UAE:SALAMA's net profit for 2020 jumps by 128%

By MEIR team | 15 Feb 2021

United Arab Emirates Takaful Financial Performance

Islamic Arab Insurance Company, listed as SALAMA on the Dubai bourse, increased its net profit by 127.6% to AED136.13m ($37.1m) for the financial year ended 31 December 2020, according to a company statement on its preliminary results. The company posted net profit of AED59.82m for 2019.

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