Last SR34.63 SAR
Change Today +0.67 / 1.97%
Volume 543.5K
SALAMA On Other Exchanges
Saudi Arabia
As of 9:30 AM 10/20/14 All times are local (Market data is delayed by at least 15 minutes).

salama cooperative insurance (SALAMA) Snapshot

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Day High
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52 Week High
05/15/14 - SR47.90
52 Week Low
07/23/14 - SR30.50
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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salama cooperative insurance (SALAMA) Details

Salama Cooperative Insurance Company provides Shari’ah compliant insurance solutions to individual and institutional customers worldwide. The company operates through Medical, Motor, and Other segments. It offers health, and motor comprehensive and third party insurance products. The company also provides property insurance products comprising fire and allied perils, and property all risk insurance products; marine cargo and hull insurance products; and engineering insurance products, including erection all risks, contractor’s all risks, contractor’s plant and machinery, machinery loss of profit, machinery, boiler and pressure vessel, electronic equipment, comprehensive machinery, and comprehensive project insurance products. In addition, it offers miscellaneous insurance products, such as personal accident, workmen’s compensation, traveler’s accident and hospitalization, public liability, product liability, employer’s liability, fidelity guarantee, cash in transit/cash in safe, and plate glass. 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 incorporated in 1979 and is headquartered in Jeddah, Saudi Arabia.

Founded in 1979

salama cooperative insurance (SALAMA) Top Compensated Officers

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Executives, Board Directors

salama cooperative insurance (SALAMA) Key Developments

Egyptian Saudi Insurance To Acquire 10% Interest In Salama Entity

Egyptian Saudi Insurance House plans to acquire a share in Salama Family Takaful Company which has been set up by SALAMA Cooperative Insurance Company (SASE:8050). Egyptian Saudi Insurance has decided to provide about 10% of the capital in the Salama Family Takaful, according to the company's Managing Director Abdel-Raouf Kotb.

SALAMA Cooperative Insurance Company expected to report Q3 2014 results on October 20, 2014. This event was calculated by Capital IQ (Created on October 10, 2014).

SALAMA Cooperative Insurance Company expected to report Q3 2014 results on October 20, 2014. This event was calculated by Capital IQ (Created on October 10, 2014).

Salama Cooperative Insurance Announces Resignation of Faisal Mustafa Alkurdi as Non Executive Board Member

SALAMA Cooperative Insurance Company announced that the Board Member Mr. Faisal Mustafa Alkurdi (Non executive) has submitted his resignation from his position to Board of Directors with effect from September 8, 2014 due to personal reasons and committments.


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Valuation SALAMA Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.5x
Price/Book 10.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 1.4x

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