Business Times

Amãna Bank, Sri Lanka’s first Islamic or Sharia compliant bank, opens for business

Amãna Bank, Sri Lanka’s first licensed commercial bank to operate fully under the principles of Islamic banking, opened for business last week at a simple launch event with Central Bank Governor Ajith Nivard Cabraal as the Chief Guest.

Picture shows Managing Director/CEO Faizal Salieh addressing those present at the launch.

Islamic banking is a concept gaining fast popularity and acceptance across the world. Guided by strong values and ethics the banking model has shown great resilience during the recent global economic downturn and as a result is now emerging as a popular alternative to conventional banking.

Amãna Bank will be offering a range of financial products and services including Current Accounts, Savings Accounts, Children’s Savings Account, Term Investment Accounts, Home Financing, SME Banking, Corporate Banking, Trade Services and Treasury Services.

It will be opening its doors to the public across 14 branch locations with presence in Colombo 3 (Main Branch and Ladies’ Branch), Pettah, Kandy, Kurunegala, Akurana, Gampola, Mawanella, Galle, Oddamavadi, Kattankudy, Kalmunai, Akkaraipattu and Sammanthurai.

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