SALAMA: Islamic Arab Insurance Co. (Salama) PJSC - Summary | Jitta

Islamic Arab Insurance Co. (Salama) PJSC

ARE:SALAMA

Price
AED0.71
Loss Chance
57.9%
1.38JITTA SCORE
823.25%Over Jitta Line
Jitta Ranking
8 / 11
30 / 38
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (12)
Recent Business Performance (19)
Financial Strength (44)
Return to Shareholders (6)
Competitive Advantage (20)
Jitta Signs
Revenue and EarningEarning loss detected in 2023
Operating MarginDeclined
Recent Business PerformanceEarning decline 76.33% in the last year
Investment yield (ROI)Less than 1% detected in the past years
Key Stats
Jitta Score
Jitta Line
1.38
823.25%
4.42
495.77%
5.16
147.92%
Property and Casualty Insurance
2.82
100.00%
3.58
166.49%
5.25
72.31%
COMPANY DESCRIPTION
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; auto takaful products comprising comprehensive car insurance, third party car insurance, and fleet insurance; and general takaful solutions, such as fire and allied perils, property all risk, and business interruption plan insurance products. It also provides engineering insurance products 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; money, fidelity guarantee, banker's blanket cover, and individual and group personal accident insurance products; and travel insurance products. In addition, the company offers individual and group health plans, as well as reinsurance products. Islamic Arab Insurance Co. (Salama) PJSC was founded in 1979 and is headquartered in Dubai, the United Arab Emirates.