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Islamic financing gaining ground in African countries

Islamic Banking Awards 2023

This year, the awards have taken a more granular approach, in an effort to celebrate innovation across individual sharia-compliant banking activities, while also recognising the best Islamic banks on a regional and global level.

JKOA joins hands with Asus to release the all-new Expert Center Series Desktop PCs

ASUS Global designates JKOA as their authorized dealers in Sri Lanka John Keells Office Automation (Pvt) Ltd. (JKOA), the nation’s leading provider of office automation solutions has partnered with ASUS, the leading multinational company known for the world’s best motherboards, PCs, laptops, notebooks, monitors, graphics cards and routers. ASUS with over 16000 world-class employees and around 5000 R&D teams diligently working towards novel innovations and advanced technology has indeed gained itself a world-renowned recognition for their contribution towards the advancement of the digital world. ASUS Global has designated JKOA, established in 1992, a fully owned subsidiary of John Keells Holdings PLC as their authorized dealers in Sri Lanka. JKOA is highly regarded and is known as a veritable mover and shaker in office automation solutions encompassing a product portfolio of globally established brands. Through this partnership, ASUS has unveiled the All-New Expert Center Serie

LOLC Finance launches SAVI, the first Credit Card for Pensioners and State employees

Taking Sri Lanka on a journey towards a cashless world, LOLC Finance – Sri Lanka’s largest Non-Banking Financial Institution (NBFI) has introduced a Credit Card named Savi, which has been exclusively designed for pensioners and State sector employees in the country. The card was introduced as a part of LOLC Finance’s overall digitisation strategy which […]

Seylan Bank s Islamic Banking Wins Gold at SLIBFI Awards 2019 and Bronze at IFSSA Awards 2020 for Islamic Finance Deal of the Year – The Island

Seylan Bank PLC’s Islamic Banking Unit has placed Sri Lanka prominently in the world of Islamic Finance, securing the joint Gold Award for Deal of the Year 2019 at the recently concluded Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Awards 2019 and Bronze for the same deal at the regional Islamic Finance Forum of South Asia (IFFSA) Awards 2020. Seylan Bank was recognized for successfully financing a Diminishing Musharaka Facility to Timex Bukinda Hydro (U) Ltd as part of a syndicate facility. The SLIBFI Awards, the premium industry awards for Islamic Finance in Sri Lanka, are presented in conjunction with KPMG, whose key role is to ensure an impartial evaluation process. An independent panel of judges of repute assist in the final adjudications, under the guidance of KPMG. The IFFSA Awards recognize the high achievers in the South Asian region for their efforts in Islamic Banking and Finance during 2019 with industry leading practitioners from Pakistan, Bangladesh, Maldi

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