Al-Falaah clinches Silver at Sri Lankan annual reports
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Krishan Thilakaratne, CEO of Al-Falaah
accepting the Silver Award from Ajith Nivard Cabraal,
Governor of the Central Bank of Sri Lanka. Also in the
picture is Dr. Vijith Kannangara, Chairman of Smart Media
Pvt Ltd along with other officials from Smart Media; Ananda
Jagoda, Chief Creative Officer and Jayantha Nagendran, Chief
Officer Quality Assurance. |
Al-Falaah, the Islamic Business Unit (IBU) of Lanka ORIX Finance PLC
(LOFC), bagged the prestigious Silver Award in the Financials
Diversified Services category at the 2011 League of American
Communications Professionals (LACP), Vision Awards. Al-Falaah won this
award for their 2010/2011 Annual Review titled Values Generate Value.
This winning report was also placed among the Top 25 Sri Lankan
Annual Reports for the year in review.
At a gala, felicitation ceremony organized by Smart Media Pvt Ltd the
Annual Report Company, Krishan Thilakaratne, Chief Executive Officer of
Al-Falaah, received this prestigious award from Chief Guest, Ajith
Nivard Cabraal, Governor of the Central Bank of Sri Lanka.
Speaking about this significant win, Thilakaratne said, Al-Falaah's
win at the 2011 LACP Vision Awards is not only a tremendous achievement
for this young business unit, but a tremendous honour for the LOLC Group
as well. Al-Falaah has become a notable trend setter in the Sri Lankan
Islamic Financial sector, capturing the hearts of its customers through
its innovative, personalised and most importantly, Shari'ah compliant
financial product offering. Through our island wide, strategic foot
print, we have made available our broad based Islamic Financial Services
to individuals and businesses of all segments.?
During the previous years, Al-Falaah bagged consecutive Bronze Awards
for their annual reviews for 2008/09 & 2009/10, and this years award has
proven that Al-Falaah is on steady rise to fame.
Al-Falaah has obtained special approval to function within the
regulatory framework of LOFC - a Registered Finance Company under the
Monetary Board of the Central Bank of Sri Lanka. All Islamic financial
activities of Al-Falaah are supervised by a dedicated Shari'ah
Supervisory Board (SSB) chaired by industry leading local and
international eminent Shari'ah scholars.
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