Amãna Bank continued to be the Lead Banking Partner for the annual Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Conference, which over the years has brought together the country’s Islamic finance industry and its key regulatory stakeholders to one forum to discuss the Progress, challenges and potential of the industry. The Conference recently took place with the participation of many industry leaders, practitioners, advisories, regulators and scholars.

Celebrating its 10th Anniversary, the SLIBFI conference this year was held under the theme ‘A Decade of Transformation’ with panel discussions reflecting upon the achievements and how the industry is geared to move forward.

Commenting on the partnership, the Bank’s Chief Executive Officer Mohamed Azmeer said “Amãna Bank is honoured to continue its partnership as the Lead Banking Partner of the SLIBFI Conference. The forum enabled rich discussion in expanding the non-interest based banking model in the country amidst an ever changing banking landscape.”

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 branches, 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 revising its outlook to Positive from Stable. Amãna Bank does not have any subsidiaries, associates or affiliated institutions representing the Bank.

Photo caption: Amana Bank's CEO Mohamed Azmeer speaking at the CEO Forum