Orient Finance shines at IFFSA 2024 earning multiple accolades

Orient Finance PLC has been honoured with five awards at the recently concluded Islamic Finance Forum of South Asia (IFFSA) Awards 2024. 

Among the notable awards, Orient Finance's Alternative Finance Business Unit won the Gold Award for Islamic Finance Entity of the Year 2023/2024, reinforcing its position as a trusted leader in the industry. The Gold Award for Islamic NBFI Window/Unit of the Year 2023/2024 also recognizes the company’s excellence in providing tailored financial solutions to diverse communities.In addition to these corporate awards, Orient Finance also celebrated remarkable individual achievements. Ifath Zuhry, Head of the Alternative Finance Business Unit, was honoured with the Special Recognition Award for Outstanding Service to the Industry. Meanwhile, Nazick Hassan, a rising star within the company, received the Bronze Award for Rising Star of the Year 2023/2024, acknowledging his exceptional contributions and potential in the sector.

A significant highlight of this year’s awards was the recognition of Orient Finance’s marketing efforts, with the Gold Award for Digital Marketing Campaign of the Year 2023/2024 and the Silver Award for Marketing Campaign of the Year 2023/2024. 

Commenting on this achievement, K.M.M. Jabir, Executive Director and CEO of Orient Finance PLC, said, “It is with immense pride and deep gratitude that I reflect on the recent recognition of our Alternative Finance Business Unit at the Islamic Finance Forum of South Asia (IFFSA) 2024, where we were honoured with five distinguished awards. Among these, the Gold Award for Islamic Finance Entity of the Year 2023/2024 stands as a particularly meaningful achievement, underscoring our leadership and excellence within the Islamic finance sector. “These prestigious accolades not only reflect the trust our customers have placed in us but also recognize the dedication, innovation, and excellence that define Orient Finance PLC. Over the past 43 years, we have remained resolutely committed to providing financial solutions that empower communities, and these awards serve as significant validation of our continued journey toward excellence in the industry.  

Since its inception over four decades ago, Orient Finance has consistently demonstrated a commitment to providing ethical and Sharia-compliant financial services. With a portfolio that includes over Rs. 1.4 billion in Ijarah business and Rs. 1.25 billion in Wakalah term investments within just three years, the company has proven its ability to cater to a wide range of customer needs while remaining a leader in the alternative finance sector. Saminda Rathnayake, Head of Channels, added, “Being recognized as South Asia's Islamic Finance Entity of the Year 2023/2024 is a significant achievement, earned through considerable competition with top financial institutions in the region."