Amana Bank is a licensed commercial bank in Sri Lanka practising Islamic finance

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Amãna Bank honoured as Islamic Bank of the Year for the third consecutive year

‘The Banker’ Magazine, the renowned expert in providing economical and financial intelligence recently recognised Amãna Bank as Islamic Bank of the Year in Sri Lanka for the third consecutive occasion when it concluded its global search for the best financial institutions operating in the unique non-interest based Islamic banking and finance space.

Commenting on the accolade, the Bank’s Chief Executive Officer Mohamed Azmeer said “It is truly an honour to be adjudged by the Banker Magazine as the Best Islamic Bank in Sri Lanka for the third consecutive year which attests to the growth momentum Amãna Bank has recorded. Being the pioneer in Sri Lanka and a leader in the region in Islamic Finance we continue our commitment to provide the people friendly banking model aided by digital innovation and introduction of pioneering products and services. We are grateful to our customers, staff and all other stakeholders, for their confidence and commitment throughout our journey.”

Amãna Bank is the country’s first and only Licensed Commercial Bank to operate in complete harmony with the globally growing non-interest based banking model. With the mission of Enabling Growth and Enriching Lives, the Bank reaches out to its customers through a growing network of 29 branches, 14 Self Banking Centres and 4000+ ATM access points and has introduced an array of customer conveniences such as Internet & Mobile Banking, Debit Card with SMS alerts, Online Account Opening, 365 Day Banking, Saturday Banking, Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah based IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is a ‘AAA’ rated multilateral development financial institution with an authorized capital base of over USD 150 Billion which has a membership of 57 countries. Fitch Ratings, in June 2018, affirmed Amãna Bank’s National Long Term Rating of BB(lka) while upgrading its outlook to Positive from Stable. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing the Bank.

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