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Saturday, Nov 21, 2009 Arabic
SALAMA - Saudi IAIC Cooperative Insurance Co.   Discuss
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Saudi IAIC Cooperative Insurance Co. (SALAMA) 
Stock Market Saudi Stock Exchange
Official Sector Insurance (25)
Market Cap Size Micro-Cap (54)
GulfBase Sector Insurance (77)
 

Stock Quote Fundamental Data Research Reports

Overview
Establishment Date: 09/10/2006
Paid-Up Capital (SAR): 100,000,000
Par Value Per Share (SAR): 10.00
No. of Employees: 55
Major Shareholders
Islamic Arab Insurance Co. 30.00%
Mutual Services Trading & Contracting Co. 5.00%
Al-Shair Co. for Trading, Industry & Contracting 5.00%
Bin Daud Commercial Markets & Partners Co. 5.00%
Activity
The company intends to provide a vast range of insurance products which includes fire insurance, property, cars and ship insurance, engineering insurance, as well as health insurance.
Subsidiaries, Associates & Joint Ventures
Company
Najm Insurance Services Co.
more details

Corporate Announcements Company News
Net profit announced for the 9 months ending on 30/9/2009, SAR 9.62 million, a decrease of 16%. 21/10/2009
Net loss announced for the 1st Half of the year 2009, SR 5.04 million, compare to net profit of SR 12.25 million for the same period last year. 21/07/2009
Net profit announced for the 1st Quarter of the year 2009, SR 1.60 million, a decrease of 86%.21/04/2009
Net loss announced for the period from 15/05/2007 to 31/12/2008, SR 38.58 million.21/01/2009
Net profit announced for the 9 months ended 30/09/2008, SR 11.47 million.29/10/2008
more...
AM Best affirms ratings of SALAMA   (CPIFINANCIAL - 03/08/2009)
SALAMA Changes Trading Symbol At DFM   (DubaiCityGuide - 28/07/2009)
Dubai Bank signs strategic alliance with Salama for Takaful products  (AME Info - 01/07/2009)
SALAMA to offer customers Crédit Agricole funds  (CPIFINANCIAL - 27/05/2009)
Salama looking for acquisitions  (Gulfnews - 05/05/2009)
more...

Key People Contacts
Chairman: Saleh J. S. Malaika
General Manager: Shahzad Hafiz
Board Members: Abdulaziz A. Jazzar
Talal A. Al Shaer
Rashed A. Al Shuwaiket
Husein H. Bayari
Ahmad M. Al Sirri
Ma'an H. Al Jaser
Auditors: Ernst & Young
Sindi & Batterjee
E-mail Address: customer.relations@salama.com.sa
Website: http://www.salama.com.sa
Postal Address: P.O. Box 122392, Jeddah 21332
Street Address: Bin Homran Center
Phone: +9662 6647877
Fax: +9662 6647387
 
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