17.06.2011 - Sri Lanka Commercial Bank starts Islamic finance

Sri Lanka's Commercial Bank of Ceylon said it is starting an alternative banking services compliant with Islamic Sharia law, with a three member committee of scholars to ensure compliance. "As one of Sri Lanka’s largest private banks it is our obligation to ensure that the services the unit provides are fully compliant with the tenets of the Sharia," managing director Amitha Gooneratne said in a statement..............................................Full Article: Source

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