Salama Cooperative Insurance Company SJSC 8050.SR · SAR
Financials · Tadawul · 🇸🇦 Saudi Arabia
6.27
+0.48%
Close of 9 Nov 2026, in SAR
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About Salama Cooperative Insurance Company SJSC
Its shares trade on Tadawul under the ticker 8050.SR. It has been listed since 23 May 2007. In the fiscal year to 31 December 2025, it reported revenue before interest expense of SAR 585.5m and a net loss of SAR 91.6m. At that date it held total assets of SAR 808.8m and shareholders' equity of SAR 269.9m.
SALAMA Cooperative Insurance Co. engages in the provision insurance solutions. The firm is organized into three business segments: The Medical segment provides compensation to holders for expenses incurred in treatment of a disease, illness or injury; the Motor segment provides coverage against losses and liability related to motor vehicles, and the Others segment includes property, marine, engineering, accident and liability and miscellaneous categories. Salama serves both individual and institutional customers through six direct Takaful companies in the United Arab Emirates, Saudi Arabia, Egypt, Senegal, Algeria and Jordan, in addition to Re-Takaful Company located in Tunis.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 23 May 2007
- Website
- salama.com.sa ↗
Leadership
Pay as last reported
- Mr. Mountasar Mohammed FoudahIndependent Chairman of the Board
- Mr. Bader Khalid Al AnziChief Executive Officer, Director, since 2021
- Mr. Adnan Jameel KhojaNon-Executive Vice Chairman of the Board
- Mr. Ali Jafar Al TahfhChief Financial Officer
- Mr. Ammar Ahmed GhorabChief Technology Officer, since 2023
- Mr. Nouman Jameel BantanChief Information Officer
- Mr. Hassan Ahmed AlzahraniChief Compliance Officer and AML
- Mr. Shaker Faisal AlkhinaniChief Risk Officer
- Ms. Afaf Hamed AlthobyaniHuman Resource and Administration Manager
- Mr. Mohammed Nasser AlwhbiCustomer Care Manager
- Mr. Hani Ghazi BahadiChief Sales Officer
- Mr. Issam Ibrahim KhatarishAnti-Fraud Manager
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Salama Cooperative Insurance Company SJSC serves six direct Takaful companies across multiple countries including Saudi Arabia and UAE.
- The Medical segment covers treatment expenses for diseases, illnesses, or injuries effectively.
- The Motor segment provides comprehensive coverage for motor vehicle losses and liability.
Weaknesses
- The company operates in multiple countries with varying regulatory environments.
- The Others segment includes diverse categories like property and marine, which may require specialized expertise.
- Re-Takaful Company in Tunis may face challenges in international coordination.
Opportunities
- Expansion into new markets within the Middle East and Africa through existing Takaful companies.
- Growth in the Medical segment due to increasing health care needs in Saudi Arabia.
- Potential partnerships with institutions in Egypt and Senegal for broader market reach.
Threats
- Regulatory changes in Saudi Arabia could impact insurance operations.
- Competition from established insurers in the UAE market.
- Economic instability in Senegal might affect insurance demand.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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