SALAMA

Islamic Arab Insurance Co. (Salama)

SALAMAStocksDubai Financial MarketInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	195.41M	150.43M	145.83M	133.45M	104.44M
Total Assets	3.24B	3.31B	3.33B	3.57B	4.77B
Investment Securities	31.31M	28.46M	30.54M	162.06M	323.16M
Reinsurance Recoverable	437.12M	470.86M	348.46M	281.85M	467.69M
Liabilities
Total Liabilities	2.88B	2.97B	2.96B	2.76B	3.92B
Insurance Liabilities	2.56B	2.67B	2.62B	2.42B	0.12B
Unearned Premiums	—	—	—	—	347.70M
Unpaid Claims	—	—	—	—	574.95M
Equity & Ownership
Total Equity	360.02M	334.38M	368.74M	816.27M	843.17M
Shares Outstanding	483,021,000	483,023,543	483,023,543	483,028,024	483,029,005
Cash & Assets
Total Assets	3.24B	3.31B	3.33B	3.57B	4.77B
Cash & Equivalents	195.41M	150.43M	145.83M	133.45M	104.44M
Net Cash (Debt)	189.41M	144.22M	141.14M	124.62M	74.80M
Net Cash Per Share	0.39	0.30	0.27	0.26	0.15
Net Cash Growth	+31.3%	+2.2%	+13.3%	+66.6%	-1.0%
Other Receivables Insurance	25.83M	34.83M	82.07M	102.25M	216.03M
Restricted Cash	314.23M	298.84M	283.53M	269.11M	498.12M
Construction In Progress	1.58M	0.44M	0.44M	1.37M	0.59M
Land	11.24M	10.74M	10.81M	8.78M	8.71M
Buildings	33.59M	32.05M	32.28M	23.22M	23.67M
Machinery	27.69M	26.16M	24.92M	24.04M	25.56M
Property, Plant & Equipment	53.38M	53.25M	51.98M	43.20M	40.91M
Goodwill	65.63M	65.63M	65.63M	114.64M	114.64M
Other Intangibles Insurance	1.05M	1.56M	2.38M	3.18M	3.13M
Other Current Assets Insurance	0.77M	0.75M	0.97M	1.35M	8.41M
Other Long Term Assets Insurance	208.30M	169.96M	165.46M	252.03M	117.76M
Long-Term Deferred Tax Assets	7.72M	5.17M	5.12M	4.09M	—
Separate Account Assets	1.78B	1.92B	2.02B	1.95B	2.40B
Long-Term Leases	3.89M	4.01M	2.19M	6.07M	2.22M
Current Portion of Leases	2.12M	2.19M	2.51M	2.76M	2.42M
Long-Term Deferred Charges	—	—	—	—	178.16M
Loans & Investments
Investment Debt Securities	31.31M	28.46M	30.54M	162.06M	323.16M
Investment Equity Preferred	40.53M	36.84M	36.32M	36.13M	35.38M
Other Investments	15.22M	20.99M	25.25M	63.08M	62.56M
Reinsurance Recoverable	437.12M	470.86M	348.46M	281.85M	467.69M
Total Investments	0.15B	0.14B	0.15B	0.42B	0.62B
Liabilities & Obligations
Total Liabilities & Equity	3.24B	3.31B	3.33B	3.57B	4.77B
Accounts Payable Insurance	90.47M	68.77M	57.68M	59.24M	76.89M
Accrued Expenses	32.19M	26.34M	22.03M	25.27M	124.99M
Current Income Taxes Payable	23.47M	22.23M	16.04M	6.15M	18.74M
Other Current Liabilities Insurance	57.98M	51.43M	51.68M	34.31M	—
Other Long Term Liabilities Insurance	—	—	17.14M	16.69M	40.94M
Reinsurance Payable	101.71M	122.09M	162.30M	185.20M	192.29M
Separate Account Liability	—	—	—	—	2.39B
Unearned Premiums	—	—	—	—	347.70M
Unpaid Claims	—	—	—	—	574.95M
Insurance Annuity Liabilities	2.56B	2.67B	2.62B	2.42B	0.12B
Deffered Tax Liabilities Insurance	0.24M	4.09M	0.12M	0.10M	—
Debt & Funding
Short-Term Debt	—	—	—	—	25.00M
Total Debt	6.01M	6.20M	4.70M	8.82M	29.64M
Equity & Book Value
Shareholders' Equity	360.02M	334.38M	368.74M	816.27M	843.17M
Total Common Equity	300.04M	284.05M	299.51M	746.06M	767.49M
Common Stock	0.48B	0.94B	0.94B	1.21B	1.21B
Retained Earnings	-9.42M	-432.35M	-444.06M	-264.52M	-268.65M
Treasury Stock	—	-35.97M	-35.97M	-35.97M	-35.97M
Comprehensive Income & Other	-173.57M	-187.22M	-160.05M	-163.45M	-137.89M
Minority Interest	59.99M	50.33M	69.24M	70.21M	75.68M
Book Value Per Share	0.62	0.59	0.62	1.54	1.59
Tangible Book Value	233.35M	216.86M	231.49M	628.24M	649.72M
Tangible Book Value Per Share	0.48	0.45	0.48	1.30	1.35
Filing Date Shares Outstanding	483.02M	483.02M	483.02M	483.03M	483.03M
Total Common Shares Outstanding	483.02M	483.02M	483.02M	483.03M	483.03M
Supplemental
Total Liabilities Insurance	2.88B	2.97B	2.96B	2.76B	3.92B

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (AED)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Assets
Cash & Equivalents	195.41M	150.43M	145.83M	133.45M	104.44M
Total Assets	3.24B	3.31B	3.33B	3.57B	4.77B
Investment Securities	31.31M	28.46M	30.54M	162.06M	323.16M
Reinsurance Recoverable	437.12M	470.86M	348.46M	281.85M	467.69M
Liabilities
Total Liabilities	2.88B	2.97B	2.96B	2.76B	3.92B
Insurance Liabilities	2.56B	2.67B	2.62B	2.42B	0.12B
Unearned Premiums	—	—	—	—	347.70M
Unpaid Claims	—	—	—	—	574.95M
Equity & Ownership
Total Equity	360.02M	334.38M	368.74M	816.27M	843.17M
Shares Outstanding	483,021,000	483,023,543	483,023,543	483,028,024	483,029,005
Cash & Assets
Total Assets	3.24B	3.31B	3.33B	3.57B	4.77B
Cash & Equivalents	195.41M	150.43M	145.83M	133.45M	104.44M
Net Cash (Debt)	189.41M	144.22M	141.14M	124.62M	74.80M
Net Cash Per Share	0.39	0.30	0.27	0.26	0.15
Net Cash Growth	+31.3%	+2.2%	+13.3%	+66.6%	-1.0%
Other Receivables Insurance	25.83M	34.83M	82.07M	102.25M	216.03M
Restricted Cash	314.23M	298.84M	283.53M	269.11M	498.12M
Construction In Progress	1.58M	0.44M	0.44M	1.37M	0.59M
Land	11.24M	10.74M	10.81M	8.78M	8.71M
Buildings	33.59M	32.05M	32.28M	23.22M	23.67M
Machinery	27.69M	26.16M	24.92M	24.04M	25.56M
Property, Plant & Equipment	53.38M	53.25M	51.98M	43.20M	40.91M
Goodwill	65.63M	65.63M	65.63M	114.64M	114.64M
Other Intangibles Insurance	1.05M	1.56M	2.38M	3.18M	3.13M
Other Current Assets Insurance	0.77M	0.75M	0.97M	1.35M	8.41M
Other Long Term Assets Insurance	208.30M	169.96M	165.46M	252.03M	117.76M
Long-Term Deferred Tax Assets	7.72M	5.17M	5.12M	4.09M	—
Separate Account Assets	1.78B	1.92B	2.02B	1.95B	2.40B
Long-Term Leases	3.89M	4.01M	2.19M	6.07M	2.22M
Current Portion of Leases	2.12M	2.19M	2.51M	2.76M	2.42M
Long-Term Deferred Charges	—	—	—	—	178.16M
Loans & Investments
Investment Debt Securities	31.31M	28.46M	30.54M	162.06M	323.16M
Investment Equity Preferred	40.53M	36.84M	36.32M	36.13M	35.38M
Other Investments	15.22M	20.99M	25.25M	63.08M	62.56M
Reinsurance Recoverable	437.12M	470.86M	348.46M	281.85M	467.69M
Total Investments	0.15B	0.14B	0.15B	0.42B	0.62B
Liabilities & Obligations
Total Liabilities & Equity	3.24B	3.31B	3.33B	3.57B	4.77B
Accounts Payable Insurance	90.47M	68.77M	57.68M	59.24M	76.89M
Accrued Expenses	32.19M	26.34M	22.03M	25.27M	124.99M
Current Income Taxes Payable	23.47M	22.23M	16.04M	6.15M	18.74M
Other Current Liabilities Insurance	57.98M	51.43M	51.68M	34.31M	—
Other Long Term Liabilities Insurance	—	—	17.14M	16.69M	40.94M
Reinsurance Payable	101.71M	122.09M	162.30M	185.20M	192.29M
Separate Account Liability	—	—	—	—	2.39B
Unearned Premiums	—	—	—	—	347.70M
Unpaid Claims	—	—	—	—	574.95M
Insurance Annuity Liabilities	2.56B	2.67B	2.62B	2.42B	0.12B
Deffered Tax Liabilities Insurance	0.24M	4.09M	0.12M	0.10M	—
Debt & Funding
Short-Term Debt	—	—	—	—	25.00M
Total Debt	6.01M	6.20M	4.70M	8.82M	29.64M
Equity & Book Value
Shareholders' Equity	360.02M	334.38M	368.74M	816.27M	843.17M
Total Common Equity	300.04M	284.05M	299.51M	746.06M	767.49M
Common Stock	0.48B	0.94B	0.94B	1.21B	1.21B
Retained Earnings	-9.42M	-432.35M	-444.06M	-264.52M	-268.65M
Treasury Stock	—	-35.97M	-35.97M	-35.97M	-35.97M
Comprehensive Income & Other	-173.57M	-187.22M	-160.05M	-163.45M	-137.89M
Minority Interest	59.99M	50.33M	69.24M	70.21M	75.68M
Book Value Per Share	0.62	0.59	0.62	1.54	1.59
Tangible Book Value	233.35M	216.86M	231.49M	628.24M	649.72M
Tangible Book Value Per Share	0.48	0.45	0.48	1.30	1.35
Filing Date Shares Outstanding	483.02M	483.02M	483.02M	483.03M	483.03M
Total Common Shares Outstanding	483.02M	483.02M	483.02M	483.03M	483.03M
Supplemental
Total Liabilities Insurance	2.88B	2.97B	2.96B	2.76B	3.92B