Business insurance · United Arab Emirates
Salama (Islamic Arab Insurance)
Shariah-compliant engineering takaful — CAR, EAR, plant + workmen’s comp
Market position
The UAE’s leading Takaful (Shariah-compliant) insurer (Dubai, est. 1979, DFM-listed), serving 450k+ customers. Its general takaful line covers the full engineering set — CAR, EAR, CPM, MBD, EE — plus workmen’s compensation and employer/public liability, making it a one-stop Shariah-compliant carrier for contractors who require takaful structures.
United Arab Emirates-specific note
The pick when a contractor or client specifically requires Shariah-compliant (takaful) cover rather than conventional insurance.
Pros
- + Leading Shariah-compliant/takaful provider (matters for many Gulf contracts)
- + Full engineering suite + workmen’s comp + liability on one paper
- + Large, established, DFM-listed
Cons
- − Quote-only pricing
- − Takaful structure unfamiliar to some main contractors/PMCs
- − Large-project risks likely co-takaful/retakaful fronted
Typical United Arab Emirates pricing
Quote-based / risk-rated (not public) — standard for Gulf engineering cover
Why this matters for United Arab Emirates trades
Dubai Municipality (reshaped by Dubai Law No. 7 of 2025) and federal MOEI handle contractor registration/classification; VAT is 5% via the Federal Tax Authority; e-invoicing follows a decentralised Peppol model (mandatory for large taxpayers from 2027); Emiratisation (MOHRE/Nafis) governs labour; and Abu Dhabi adds the mandatory Estidama Pearl rating.
UAE construction & trades software selection is shaped by Dubai's BIM mandate, a 5% VAT (Federal Tax Authority), the upcoming Peppol e-invoicing model, Emiratisation labour quotas, a Dubai-vs-Abu-Dhabi regulatory split (Dubai Municipality contractor classification vs Abu Dhabi DMT + Estidama), and AED pricing.
Frequently asked
Is Salama (Islamic Arab Insurance) a good fit for United Arab Emirates trades?
The UAE’s leading Takaful (Shariah-compliant) insurer (Dubai, est. 1979, DFM-listed), serving 450k+ customers. Its general takaful line covers the full engineering set — CAR, EAR, CPM, MBD, EE — plus workmen’s compensation and employer/public liability, making it a one-stop Shariah-compliant carrier for contractors who require takaful structures. The pick when a contractor or client specifically requires Shariah-compliant (takaful) cover rather than conventional insurance.
What does Salama (Islamic Arab Insurance) cost in United Arab Emirates?
Quote-based / risk-rated (not public) — standard for Gulf engineering cover. Pricing and availability can change by region — confirm current United Arab Emirates pricing on the vendor's site before committing.