22.02.2011 - Amana Investments: The torchbearer of Islamic banking in Sri Lanka
From Arabnews.com: Amana Investments Ltd. has been the torchbearer of Islamic banking in Sri Lanka for almost the last two decades. In that time the parent company also established a Takaful (Islamic insurance) subsidiary, Amana Takaful, in a joint venture with Syarikat Takaful Malaysia and Amana Capital. At the helm at Amana are Chairman Osman Kassim and Managing Director and CEO Faizal Salieh, arguably the two most seasoned Islamic bankers in the country. Years of lobbying finally paid off when the Sri Lankan government a few years ago amending its existing banking rules to facilitate the authorization of a Shariah-compliant commercial bank..............................................Full Article: Source
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