Motor, health, life, travel and commercial takaful. Islamic Arab Insurance Company, founded 1979. CBUAE-licensed takaful operator, listed on the Dubai Financial Market.
Salama is one of the UAE's oldest and largest takaful operators, founded in 1979 and listed on the Dubai Financial Market. With a paid-up capital of AED 1.21 billion and over 450,000 customers, it offers General Takaful and Family Takaful. Members pay a contribution into a shared fund, not a premium to an insurer. Any Shariah compliance claim rests on Salama's own Shariah board.
Lines of cover offered in the UAE, verified against the CBUAE register (11 Jun 2026). Contributions go into a shared takaful pool.
Third-party liability and comprehensive motor takaful under the UAE unified motor policy framework. Check the takaful certificate for excess, cover terms and GCC extension.
Individual and group health takaful plans. Compare network, annual limit and co-payment before joining the pool.
Shariah-compliant life and savings takaful. Check contribution term, sum covered and surplus-handling terms in the takaful certificate.
Single-trip and annual travel cover on takaful principles. Check medical limits and cancellation terms.
Property, liability and commercial risk takaful for business clients. Terms vary by business type and risk.
| Full name | Islamic Arab Insurance Company (Salama) |
| Founded | 1979 |
| Type | National takaful operator |
| Listed | Dubai Financial Market (DFM) |
| Paid-up capital | AED 1.21 billion |
| Customers | 450,000+ |
| CBUAE licence | Licensed |
| Takaful model | General Takaful · Family Takaful |
| Lines | Motor · Health · Life · Travel · Commercial |
| Website | salama.ae |
| Data verified | 11 Jun 2026 |
Sources: salama.ae and CBUAE licensed insurer register. Verified 11 Jun 2026. Shariah compliance rests on Salama's own Shariah board; not assessed by this site. Not affiliated with Salama.
Points specific to comparing takaful with conventional insurance or between takaful operators.
Salama is a takaful operator. You pay a contribution into a shared pool that pays claims. The operator manages the fund for a Wakalah fee. This is structurally different from conventional insurance.
Salama runs separate General Takaful (motor, commercial, travel) and Family Takaful (life, health) pools. Confirm which pool applies to your cover and compare contribution and surplus terms where visible.
Salama's paid-up capital of AED 1.21 billion is among the highest of UAE takaful operators. Capital levels are one indicator of financial capacity among several when assessing a takaful operator.
Members pay a contribution into a shared pool that pays claims to other members. Salama, as the takaful operator, manages the fund for a Wakalah (management) fee. Any underwriting surplus in the pool is handled according to the scheme rules and Salama's Shariah board guidance, not retained as Salama's profit. Your takaful certificate shows the applicable pool and contribution amount.
The practical cover (what is paid on a claim) follows the same CBUAE unified motor policy framework as conventional cover. The structural difference is that Salama is a takaful operator and members pay contributions into a shared pool rather than premiums to an insurer. Check the takaful certificate for specific conditions and excess.
Salama's Family Takaful covers life protection and health plans. Members contribute to a shared family protection pool. Specific cover, including sum protected, contribution term, health network and annual limits, varies by plan. Always check the takaful certificate.
Under Salama's takaful model, any underwriting surplus in the pool is handled according to the fund's rules and the Shariah board's guidance. Whether and how surplus is distributed depends on the specific scheme and annual fund performance. Check the product documentation for the exact terms.
See how Salama's takaful cover stands alongside other CBUAE-licensed takaful operators and conventional insurers. Independent comparison.
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