Posted by: ISLAMIC FINANCE SRI LANKA on: October 30, 2009
30th October 2009
Amana Investments that received provisional licence to open a commercial bank was supposed to commence banking operations in October. However, due to certain constraints, things did not work according the plan. They have requested permission from Central Bank to extend the period. Their Malaysian investors also were in Sri Lanka recently. It is [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 14, 2009
14th August 2009
Dow Jones Indexes, a leading global index provider, and Amana Securities Limited, a trading member of the Colombo Stock Exchange launched the Dow Jones Islamic Market (DJIM) AMANA Sri Lanka Index.
DJIM Amana Sri Lanka Index tracks the performance of Sri Lankan companies that comply with Sharia’a-based investment principles. As the pioneering and sole [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: August 12, 2009
18th August 2009
Amana Investments Limited shifted their Pettah branch to a spacious new premises ahead of commencing Banking activities.
The new branch at No.129 Main Street, Colombo 11, was opened by Mr. Faizel Saleh, CEO of Amana Investments at a simple ceremony.
The Pettah branch is headed by Senior Manager Mr. Rizah Ismail, who is an experienced banker.
Amana [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: July 20, 2009
Amana Takaful, a subsidiary of
Amana Investments, completed
10 years of Takaful in Sri Lanka.
Director/CEO of Amana Takaful Insurance
Mr. Ehsan Zaheed in a recently held Awards Day
said that they have now reached a milestone
in Takaful and only brighter times lie ahead.
Posted by: ISLAMIC FINANCE SRI LANKA on: July 14, 2009
Amana Investments – Sri Lanka, has taken full stride in promoting
Islamic Finance and has furhter strengthened its compliance with
Sharia by setting up a new and foolproof
Sharia Risk Management Framework (SRMF) in May 2009.
The objective of the SRMF is to ensure a ‘Zero Tolerance’ culture
in all their departmental activities. By implementing a strong
Zero Tolerance Sharia culture [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: June 25, 2009
First Islamic Bank in Sri Lanka
