Trade Islamic Arab Insurance Co - SALAMA CFD

Trading Conditions

• Type: CFD
• Spread: 0.02
• Long position overnight funding adjustment: -0.02152%
• Short position overnight funding adjustment: -0.00070%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: AED
• Min traded quantity: 1
• Margin: 25.00%
• Stock exchange: United Arab Emirates
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 0.51
• Open: 0.51
• 1-Year Change: 2%
• Day's Range: 0.5 - 0.51

Trade Islamic Arab Insurance Co - SALAMA CFD

What is Islamic Arab Insurance Co (SALAMA)?

Islamic Arab Insurance Company is a financial services firm specializing in providing insurance solutions compliant with Islamic principles. The company operates within the takaful sector, offering a range of Sharia-compliant insurance products designed to meet the needs of individuals and businesses. Its services typically include family and general takaful plans, which are structured to avoid elements prohibited in Islamic finance such as interest and uncertainty. The company serves various markets, focusing on regions where demand for Islamic insurance is significant. It emphasizes risk-sharing and cooperative protection among policyholders, aligning with the ethical and legal frameworks of Islamic jurisprudence. The firm’s operations involve underwriting, claims management, and customer service, supported by a network of agents and partners. It plays a role in promoting Islamic finance principles within the insurance industry and contributes to the development of takaful products that cater to diverse customer segments. The company is part of a broader financial ecosystem that includes Islamic banking and investment services.

Islamic Arab Insurance Co Stock Price Today: Live Overview

The price today is shaped by live trades in Amlak Finance PJSC, currently priced at AED0.53. The price range during the session is from AED0.5 to AED0.51, with a daily percentage change of +4%.

FAQ: Islamic Arab Insurance Co (SALAMA)

What is the current price of SALAMA stock?

The current price stands at AED0.53.

Does SALAMA pay dividends?

Islamic Arab Insurance Co pays dividends via cash distributions (if applicable).

Does SALAMA have a formal corporate presence or regional headquarters in the UAE?

Islamic Arab Insurance Co operates through partners and distributors in the UAE without an official regional office.

What is SALAMA best known for?

The company is most famous for providing Sharia-compliant insurance products.

What assets are typically shown together with SALAMA?

Commonly shown alongside SALAMA: Group 1 Automotive Inc, Fugro, Amplitude Energy Limited