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Islamic Arab Insurance Company (Salama) has released its key financial indicators for the first quarter of 2026.
Insurance revenue reached 229.5 million AED (62.5 million USD), compared with 256.4 million AED (69.8 million USD) as of 31 March 2025, representing a decline of 10.5%.
The Emirati insurer closed the period with a net profit of 14 million AED (3.8 million USD), marking a sharp increase from the 400 000 AED (108 891 USD) reported a year earlier.
The company’s equity rose by 40% to 505 million AED (137.5 million USD), while its solvency ratio stood at 159%.
As a reminder, in April 2026, Salama completed its capital restructuring program aimed at restoring its financial strength.
