The Arab Islamic Insurance Company - Salama, announced that it has completed all requirements for reducing the company's capital with the Securities and Commodities Authority.
The company has fulfilled all necessary conditions for its capital reduction. This decision was made in accordance with regulatory requirements. The Securities and Commodities Authority has approved this process.
"We are pleased to announce that all steps for the capital restructuring have been successfully completed," the company's official statement reads. This decision aims to enhance the company's financial stability and efficiency.
