Amãna Bank is the first and only licensed commercial bank in Sri Lanka. All its operations follow Islamic banking principles and are completely divorced from interest-based transactions. It offers a full range of retail banking, SME banking, corporate banking, treasury and trade finance services.
The bank has a network of 33 branches, 20 self-service banking centres and 5,400 + ATM access points, and has launched online banking, online account opening, VISA debit card with SMS reminder, 365 day banking, Saturday banking, extended banking hours, 24x7 cash deposit machines and banking units for ladies only.
Amãna Bank PLC is an independent institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange. The Jeddah-based IDB Group is the major shareholder and holds a 29.97% stake in the bank. The Inter-American Development Bank Group is an "AAA" -rated Multilateral Development Financial Institution Group with a capital base of over $150 billion and members in 57 countries
The bank is headquartered at 486 Galle Road, Colombo and has branches in 33 locations across the country.
In April 2020, Fitch Ratings gave Amana Bank PLC a rating ("BB +" with a stable outlook)
Amana Bank is a Sri Lankan-based bank known for providing Sharia-compliant financial services. Here are some details about Amana Bank:
Background & History
Amana Bank was established in 2011 and is the first bank in Sri Lanka to be fully Sharia-compliant. It was established to serve those who wish to conduct financial transactions without violating Sharia.
Mission & Objectives
Amana Bank's mission is to promote the financial health and socio-economic development of its customers by providing transparent, fair and Sharia-compliant financial products. The bank is committed to providing high-quality services to its customers while following the principles of Islamic finance.
Main Services & Products
Amana Bank offers a wide range of financial products and services, including:
- Savings Accounts: Offers Sharia-compliant savings accounts where customers can deposit without interest involved.
- Financing products: Includes financing options for personal and business purposes, such as financing for home purchases and financing for cars. All products follow the principles of Islamic finance.
- Investment services: Offer customers Sharia-compliant investment opportunities to help them achieve wealth growth.
- Corporate banking: Offer a wide range of services to corporate customers, including trade finance and cash management.
Members and networks
Amana Bank has multiple branches in Sri Lanka, serving customers across the country. Its customer base includes individuals, families and businesses of all sizes.
Community Engagement
Amana Bank is actively involved in community development projects that aim to enhance the overall well-being of the community through investments in areas such as education, health and social welfare.
Addressing Climate Change
Although Amana Bank's main business is focused on financial services, it is also aware of the importance of sustainability and social responsibility and may incorporate sustainability principles into its operations.
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