Amana Bank has been honored with the title of “Best Islamic Bank in South Asia 2024” at the Brands Review Magazine Awards 2024, affirming the Bank’s leadership status amongst regional peer banks while also demonstrating its success story of promoting non-interest based financing in the region. Managing Director/CEO of Amana Bank Mohamed Azmeer stated, “Having maintained a strong track record …
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Amana Bank appoints Siddeeque Akbar as President of AAFI
Amana Bank has announced the appointment of its Vice President Retail Banking & Marketing Siddeeque Akbaras the President of the Association of Alternative Financial Institutions (AAFI), testifying Siddeeque’s leadership and expertise within the non-interest based Islamic Banking domain. This appointment was made during the Association’s recent Annual General Meeting. Siddeeque joined Amana Bank in its formative stages to set up …
Read More »Amana Bank refurbishes Child & Adolescent Mental Health Clinic at Kalubowila Hospital
The Amana Bank Team attended the handover ceremony of the refurbished clinic to hospital authorities at the Kalubowila hospital premises As a responsible corporate inspired by its people-friendly banking model, Amana Bank recently refurbished the Child and Adolescents Mental Health Clinic of the Colombo South Teaching Hospital (Kalubowila Hospital). The refurbishment project at the clinic, which is one of Sri …
Read More »Amana Bank ranked world’s 37th strongest Islamic Bank
Amana Bank announced a significant rise in the latest Asian Banker rankings for the Strongest Islamic Banks in the World for 2023 climbing to the 37th position, marking a remarkable improvement from its 82nd position in 2022. In doing so Amana Bank has surpassed many other globally established Islamic Banks including those from the Middle East and SouthEast Asia.Amana Bank’s …
Read More »Amãna Bank gets capital boost from ICD
Amãna Bank Chairman Osman Kassim exchanging agreements with ICD CEO Khaled Al Aboodi at the 42nd Annual Meeting of IDB Governors in Jeddah, Saudi Arabia Amãna Bank has received confirmation from IB Growth Fund (Labuan) LLP, a subsidiary of the Islamic Corporation for the Development of the Private Sector (ICD), to participate in the Bank’s forthcoming rights issue. ICD is …
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