SALAMA (IAIC) Owns 30% of Saudi IAIC Capital Saudi Insurance Market to reach SR 15 billion annually, The Saudi Capital Market Authority (CMA) announced it's approval to float 40% of SA.
The Board of Directors of SALAMA, largest Takaful and Re-Takaful Company, met today to discuss the financial for year ended on 31st Dec 2006. Board of Directors expressed satisfaction on the perform.
Profits Represent 65% Increase Over Last Years IPO Launch for Saudi IAIC Expected During March 2007 SALALMA Islamic Arab Insurance Co. (IAIC), the largest Islamic insurance.