SALAMA Insurance: Sharia-Compliant Protection You Can Trust
SALAMA Cooperative Insurance Company is a pioneering Saudi insurance provider. The company offers Sharia-compliant insurance solutions for individuals and businesses. SALAMA is list on Saudi Stock Exchange and headquartered in Jeddah.
For nearly twenty years, SALAMA has provided Islamic insurance protecting Saudi families and businesses.
SALAMA Insurance Company History
SALAMA history extends back to 1979 when the Islamic Arab Insurance Company was founded in United Arab Emirates. In 2006 SALAMA was establish as a Saudi joint-stock company under Royal Decree No. M/60, dated October 11, 2006.
The company was among the first licensed under cooperative insurance regulations in Saudi Arabia. This pioneering role shows SALAMA commitment to Islamic finance.
Company Background
SALAMA operates as a cooperative insurance company. The company is not investment-restricted according to its bylaws and Saudi regulatory requirements. This flexibility allows SALAMA to manage its portfolio effectively.
The company is list on Saudi Stock Exchange (Tadawul) under classification number 8050. SALAMA trades on main market platform within financial and insurance sectors.
You can see the current Capital of this Salama Cooperative Insurance Company: Here
Sharia-Compliant Insurance
What makes SALAMA special is Islamic Sharia compliance. All insurance products follow Islamic principles. The company ensures ethical and legitimate insurance practices.
Muslims can trust SALAMA insurance is halal and acceptable under Islamic law. This is important for observant Muslims wanting compliant insurance.
Insurance Products SALAMA Offers
Vehicle Insurance
SALAMA offers comprehensive vehicle insurance of all types. Coverage includes accidents, damage and third-party liability. Motorcycle and car insurance available.
Whether you drive a personal vehicle, truck or commercial fleet. SALAMA has vehicle insurance.
Medical Insurance
Health insurance covering medical expenses and hospital care. Coverage for doctor visits, medications and emergency treatment. Family health insurance plans available.
Protect your family health with quality medical insurance from SALAMA.
Property and Building Insurance
Property insurance protecting your home or business building. Coverage for damage from fire, theft, natural disasters or accidents. Protect your investment and property.
Whether you own residential or commercial property. SALAMA covers it.
Real Estate Insurance
Insurance specifically for real estate investments and development. Protecting property values and investments. Coverage for owners and investors.
Real estate investors can secure their properties with SALAMA insurance.
Engineering and Construction Insurance
Insurance for construction projects and engineering work. Coverage during building and installation phases. Protecting contractors and project owners.
Construction companies and contractors trust SALAMA for project protection.
Marine Insurance
Insurance for goods and cargo transported by sea. Coverage during shipping and maritime transport. Protecting international and domestic shipments.
Traders and exporters use SALAMA for marine protection.
Why Choose SALAMA
Islamic Pioneer
SALAMA pioneered Sharia-compliant insurance in Saudi Arabia. First to offer cooperative insurance under Islamic regulations. Trusted by observant Muslims since 2006.
Sharia Compliance
All products follow Islamic principles and ethics. Insurance that does not conflict with religious beliefs. Halal insurance for Muslim families.
Comprehensive Coverage
Insurance for vehicles, health, property, real estate, construction and marine needs. Multiple products for different insurance needs.
Listed Company
Listed on Saudi Stock Exchange showing credibility. Professional governance and financial reporting. Investor confidence in management and stability.
Established Experience
Over forty years of Islamic insurance history. Nearly twenty years as Saudi cooperative insurance. Professional expertise in insurance management.
Professional Service
Licensed and regulated by Saudi authorities. Professional staff trained in insurance services. Quality customer support and claims handling.
Protection for Everyone
For Individuals
Personal vehicle insurance, health insurance, property protection. Individual and family insurance plans.
For Businesses
Commercial vehicle insurance, property insurance, engineering and construction insurance. Business protection plans.
For Investors
Real estate insurance protecting investments. Marine insurance for traders and exporters.
Your Insurance Partner
Whether you need vehicle protection, health coverage, property insurance or business protection. SALAMA has Sharia-compliant solutions. The company understands Saudi insurance needs.
SALAMA insurance gives you peace of mind knowing you are protected according to Islamic principles.
Get Covered Today
Do not leave your family or business unprotected. Contact SALAMA and discover Sharia-compliant insurance solutions designed for you.
Your protection matters. Your faith matters. SALAMA respects both.
Have you used SALAMA insurance. What coverage do you recommend? Share your experience in the comments below. Help other Saudis find Islamic insurance solutions.
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