Amãna Bank honoured with Euromoney accolade

Cementing its leadership status for non-interest-based banking in the country, Amãna has been honoured with the title of Best Islamic Bank in Sri Lanka at the prestigious Euromoney Islamic Finance Awards. 

As cited by Euromoney, this accolade reflects Amãna Bank’s remarkable year of growth, innovation and unwavering commitment to people-friendly banking.

The Euromoney Islamic Finance Awards, which are part of Euromoney’s globally accepted award platforms, are given to non-interest-based financial institutions that have demonstrated outstanding performance during the previous 12 months and recognise the institutions that have made an impact in their respective markets and contributed to the development of the non-interest-based banking and the finance market in general. The awards are judged by a panel made up of Euromoney’s journalists and research team following a strict performance-based evaluation criteria.

During 2023, Amãna Bank achieved its best ever financial performance with a 76 percent growth in profit after tax to reach Rs.1.4 billion, while also strengthening its capital base to Rs.20 billion with a fresh capital infusion, which places the bank on a robust launch pad to grow and seize potential opportunities.

Amãna Bank Managing Director/CEO Mohamed Azmeer stated, “We are honoured to have once again received a global accolade to recognise Amãna Bank’s leadership in non-interest-based banking. This award is a testament to our commitment to promote people-friendly banking to drive the economic growth of our country, while enabling growth and enriching lives of our customers.”