Business Times

Amana wins top global award for Islamic Finance in Sri Lanka

Amana Investments won the award for the category Best Islamic Bank in Sri Lanka in the 2009 Islamic Finance News Poll conducted by the Malaysian-based REDmoney Group, the company said. Though Amana Investments is not a bank (it has received provisional approval from the Central Bank), the award it has won in the category of the Best Islamic Bank by country confirms its clear leadership position in the field of Islamic Finance in Sri Lanka.


Picture shows Faizal Salieh, MD and CEO of Amana Investments, receiving the award from Andrew Morgan, MD of REDmoney Group.

An Amana press release said the REDmoney Group publishes the leading and widely circulated Islamic Finance industry journal in the global finance sector that captures all the significant events and activities that take place in the field of Islamic financial services, including banking, insurance, stockbroking, fund management etc worldwide.

The Islamic Finance News Awards Polls are the most transparent, definitive and competitive awards in Islamic finance today and are based on a unique poll which is a true reflector of the global Islamic financial markets. Winners of the Islamic Finance News Poll received the prestigious awards at two special Awards Ceremonies, the first on February 25 in Kuala Lumpur, followed by another on March 8 in Dubai.

Commenting on the win, Mr. Faizal Salieh, Managing Director & CEO of Amana Investments, said, “We are honoured to be recognised internationally as the best Islamic Finance provider in Sri Lanka. This award acknowledges our present market leadership position and stature and the contribution we have made in the field of Islamic Finance in the country. It also puts Sri Lanka on the World map of Islamic finance and banking.” Amana Investments Ltd has pioneered Islamic Finance in the country since 1997.

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