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S. Lanka’s Amana says gets commercial Islamic banking licence

Posted on 03 February 2011

From Reuters: Sri Lanka’s Amana Bank on Wednesday said it had received central bank approval to start the island nation’s first Islamic commercial bank. The bank is expected to start banking operations this year, this year, Managing Director and CEO Faizal Salieh said in a statement.
“Amana Bank will be Sri Lanka’s first licensed commercial bank to conduct all its business operations in complete harmony with the principles of Islamic banking,” the bank said in a statement……………………………………….Full Article: Source

 
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