OrphanCare has successfully completed its 9th consecutive quarterly fund distribution benefiting over 3,000 orphans from 80+ orphanages across the island. Despite the challenges of the ongoing Covid-19 pandemic, the OrphanCare Trust continued to distribute funds while also increasing the number of beneficiaries,...
Ajmal Naleer, joins M Pharis Jazeel and M M S Quvylidh as Senior VP. Amana Bank has appointed versatile banker Imtiaz Iqbal as its Chief Operating Officer (COO) with effect from 1 January 2022. Having joined Amana Bank in 2018, Imtiaz Iqbal served as its VP Operations taking over the responsibilities...
Amana Bank PLC Sri Lanka was recognised with the Gold Award for Entity of the Year at the much celebrated IFFSA Awards, which recognises the non-interest based Islamic Banking & Finance industry amongst South Asian countries, including India, Pakistan, Sri Lanka, Bangladesh and Maldives. The Bank...
Amana Bank recently recognised one of its Children Savings Account holders who achieved a District 1st Rank (Kegalle) at the 2020 GCE Ordinary Level Examination. Master M N A Aabidh who achieved this distinction representing Zahira College Mawanella was also placed 2nd in the Island amongst all Tamil...
Amana Bank has been crowned as one of Asia’s Best Employer Brands at the recently concluded Asia Best Employer Brand Awards organized and adjudicated by World HRD Congress. This regional accolade follows Amana Bank’s previously being adjudged one of Sri Lanka’s Best Employer Brands...
Amana Bank Sri Lanka has been ranked amongst the Top 50 Strongest Islamic Banks in the World according to the latest ranking index published by The Asian Banker, thereby further cementing the Bank’s position as a leading practitioner of the non-interest based banking model. In evaluating the Strongest...
Amana Bank was bestowed the Gold Award for Finance Deal of the Year at the recently concluded SLIBFI Awards 2021, which were adjudicated by KPMG and organized by UTO EduConsult. The Deal of the Year Award was adjudicated to the Bank owing to financing the operations of Fits Aviation, a private airline...
OrphanCare, Amana Bank’s flagship community outreach programme, completed yet another round of fund disbursements to its beneficiary orphan accounts, thereby totalling 8 rounds of uninterrupted quarterly distributions, despite the ongoing challenging environment as a result of the Covid-19 pandemic....
Tops award chart by also winning Gold for Deal and Marketing Campaign Amana Bank was awarded the coveted ‘Entity of the Year’ accolade for the third consecutive year at the recently concluded SLIBFI Awards 2021. Held for the 10th year, the SLIBFI Awards are independently adjudicated by KPMG. In...
Amana Bank continued its impressive profitability trend as it recorded a significant 89% YoY growth in Profit Before Tax for the nine months ending 30 September 2021 to close at LKR 736.3 million in comparison to LKR 389.4 million recorded for the corresponding period of 2020. During Q3, a period in...
Amana Bank was ranked among the World’s Top 100 Strongest Islamic Banks by The Asian Banker in their 2020 ranking index based on balance sheet strength and asset size. In evaluating the Strongest Islamic Banks, The Asian Banker has established a comprehensive and rigorous scorecard entailing six...
UK’s highly acclaimed Global Banking and Finance Review Magazine has adjudicated Amãna Bank as the ‘Fastest Growing Retail Bank in Sri Lanka’ in their recent awards announcement. Having achieved a 16% growth in Total Assets in 2020, Amãna Bank went on to reach the milestone...
In their latest rating review carried out in September 2021, Fitch Ratings Sri Lanka has affirmed Amana Bank PLC’s National Long Term Rating at BB+ with a Stable Outlook, thereby maintaining the Bank’s rating profile which was upwardly revised in June 2020. This rating is affirmed despite...
Having declared a LKR 260 million worth Interim Scrip Dividend last week, Amãna Bank in its latest CSE communiqué have confirmed 4th October 2021 and 6th October 2021 as the XD Date and the Record Date respectively for the dividend. The 2021 Scrip Dividend, which is in line with the directions...
Continuing its divided journey and having just concluded 10 years of operations, Amãna Bank recently announced its fourth consecutive annual dividend by offering its shareholders an Interim Scrip Dividend of 10 cents per share for the Financial Year 2021. The Bank’s latest dividend which...
The birth of a child is surely a significant occasion in any parent’s life, and from that point onwards every parent envisions the best for their child, including establishing a sound financial foundation. To help children achieve their fullest potential, Amãna Bank is once again joining...
Demonstrating the reliability of its information security systems, Amana Bank’s ISO/IEC 27001:2013 certification has been successfully affirmed by Bureau Veritas Sri Lanka. The prestigious ISO certification is a world recognized accreditation for information protection and security, bestowed by...
Amana Bank has donated a non-invasive ventilator to the Base Hospital in Puttalam in supporting the efforts to fight the worst Covid-19 pandemic wave in the country by far. This donation comes at a time when many hospitals face a shortage of medical equipment to tackle the ongoing crisis of overwhelming...
Amãna Bank continued its impressive performance amidst economic challenges to record a strong first half of 2021, in which the Bank’s Profit Before Tax (PBT) doubled or grew by 102% YoY to reach LKR 505.7 million from LKR 250.5 million recorded in H1 of 2020. Profit After Tax (PAT) for the...
Amãna Bank recently signed a Memorandum of Understanding with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) which enables their students to obtain laptops under the Bank’s people friendly easy payment plan financing scheme. CA Sri Lanka is the largest professional accountancy...
