SINGAPORE INFORMATICS TO OFFER ISLAMIC BANKING COURSES

27 JUL 2010 Singapore Informatics is to offer Islamic Finance Qualification courses very soon. Singapore Informatics has been accredited by The Chartered Institute for Securities & Investment London to offer its courses in Sri Lanka and Islamic Finance Qualification -IFQ is one of the courses that will be offered. This course has a demand in...

ZAILAN EDUCONSULT TO OFFER ISLAMIC BANKING COURSES

27 JUL 2010 Sailan Educonsult will be opening its institute at Vishaka Road, Bambalapitiya very soon. They will be offering Islamic Finance Courses among other courses. The main activity of the Institute will be offering consultation services for Islamic Finance Industry. It has been established under the guidance of Ash sheikh Mufthi Yoosuf.

CEYLINCO PROFIT SHARING CASE GOES TO CID

27 JUL 2010 According to the news item published in Lanka enws website  (http://www.lankaenews.com/Sinhala/news.php?id=14111)  CID has commenced investigations on the now defunct Ceylinco Profit Sharing Corporation. Over 12000 depositors have lost their deposits. Attempts made by Depositors Association to recover the deposits has failed. The news item further states that those who have deposits with...

AMANA TO GET BANKING LICENCE AT LAST

14th July 2010 Insha Allah Amana to get the Commercial Banking licence by end July. If everything go according to the schedule, the Amana Bank PLC will be officially launched by 1st September. May Almighty Allah make things easier and grant all the strength and guidance to the Sharia Board, the Board of Directors and...

FARAZ HAMEED – HEAD OF AL SALAMAH ISLAMIC FINANCE UNIT OF LB FINANCE

3rd July 2010 A new star was born in the Sri Lanka’s Islamic Finance industry with the launch of Al-Salamah Islamic Finance Unit of LB Finance PLC. LB Finance that is being regulated by Central Bank of Sri Lanka has been serving the Sri Lankan Finance industry for last decades. While many Financials institutions in...

COMMERCIAL LEASING TO OFFER ISLAMIC FINANCE

03rd July 2010 Commercial Leasing Company, a subsidiary of LOLC with about 30 branches has been given the green light by their management to offer Islamic Finance. The ground work is being done and very soon Commercial Leasing will enter into Islamic Finance market in Sri Lanka. This will strengthen the LOLC Islamic Finance arm...

FIRST GLOBAL INVESTMENTS MOVES

3rd July 2010 First Global Investment that was offering Islamic Financial products had to wind up their operations temporarily due to regulatory constrains and has commenced liquidating its Mudaraba deposits. The office has been shifted to Collingwood place, Wellawatta, Colombo 6 and is being supervised by Mr. Naeem Thowfeek. He is also supervising the First...

SHARIA’A COMPLIANT INVESTMENT FROM SEYLAN BANK

3rd July 2010 Seylan Bank has introduced a Sharia’a compliant investment product named  Seylan Gold Heart Investment Account. Customers can open an account and deposit money and buy Gold at the current international market prices. When gold is purchased the account will be credited with the gold amount in grams. The Bank will offer its...

ISLAMIC BANKING DIPLOMA FROM ASIA PACIFIC CITY CAMPUS

3rd July 2010 Asia Pacific City Campus was launched in January this year and is offering Islamic Banking Diploma courses to prepare students for the ABE London examination. Courses are conducted on Sundays from 9.00 a.m. to 12.00 noon and the course fee is only Rs. 20,000/- that can be paid in installments .  Classes...

CERTIFIED TAKAFUL ASSOCIATE COURSE FROM AMANA GLOBAL

3rd July 2010 Amana Global Ltd has come forward to fill the vacuum of a professional course in Takaful. The world over the concept of Takaful has gained grounds and recording substantial growth. The 3 months course commences on 5th July 2010. Entry requirement will be adequate passes in GCE O/L examination and age above...