SIIL also boasts a wide ranging and diversified portfolio aimed at increasing value for our investors. The direct portfolio represents strategic investments by way of equity stakes in promising regional companies. Our indirect portfolio consists of broad-based equity shares in local, regional and international equity markets.
We welcome investors who are looking to for a stake in an insightful, profitable company, one where growth is the top priority and their interests are always put first.
The Salam Advantage
Our shareholders choose to invest in SIIL for several compelling reasons, including:
Led by our Corporate Centre, the central focus of the company’s Corporate Strategy is the effective management of the investment of its capital and our investment portfolio is structured to generate multi-level protection for all of our shareholders.
At SIIL, we are fortunate to be guided by an accomplished, dedicated and diverse Board of Directors, Executive Directors and Managing Directors, whose experience, expertise and wisdom ensures that the company remains faithful to its shareholders.
SIIL has evolved from humble roots as a small, family-run photographic retailer into a leading regional conglomerate. We are driven by a passion for excellence – and thrive on actively growing the company on behalf of our investors.
SIIL owns and manages a wide array of enterprises in our four key areas of activity, operating across Qatar, the UAE, Palestine, Saudi Arabia, Oman, Bahrain, Jordan and Lebanon, with further expansion planned in the pan-Arab region and internationally.
Attracting, maintaining, developing and harnessing talent is one SIIL’s key objectives. The business is comprised of dedicated professionals, who are guided by the insights and knowledge inherited from our rich history of innovative entrepreneurship.
SIIL approaches all of its businesses within a framework of clear principles and guidelines, which offer comprehensive rules and regulations addressing matters of integrity, corruption and set out the highest standards of professional conduct for all.
As a public listed company, SIIL operates with complete transparency and the full disclosure of all necessary information to our shareholders, to whom we are always completely accountable.
We are continually focused on maximising profits and shareholder returns, making SIIL one of the most attractive companies for investors in the region
Please click on the links below to view or download the following:
SIIL only records annual profits, according to the Board of Directors suggestion, and as approved by the General Assembly on Profits Proportion.
After last trading day has closed, prior to General Assembly Meeting, or according to the Board of Directors suggestions, which are approved by the General Assembly.
As per the General Assembly approval.
Salam shares are traded at the Doha Securities Market.
During the first four months of the new financial year.
The procedures are as follows:
The process of buying and selling shares is done exclusively through one of the markets. Salam will not be involved with the selling or purchase of shares, on behalf of the shareholders or non-shareholders.
Shareholders who wish to either sell or purchase shares have to complete the documentation necessary for the selling or purchasing of original shares, depending on their requirement. The documentation must include the name of the shareholder, the number of shares he/she wants to sell or purchase, the price of buying or selling, and the name of the company he/she wants to sell/ purchase, and the order must be signed.
If the shareholder wants to sell, he/she needs to show his/her account number and the bank he/she is dealing with, in order to transfer the net value of the shares being sold to the mentioned account. (It is also necessary that the shareholder's signature is confirmed by the bank he/she is dealing with).
The order of selling or buying is sent after completing the forms, signing, and signature ratification, attached with ID or passport copy, to an accredited brokerage company in one of the two markets. For more information on the approved brokerage companies, please visit:
Doha Securities website: http://www2.dsm.com.qa
After the completion of the documentation, the sale process is carried out according to the rate as at the sale date; this rate is determined by supply and demand. After the deduction of mediator commission and financial market commission from sale value, the mediator will transfer the net sale value of the shares to the shareholder account, indicated in the order of sale, and the shareholder seller will pay transfer fees. Note that there is a high and low specific rate in each market.
The timing of shares dealing at the Doha Securities Market is: 9:00 to 11:30 am, Sunday to Thursday except on official holidays in Qatar.
You can visit www.salaminternational.com or the Doha Securities Market website.
The General Assembly appoints the company's auditors for accounts for a period of one year, and may re-appoint the person again, provided that is does not exceed a period of five years of continuous recruitment. The appointed auditor has to be registered in the relevant ministry.
+974 44830439, +974 44838733
Fax: +974 44833576
The company disseminates the following financial statements reports during the mentioned periods:
Financial statements for the first quarter: to be announced and disseminated in three weeks following the end of the first quarter of the year.
Financial statements for the second quarter (bi-annual): to be announced and disseminated in 45 days followed by the end of the first six months of the relevant year.
Financial statements for the third quarter: to be announced and disseminated in the three weeks following the end of third quarter of the year.
Financial statements for the forth quarter (final statements): to be announced and disseminated in three months following the end of the relevant year.
Shares division is not a system that Doha Securities Market works with.
On the 31st of December of each year.
The company is not allowed to provide advice or recommendations on the process of buying or selling, ask your financial consultant or your mediator in the market.
The Salam International code at the Doha Securities Market is: (SIIS).
No certificate will be issued for shares, as the shares restricted to the records of the Doha Securities Market; here you can request a shareholder account, which is considered a formal document.
Salam International owns 100% of the following companies:
Salam Industries Qatar
Qatar Gardens Qatar
Salam Technology Qatar
Stream & Industrial Engineering Qatar
Salam Bounian Qatar
Salam Petroleum Services Qatar
Salam Enterprises Qatar
Salam Studio & Stores Qatar
Gulf Steel & Engineering Qatar
Salam Globex Qatar
Qatari German Switchgear Qatar
Salam Enterprises UAE
Salam Enterprises KSA
Salam Enterprises Bahrain
Atelier 21 UAE
Modern Decoration UAE
Salam Studio & Stores UAE
New Image Building Services Qatar
Itelligent Technologies Qatar
Salam Hospitality Qatar
In addition, Salam has many direct investments and corporate enterprises in many Arab countries, including Jordan, UAE, Palestine, Saudi Arabia and Oman.
Salam also owns 70.92% of Salam Bounian development's capital.
He must be at least 21 years old.
He must not have been convicted of any criminal penalty or dishonest or in the Secretariat of the crimes referred to in Articles (324), (325) of Law No. (5) Of 2002 (Business Companies Law).
He must own at least (10.000) ten thousand shares of the company's shares.
There should not be any violation of the provisions of the article (97) of Law No. (5) of 2002 (Business Companies Law).
Everyone owns a rate of (10%) of the company's shares, has the right to be a member of the company's board, or to appoint a representative of him, although if he was not on of the shareholders.
Everyone has multipliers of the percentage (10%) of the company's shares; he has the right to appoint his representative in the membership of the Council, even if he was not one of the shareholders, as (10%) of the company's shares for each appointed person, including the owner.
Governed by the Corporate Centre, SIIL’s Corporate Strategy aims to create maximum value for its shareholders by facilitating investment within our own business activities, as well as the allocation of funds for further investments, both direct and indirect.
As one of SIIL’s key profit-generating streams, our investment portfolio is structured to generate multi-level protection for our shareholders through business diversification and geographical spread.
The SIIL Corporate Strategy takes into account current market economic conditions in its capital allocation, both within and outside of our own umbrella of companies. The Corporate Strategy adheres to a ‘Portfolio Investment Model’, which is aimed at maximizing shareholder value.
Our direct portfolio takes the form of equity stakes in promising regional companies, while our indirect portfolio consists of broad-based equity shares in local, regional and international equity markets.
Company financial results are also audited annually as well as assessed on a quarterly basis. Reviewing all available data enables the Corporate Center to make regular informed decisions on both internal and external investments as the representative of shareholders, such as whether to remain committed to a particular activity or investment, reinvest further or divest from it altogether.
Mission and Vision
To consistently promote sustained growth and continued profitability through the effective deployment of capital resources. To develop and execute corporate strategies that prioritize building and sustaining shareholder value. To conduct our business activities in an ethical and honest manner that meets and exceeds our customers’ needs. To become the regional partner of choice for our suppliers and be committed to developing our people and serving the communities in which we operate.
To fulfill our potential and continually evolve by creating value, growing our businesses through excellence.
Mr. Issa Abu Issa – Chairman
Mr. Hussam Abu Issa – Vice Chairman
HE Sheikh Nawaf Bin Nasser Bin Khaled Al Thani – Board Member
HE Sheikh Thani Bin Ali Bin Saud Al Thani - Board Member
Mr. Nasser Suleiman H M Al Haider - Board Member
Mr. Bassam A. Salam Abu Issa - Board Member
Mr. Bader Bin Ali Al Sada - Board Member
Mr. Abdul Salam Issa Abu Issa - Board Member and Chief Executive Officer
Mr. Ali Haider Suleiman Al Haider - Board Member
HE Sheikh Ali Bin Jassim Bin Mohd Saud Al Thani - Board Member
Mr. Ahmed Rashed A L Al-Moosafri - Board Member
Dr. Adnan Ali Steitieh – Secretary to the Board
Visit Doha Securities Market website: http://www2.dsm.com.qa
Click the application form (as shown below), fill the form and send it to the market.
1. Investor Corner
3. DSM 20 Index
5. Legal Transfers
7. Trading Procedures
8. Application Form
10. Financial Statements
12. Financial Indicators
13. Right Issues
This is related to tax legislation in Qatar. For the time being dividends are exempt from income tax. The company is committed to follow any new legislation that maybe issued in Qatar.
Visit Doha Securities Market website: http://www2.dsm.com.qa.
Yes, but the shareholder must pay transfer fees, so he/she should fill an application with his/her bank account number, name of the bank, and the name of the beneficiary.
The SIIL fully paid capital is QR 1,143,145,870 divided into 114,314,587 shares.
• 6% cash in 2002.
• 7% cash in 2003.
• 10% free shares in 2004.
• 8% cash in 2005.
• 10% cash in 2006.
• 12.5 free shares in 2007.
The profits proportion and nature of it is determined according to the financial results, depending on the Board of director's suggestions, approved by General Assembly.