SALAMA
6.32 SAR
+2.63%
Today
+4.35%
1D
Market is closed
Sun
9:00 AM ~ 2:00 PM
Mon
9:00 AM ~ 2:00 PM
Tue
9:00 AM ~ 2:00 PM
Wed
9:00 AM ~ 2:00 PM
Thu
9:00 AM ~ 2:00 PM
Fri
Closed
Sat
Closed
Information
Name
Salama Cooperative Insurance Leveraged
Currency
SAR
Core Leverage
1:2
Plus Leverage
1:2
Max Leverage
1:2
Overnight Fees Buy (Core Leverage)
-0.0167%
Overnight Fees Sell (Core Leverage)
-0.0167%
Overnight Fees Buy (Plus Leverage)
-0.0167%
Overnight Fees Sell (Plus Leverage)
-0.0167%
Overnight Fees Buy (Max Leverage)
-0.0167%
Overnight Fees Sell (Max Leverage)
-0.0167%
Market Cap
181.50M
Avg Daily Volume
379.90K
52 Week High
11.59 SAR
52 Week Low
5.67 SAR
Trading Hours
See hours
Overnight Fees Calculator
| Daily Overnight Fee % | Daily Overnight Fee $ | |
|---|---|---|
| BUYS | -0.01670% | $(0.167) |
| SELLS | -0.01670% | $(0.167) |
*Results displayed are estimates. Actual fees may differ from those shown as market conditions change.
Business Summary
Salama Cooperative Insurance Company provides insurance products and services in the Kingdom of Saudi Arabia. The company operates through Medical, Motor, and Others segments. It offers motor insurance products, including comprehensive, third party, and corporate insurance products that cover accidents, fire, towing, malicious, and theft, as well as estimation and medical expenses; and medical insurance, such as Sme Raha and corporate insurance products that cover care type, medicines, chronic diseases, vaccinations, maternity and neonatal, physiotherapy, ophthalmology, dental care, oncology, and CCHI expenses. The company also provides travel insurance comprising personal accident, medical expenses, repatriation of mortal, lost baggage, passport loss, cash loss, personal liability, and accidental death insurance; and malpractice insurance for specialties, flexible, and medical facilities coverage. In addition, it offers general insurance coverage products, such as engineering, liability, marine, property, and general accident insurance. The company was formerly known as Saudi IAIC Cooperative Insurance Company and changed its name to Salama Cooperative Insurance Company in 2012. Salama Cooperative Insurance Company was founded in 1979 and is based in Jeddah, the Kingdom of Saudi Arabia.
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TASI: 34 stocks, 4 REITs fall to all-time lows
Argaam
1w ago
SALAMA
+3.46%
SALAMA Reports Record Profit and Strengthened Solvency in Q1 2026
finance.yahoo.com
5mo ago
SALAMA
+3.46%
Al Tamimi & Company Advises SALAMA on AED 155 Million Mandatory Convertible Sukuk to Strengthen Solvency Position
finance.yahoo.com
5mo 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.
