SALAMA Completes Capital Restructuring, Enhances Financial Strength

SALAMA Islamic Arab Insurance Company PJSC completed a capital restructuring program, restoring its solvency to a strong and compliant level. The restructuring included a AED 456 million capital reduction and a AED 155 million Mandatory Convertible Sukuk conversion, resolving over AED 420 million in legacy exposures and strengthening the balance sheet.

By Islamic Arab Insurance Co. (Salama) · PR Newswire · April 27, 2026, 10:07 UTC

Topics: capital restructuring financial strength Mandatory Convertible Sukuk Shariah-compliant insurance solvency

Read the full article at PR Newswire

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