Salama to reduce its share capital

Published on September 17, 2025
(Salama insurance) The Board of Directors of Islamic Arab Insurance Company (SALAMA) passed a resolution at its meeting on 11 September 2025 to reduce the company’s share capital by 475 710 293 AED (129 505 467 USD).Following this capital reduction, the insurer plans to issue sukuk (Islamic bonds) amounting to 175 million AED (47.6 million USD).SAL
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