Islamic Finance

How The RACE Model Can Help Your Business by Marshad Barry

  In business development, we try to implement different types of models in order to improve and enhance the business. One such model identified by many leading organizations is the RACE model which is a  framework for the strategic planning of digital marketing activities or Omni channel communication plans.  The RACE model consists of four stages; each aimed at customers …

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Amana Bank records the highest ever dividend with 8th consecutive declaration

Amana bank

Amana Bank PLC is pleased to announce the declaration of its 8th consecutive annual dividend, reaffirming its commitment to rewarding shareholders. The Bank declared an interim cash dividend of Rs. 1.30 per share, marking its highest-ever dividend payout amounting to LKR 716.5 million. Since commencing annual dividends in 2018, Amana Bank’s cumulative dividend declarations will have exceeded LKR 2.8 billion, …

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Saudi Arabia introduces official symbol for riyal

Saudi Arabia presented its official symbol for the riyal today, the Saudi Central Bank (SAMA) has announced. “This initiative aims to promote Saudi Arabia’s financial identity, locally, regionally and internationally,” said SAMA. “It reinforces national identity and cultural belonging, highlights the role of the national currency, and showcases the Kingdom among major global economies and G20 members.” King Salman on …

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