News Middle East03 Sep 2020

UAE:Islamic insurer gains nearly US$11m from sale of stake in Saudi takaful company

| 03 Sep 2020

Islamic Arab Insurance Company (Salama), the UAE's largest and oldest Shariah compliant Takaful solutions provider,has generated AED 39.45m ($10.74m) net profit from the sale of some of its stake in Salama Cooperative Insurance Company, a Saudi joint stock company.

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