Azharseylan's Blog

Archive for the ‘Amana Investments’ Category

AMANA BANK OPENING DELAYED

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 [...]

AMANA INVESTMENT – PETTAH BRANCH TO A NEW PREMISES

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 [...]

Amana impliments Sharia Risk Managment Framework

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 [...]

FIRST ISLAMIC BANK IN SRI LANKA

Posted by: ISLAMIC FINANCE SRI LANKA on: June 25, 2009

First Islamic Bank in Sri Lanka