary
Islamic Arab Insurance Co. (Salama) PJSC, together with its subsidiaries, provides a range of general, family, health, and auto takaful solutions in Africa and Asia. The company offers family takaful solutions, including whole life, term, savings, and investment plans; and auto takaful products, such as comprehensive car insurance, third party car insurance, and fleet insurance. It also provides general takaful solutions that includes fire and allied perils, property all risk, and business interruption plan insurance products; engineering insurance covering erection all risks, contractor's all risks, electronic equipment, contractor plant and machinery, deterioration of stock, machinery loss of profits, and machinery breakdown insurance; marine cargo, hull and machinery, and yacht and boat insurance products; workman compensation, and employer's and public liability insurance products; travel insurance products; and money, fidelity guarantee, banker's blanket cover, and individual and group personal accident insurance products. In addition, the company offers individual and group health plans, as well as reinsurance products. Islamic Arab Insurance Co. (Salama) PJSC was incorporated in 1979 and is headquartered in Dubai, the United Arab Emirates.
Top News
GBPUSD
+0.20%
TeslaMotor
+1.03%
UPDATE 1-Tesla supervised self-driving software gets Dutch okay, first in Europe
reuters.com
8h ago
EURUSD
+0.24%
USDJPY
+0.17%
XAUUSD
-0.34%
GLOBAL MARKETS-Equities mixed, oil dips in cautious trade ahead of US-Iran talks
reuters.com
9h ago
EURUSD
+0.24%
USDJPY
+0.17%
XAUUSD
-0.34%
GLOBAL MARKETS-Equities edge up US-Iran talks with inflation showing oil boost
reuters.com
11h ago
Show more
Frequently Asked Questions
What are financial stocks?
Financial stocks include companies like banks, insurance firms, investment services, and fintechs. They play a critical role in the economy by facilitating credit, investment, and wealth management.
How do interest rates affect financial stocks?
Financials often benefit from rising interest rates, which can increase net interest margins for banks and improve profitability.
Why are financials important in a trading portfolio?
Financial stocks can offer strong dividends, sector stability, and exposure to macroeconomic trends like interest rate policy and GDP growth.
What risks are associated with financial sector investing?
Regulatory changes, credit risk, economic downturns, and interest rate volatility can all impact financial companies' earnings and stock prices.
