Amana globally honoured as ‘Best Islamic Bank in Sri Lanka’

Sri Lanka’s pioneer Islamic bank, Amana Bank was voted the ‘Best Islamic Bank in Sri Lanka’ at the global Islamic Finance News poll for 2011 conducted by the Malaysia-based RedMoney Group. The results of this prestigious award poll held for the seventh consecutive year were officially released last week, which includes the results for the World’s Best Islamic Bank, the Islamic Banker of the Year, the Best Islamic Bank by country and the Best Islamic Banking Deals for the Year.

Amana Bank, with this win continues to establish its leadership position and stature in the field of Islamic finance in the country.

The Islamic Finance News Poll 2011 which was concluded in December last year takes an unbiased and all-encompassing approach in selecting the best banks in the world.

The Islamic Finance News Poll was established in 2005, and continues to be an apt representation of the current Islamic financial market landscape. Since then it has been the industry’s leading, transparent and most comprehensive annual poll. Islamic finance issuers, investors, financial intermediaries and government bodies from around the world participate by casting their votes for the best players and deals in the various award categories every year.

The poll winners will be presented with their awards at two separate ceremonies held in Kuala Lumpur and Dubai in February 2012.

Commenting on this global accolade, Amana Bank’s Managing Director and CEO Faizal Salieh said “It is indeed an honour to have won this international award and to be recognized as the best Islamic Bank in Sri Lanka. Over the course of last year we were able to achieve many milestones, of which commencing commercial banking operations was the most significant. I would like to sincerely thank all our employees, customers and stakeholders for supporting the growth of the bank which enabled us emerge winners at the Islamic Finance News poll.”

Amana Bank is Sri Lanka’s first Licensed Commercial Bank to operate in complete harmony with the principles of Islamic banking. Guided by its principles, Amana Bank presents a new way forward enriched with honour, humanity, stability and uniqueness. While being the pioneer and market leader in Islamic banking in Sri Lanka, the Bank is focused on capitalizing on the growing market potential for this unique banking concept among all communities in the country.