Islamic Arab Insurance Co (Salama) PJSC 2022 IR
The report highlights SALAMA's financial and sustainability performance for the fiscal year 2022. The company achieved a net profit of AED 42.462 million with gross written contributions reaching AED 1.12 billion. Key milestones included the proposed acquisition of insurance portfolios from Dubai Islamic Insurance and Reinsurance Company (Aman) and a capital reduction plan to write off accumulated losses. On the sustainability front, SALAMA increased its Emiratization rate to 10.9% and significantly expanded employee training to 3,745 hours. Additionally, the company advanced its digital transformation by implementing WhatsApp customer services and reducing paper usage by 4.6%.
Company: Islamic Arab Insurance Co (Salama) PJSC
Sector: Finance & insurance
Country: United Arab Emirates
Year: 2022
Type: IR
Pages: 181
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Islamic Arab Insurance Co (Salama) PJSC
Integrated Report
The report highlights SALAMA's financial and sustainability performance for the fiscal year 2022. The company achieved a net profit of AED 42.462 million with gross written contributions reaching AED 1.12 billion. Key milestones included the proposed acquisition of insurance portfolios from Dubai Islamic Insurance and Reinsurance Company (Aman) and a capital reduction plan to write off accumulated losses. On the sustainability front, SALAMA increased its Emiratization rate to 10.9% and significantly expanded employee training to 3,745 hours. Additionally, the company advanced its digital transformation by implementing WhatsApp customer services and reducing paper usage by 4.6%.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees