Salama Cooperative Insurance Co (8050)

22.36 +0.96 (+4.49%)
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Salama Cooperative Insurance Co Company Profile

Equity Type
Salama Cooperative Insurance Co SJSC, formerly Saudi IAIC Cooperative Insurance Company (Salama), is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance solutions in compliance with Islamic Sharia (Takaful) principles. The Company is organized into three business segments: The Medical segment provides compensation to holders for expenses incurred in treatment of a disease, illness or injury; the Motor segment provides coverage against losses and liability related to motor vehicles, and the Others segment includes property, marine, engineering, accident and liability and miscellaneous categories. Salama serves both individual and institutional customers through six direct Takaful companies in the United Arab Emirates, Saudi Arabia, Egypt, Senegal, Algeria and Jordan, in addition to Re-Takaful Company located in Tunis.
Contact Information
Jeddah, 21491 Saudi Arabia
Top Executives
Khalid Jaber Al Zaidi 0 2020 Independent Director
Raed Abdul Malik Al-Qasem 0 2020 Independent Director
Omar Nasir Makurish 0 2020 Independent Deputy Chairman of the Board
Akram Omar Jad 0 2020 Independent Director
Mazen Ibrahim Mohamed Abdulsalam 0 0000 Director
Ahmed Murad 0 2020 Independent Chairman of the Board
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