Salama Islamic Arab Insurance (IAIC)
Info CheckedInsurance Brokers
Oud Metha, Dubai
About
About Salama (IAIC)
Salama — Islamic Arab Insurance Company (IAIC) — was founded in 1979 and is the UAE's largest Takaful (Islamic insurance) provider. Listed on the Dubai Financial Market, Salama serves 450,000+ customers with Sharia-compliant insurance products across life, general, and health segments.
- Founded in 1979 — UAE's first and largest Takaful provider
- AED 939M paid-up capital, ensuring strong financial backing
- 450,000+ customers across the UAE and wider region
- Listed on the Dubai Financial Market (DFM)
- All products are Sharia-compliant, supervised by an independent Sharia board
Takaful Products for Real Estate
- Home Takaful covering building structure and contents
- Commercial property Takaful (fire, natural perils, theft)
- Contractor's All Risks Takaful for construction projects
- Motor and fleet Takaful for real estate company vehicles
- Group medical and life Takaful for property management teams
Sources
Services Offered
Key services Salama Islamic Arab Insurance (IAIC) provides for insurance brokers clients in Dubai:
Why Choose Salama Islamic Arab Insurance (IAIC)
- Established in 1979 as the Islamic Arab Insurance Company (IAIC) — the first takaful insurer in the Middle East and one of the oldest and largest takaful operators in the world.
- A takaful operator (carrier) that underwrites and issues its own Sharia-compliant policies, not a broker.
- All operations are Sharia-compliant and overseen by a Sharia Supervisory Board.
- Offers property-relevant cover including Home & Contents Takaful and Property all-risk (fire & allied perils) takaful.
- Comprehensive range across Family, General and Health Takaful for both individuals and institutions.
- Listed on the Dubai Financial Market and regulated by the Central Bank of the UAE.
How Salama Islamic Arab Insurance (IAIC) Works
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1
Request a quote
Contact Salama online or by phone for a quote on the takaful cover you need.
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2
Provide property / risk details
Share details of the home, contents or asset to be covered so terms and the contribution can be assessed.
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3
Receive policy terms
Salama underwrites the risk and issues the Sharia-compliant takaful certificate terms and contribution for your review.
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4
Activate cover
Pay the takaful contribution to bind the policy and receive your documentation.
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5
Claims support
Lodge claims through Salama's service channels for assessment and settlement.
Business Profile
Hours and pricing may change — confirm directly with the business before engaging.
Licenses & Certifications
Licenses and certifications are subject to renewal. Verify current status with the issuing authority before engagement.
Frequently Asked Questions
Does Salama offer home insurance in Dubai?
Yes. Salama offers Home & Contents Takaful for individuals, alongside Property all-risk (fire & allied perils) takaful for buildings and commercial assets.
Is Salama a broker or an insurer?
Salama is a takaful operator (carrier) — it underwrites and issues its own Sharia-compliant policies rather than placing cover through other insurers.
What is takaful?
Takaful is Sharia-compliant cooperative insurance. Salama operates on takaful principles, with operations overseen by a Sharia Supervisory Board.
Who regulates Salama?
Salama is licensed and regulated by the Central Bank of the UAE (CBUAE), which oversees UAE insurers, and is listed on the Dubai Financial Market.
When was Salama founded?
Salama was established in 1979 as the Islamic Arab Insurance Company (IAIC), making it the first takaful insurer in the Middle East. It rebranded to Salama in 2005.
What other cover does Salama provide?
Beyond home and property takaful, Salama writes motor, health/medical, family takaful (whole life, term, savings and investment), travel, marine, engineering, public liability and personal accident lines.
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Disclaimer: This listing is compiled from publicly available information for informational purposes only. Real Estate Club Dubai does not endorse, recommend, or guarantee the services of any listed business. We encourage you to conduct your own due diligence before engaging any service provider.
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