Posted by: ISLAMIC FINANCE SRI LANKA on: November 30, 2009
30th November 2009
LOLC Al-Falah, Islamic Business Unit has called for applications for following positions.
CLOSING DATE: 08th December 2009
(CLOSED)
Marketing Officers/ Executive
Locations: Kalmunai, Kattankudi, Oddamawadi, Polonnaruwa, Anuradhapura, Matara, Kochchikade and Ratnapura
Work area: to market the company’s complete range of Islamic financial products including lending facilities and Deposit mobilisation in the above mentioned regions.
Requirements:
Below 30 years,
minimum 1-3 years [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: November 30, 2009
30th November 2009
Institute of Business Studies will be commencing the Islamic Banking & Finance course that leads to Post Graduate Diploma (PGD) – (6 months) at – IIBI (UK) and MSc in Islamic Finance (1 year) Durham University (UK).
The course will cover Concepts & Principles of Islamic Economics (Diploma Level) & Islamic Finance (Advanced Deiploma [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: November 12, 2009
12th November 2009
Source:
http://www.peacemuslims.org/Ceylinco_Kathankudy_branch_owes_
Rs128_mn_to_depositors-20-1315.html
Ceylinco Kathankudy branch owes Rs128 mn to depositors
Thursday, 05 November 2009
“The Ceylinco Profit Sharing Investment Company’s Kaathankudy branch alone has 1727 customers and a total of over Rs. 73 million in fixed deposits and over Rs. 55 million has been deposited in savings accounts.” This was disclosed at a press conference held by [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: November 11, 2009
11th November 2009
by N M M.Mifly (Naleemy) Senior Assessor (IRD)
Sri Lanka has been devastated for the last three decades by the ruthless war. The Lion’s share of the budget had to be diverted to combat terrorism. No major developments were carried out.
The commitment, sacrifice, patriotism and above all the able political leadership prevailed over the [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: November 3, 2009
03rd November 2009
Insha Allah the latest issue of ‘Islamic Finance Today’ Magazine will be released next week.
Editor Mr. Asiff Hussein states that the negotiations are underway to take this magazine to the Global market.
May Almighty Allah make it a success.
Posted by: ISLAMIC FINANCE SRI LANKA on: November 3, 2009
03rd November 2009
We have seen many changes taking place at First Global. Mr. M.H.M. Faizer, who assumed duties as a strategic advisor couple of months ago has ended his service.
The Deputy CEO Mr. S.H.M. Faraaz who joined First Global recently is in the process of addressing the operational issues. The new capital infusion is expected towards [...]
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: October 1, 2009
01st October 2009
The Bank of Ceylon (BOC), State-owned commercial bank has introduced (Sharia’a) compliant banking under the brand of ‘BOC An-noor’. The essence of Sharia’a compliance has been ensured with a Sharia’a Supervisory Board (SSB) comprising of eminent Sharia’a scholars in the country, separate firewall to protect the serenity of the unit and by applying [...]
Posted by: ISLAMIC FINANCE SRI LANKA on: October 1, 2009
01st October 2009
Peoples’s Leasing Company – Islamic Financial Services Unit, commenced in October 2005, entered the market three months later, and completed its third year of operations on a successful note.
The Islamic Financial Services Unit (IFSU) obtained Qard loan from People’s Leasing Head Office to commence its operation. According to the arrangements, loan funds would [...]
