Professional Documents
Culture Documents
C O R P O R AT E P R O F I L E
Enabling Sri Lanka’s first ever revolutionary aquaculture project, establishing a
sustainable farm in the ocean to cultivate fresh fish of the highest quality and taste
VISION
To be an admired leader in providing equitable financial solutions, not limited to
numerics, but also in earning the trust of our customers, employees,
shareholders and country.
MISSION
To adopt a unique and people friendly approach with a passion for continuous
improvement, enabling growth and enriching lives of our customers.
Offering the convenience of performing a host
of banking functions on the go
We Believe
We believe that you have a right to be treated fairly
We believe that one should not gain at the expense of another
We believe that being responsible and ethical is as important as making profits and gains
We believe that entrepreneurship should be encouraged and given a fair opportunity to succeed
We believe that the best of actions are the ones which create true happiness in people
We believe that you feel the same way we do
We are ...
Strengthening Sri Lanka’s renewable energy resources
through partnerships on Mini Hydro Power Plant Projects
Who we are
Amãna Bank is the first and only Licensed Commercial Bank in Sri Lanka to conduct all its operations under the principles of
Islamic banking and be fully disengaged from interest based transactions, offering the full spectrum of Retail Banking, SME
Banking, Corporate Banking, Treasury and Trade Finance Services.
With the mission of Enabling Growth and Enriching Lives, the Bank reaches over 250,000 customers through a growing
network of 28 branches and 4000+ ATM access points and has introduced a bouquet of customer conveniences such as Internet
& Mobile Banking, Online Account Opening, VISA Debit Card with SMS alerts, 365 Day Banking, Saturday Banking,
Extended Banking Hours, 24x7 Cash Deposit Machines and Banking Units Exclusively for Ladies.
Amãna Bank was recognized as the Best ‘Up-and-Comer’ Islamic Bank of the World by ‘Global Finance Magazine’ at the 18th
Annual World’s Best Banks Award Ceremony held in Washington DC, USA. The Bank was also bestowed the coveted title
‘Islamic Finance Entity’ at the inaugural Islamic Finance Forum of South Asia Awards Ceremony. Fitch Ratings has assigned
Amãna Bank with a National Long Term Rating of BB(lka) with a Stable Outlook.
Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock
Exchange with Jeddah based IDB Group being the principal shareholder having a 29.97% stake of the Bank. The IDB Group is
a ‘AAA’ rated multilateral development financial institution with a capital base of over USD 150 Billion which has a membership
of 57 countries. Powered by the stability and support of the IDB Group along with other strategic shareholders including Bank
Islam Malaysia, AB Bank of Bangladesh and Akbar Brothers, Amãna Bank is making strong inroads within the Sri Lankan
banking industry and is focused on capitalizing on the growing market potential for its unique banking model across the country.
Our Network
We have a network of 28 strategically located
branches covering the regions of demand for
Islamic Financial Solutions and have an
aggressive plan to expand.
Current Account Children’s Savings Account Easy Payment Plan Corporate Banking
SAVE
Term Investment Accounts Personal Salary Account MONEY
PLANET
SWITCH TO SOLAR WITH YOUR BANK
Ladies Savings Account Your Bank will look after Higher Studies Made Easy SME Banking
Invest for the future your earnings while you work With your Bank Solar Finance
ughter
on
vehicle
my son’s higher educati
A tribute to the
my da
my dream
Current Account Senior Citizen Savings Account Foreign currency Vehicle Finance Dream of having a
Corporate Banking
Savings Plan savings made easy
Savings Accounts
place to call home
SME Banking
Trade Services
Term Investment Salary Savings Solar Finance
Treasury Services
Savings Plan Foreign Currency Savings Home Finance
Flexi Term Investment Retirement Savings Plan Apartment Finance
Travel Finance
With over 40 years of senior management experience, Kassim was also the founder Chairman of the well-established Expolanka
Group of Companies which is engaged in diverse business activities. He currently sits on the Board of Expolanka as a Non-Executive
Director.
He is also the Chairman of Asia Pacific Institute of Information Technology (APIIT) Sri Lanka, set up in collaboration with APIIT
Malaysia and the Chairman of Vidullanka PLC, a leading provider of renewable energy to the National Grid. He is also a Director of
Aberdeen Holdings (Pvt) Ltd.
He holds an Honorary Doctorate from the Staffordshire University in recognition of his achievements as both a global entrepreneur
and visionary educationalist. Furthermore, he sits on the Boards of various other companies both locally and overseas.
Board Profiles
Tyeab Akbarally (Deputy Chairman and Non-Executive, Non-Independent Director)
Tyeab Akbarally is a senior Director of Akbar Brothers (Pvt) Ltd and its subsidiary companies for the past 30 years. Akbar Brothers
(Pvt) Ltd is a diversified group of companies and is the leading Tea export company which have won many prestigious awards for their
export performances. He has served as a member of the executive committee and as a committee member at the national chamber of
commerce. He has also been the Chairman of the Spice & Allied Products Traders’ Association and Colombo Tea Traders’
Association. He has considerable experience in the import and export trade and has strong business relationships with the Middle
Eastern Countries. Tyeab Akbarally also holds directorship in other public quoted companies.
He also serves on the Technical Committee of the Islamic Financial Services Board (IFSB) and on the board of International Islamic
Financial Market (IIFM). He has represented IDB as a board member in Jaiz Bank (Nigeria). Prior to joining IDB, Haseeb was part
of an award-winning advisory team at E&Y Bahrain, focusing on public sector development, infrastructure & social housing. In the
private sector, he advised banks, investment funds, private equity and mortgage companies, assisting several boards and C-suite
management in strategy, capital raising and establishing organizations. To manage a strategic relationship, he was asked to lead the
Waqf Fund at Central Bank of Bahrain, charged with developing the Islamic financial sector in Bahrain. Prior to consulting, he spent
9 years in corporate banking and project finance, arranging syndicated financing for oil & gas, petrochemical, water, power, and
agriculture sectors. He holds an MBA (Finance) from University of Missouri, and a BBA (Marketing & Economics) from Kansas
State University.
Faheemul Huq (Non-Executive, Non-Independent Director)
Faheemul Huq is a Senior Associate in Huq & Company (1997 – to date). He holds a Barrister-at-Law (England & Wales) and is an
Advocate (Supreme Court of Bangladesh); He has been enrolled in the Appellate division of the Supreme Court of Bangladesh,
Member, the Honourable Society of Lincoln's Inn, Member Bangladesh Supreme Court Bar Association (1998) and Member,
Dhaka Bar Association Bangladesh (1997). Areas of practice are corporate, banking, labour law, contract, shipping, energy, VAT,
customs, taxation, constitution and international arbitration. He has been a legal advisor of many local and international companies.
He is a senior member of the litigation and arbitration team and represented international development agencies before the Courts of
Bangladesh and completed projects for World Bank, IFC and other development agencies.
Non-Executive, Independent Director Rajiv Nandlal Dvivedi is currently the CEO of Eagle Investments Limited, a privately owned
Investment and Advisory firm based in Dubai. He has over 40 years of commercial and Investment banking, Corporate finance, and
Investments experience. He spent 35 years at Citibank in various senior executive positions: 28 years in commercial and investment
banking, corporate finance and risk management in the Middle East and 7 years in Consumer Banking with Citibank in New York,
USA. In addition to Amãna Bank, he currently sits on the Board of China Rapid Finance (China), Harvest Network (China),
Accordion Partners (USA), Candor Group of Companies (Sri Lanka), and Eagle Investments Limited (UAE). He holds a MBA in
Finance, Long Island University, New York, USA.
Dilshan Hettiaratchi (Non-Executive, Independent Director)
Dilshan Hettiaratchi is a Partner/ Managing Director of Faber Capital Limited which is an investment banking firm headquartered in
Dubai. The firm specializes in Capital Markets, Renewable Energy and Advisory opportunities. He has over 25 years of
banking/Financial Markets experience. Prior to joining Faber Capital, he was the Managing Director and Head of Debt Capital
Markets – MENA and Pakistan for Standard Chartered Bank. In this role he advised many high profile issuers from the Middle East
such as the Government of Dubai, The Government of Ras Al Khaimah and other Corporates and Financial Institutions from the
ME region to tap the International Bond and Sukuk markets. Prior to joining SCB, he worked with Citi National Investment Bank,
which was the investment banking arm of Citibank and NDB based in Colombo, as well as at Waldock Mackenzie Limited which was
the investment banking arm of John Keells Holdings. He is a Director of Asset Trust Management Limited, which is a SEC regulated
Asset Management Company. He was also a Steering Committee member of the Gulf Bond and Sukuk Association (GBSA), and
the Chair of the Government Bond issuance committee in 2011. He has been a speaker/panelist at a number of industry conferences
in Debt Markets over the last few years. He holds a MBA from the University of Colombo, is a CFA Charter Holder and is an
ACMA.
Profile of Chief Executive Officer
Mohamed Azmeer
Mohamed Azmeer took over the leadership of the Bank in June 2014. Prior to that, as the Bank’s Chief Operating Officer, he was
overseeing the business functions of the Bank’s Consumer, SME, Corporate and Treasury divisions. Before joining Amãna Bank,
Azmeer had gained significant exposure to conventional and Islamic banking through his illustrious career, both locally and
internationally, which spans over 30 years.
Having commenced a career in banking at Commercial Bank of Ceylon, Azmeer’s leadership progression and banking intuitiveness
was a result of his overseas experience, primarily at Citibank, UAE, where he had gained the unique experience of both business and
risk aspects of banking, having overseen such operations at senior levels. During such tenure, he also carried out many overseas
assignments to countries such as UK, India and Kenya, where he acquainted himself to the different dynamics and challenges specific
to each business and region. At the culmination of his career at Citibank he held the position of Vice President – Risk for UAE and
Oman. Azmeer’s experience also includes ‘start-ups’ where he was a founder member of the erstwhile Dubai Bank which was
established at the direction of the Dubai Government.
Azmeer’s journey towards Islamic banking was a result of him wanting to have this nascent but people friendly concept accepted and
embraced by a wider audience. In the field of Islamic banking, Azmeer’s track record involved holding senior positions at Al-Rajhi
Bank Saudi Arabia, the largest and leading Islamic Bank in the world and Sharjah Islamic Bank, a pioneering bank in UAE and the first
Islamic bank in the world to fully convert its operations from being a conventional entity, in which he was an Executive Vice President.
Azmeer holds a Master’s Degree in Business Administration from the University of Leicester, UK. Utilising his sound knowledge and
wide experience, Azmeer has played a key role in guiding Amãna Bank towards the success it has achieved thus far.
Supporting the country’s internationally
renowned tea industry to develop to its full potential
Independent Sharia Supervisory Council
Dr. Muhammad Imran Ashraf Usmani (Chairman)
Ash-Sheikh Ustad Mohd Nazri Bin Chik (Vice Chairman)
Ash-Sheikh M M A Mubarak
Ash-Sheikh Mufti M I M Rizwe
Ash-Sheik Mufti Muhammad Hassan Kaleem
Encouraging households to go green and embrace sustainable
energy consumption by financing the purchase of solar power systems
Independent Sharia Supervisory Council Profiles
Dr. Muhammad Imran Ashraf Usmani (Chairman)
Dr. Muhammad Imran Ashraf Usmani is a M. Phil, Ph. D. in Islamic Economics and graduated as scholar from Jamia Darul-Uloom,
Karachi and did specialization course in Islamic Jurisprudence. He is also involved in conducting training sessions for Meezan Bank
staff in Islamic finance and Shariah issues. Dr. Usmani has been teaching at several branches of Islamic learning since 1998 at Jamia
Darul-Uloom, Karachi. He is also a visiting faculty member of Institute of Business Administration (IBA) Karachi. He also holds the
position of Sharia Advisor at UBS (Switzerland), Mashreq Bank PSC (Dubai), Ihilal.com (Dubai); Future Growth Equity Fund
(South Africa), Meezan Bank (Pakistan) and is a member of the Shariah Supervisory Board of Guidance Financial Group (USA).
Mohamed Azmeer (Chief Executive Officer) Nista Badurdeen (Head of Trade Services & Central Processing)
M M S Quvylidh (Senior VP - Corporate & SME Banking) Chaminda De Silva (Asst. VP - Commercial Leasing)
M Pharis Jazeel (VP - Treasury and Financial Institutions) Farhan Refai (Senior Manager - Human Resources)
Siddeeque Akbar (VP - Retail Banking & Marketing) Mahesha Thirimanne (Head of Legal)
Ajmal Naleer (Chief Risk Officer) Nazhan Naurooz (In-house Sharia Advisor)
Ali Wahid (Chief Financial Officer)
Preeni Koralege (Chief Legal Officer)
M Irshad Halaldeen (VP - Administration)
Irshad Iqbal (Chief Compliance Officer)
Rajitha Dissanayake (Chief Information Officer)
Imitiaz Iqbal (VP - Operations)
Fazly Marikar (VP - Strategy Management & Product Innovation)
Numair Cassim (Chief Internal Auditor)
Corporate Information
NAME OF COMPANY Amãna Bank PLC
COMPANY REGISTRATION NUMBER PB 3618 PQ (Under the Companies Act No. 07 of 2007)
LEGAL FORM A Public Quoted Company Incorporated in Sri Lanka in February 2009 and
Licensed by the Central Bank of Sri Lanka
BUSINESS Commercial Banking Entirely Based on Sharia Principles
REGISTERED ADDRESS No. 480, Galle Road, Colombo 3
COMPANY SECRETARY Mrs. S. Dayani de Silva
EXTERNAL AUDITORS Messrs Ernst & Young
Chartered Accountants
No. 201, De Saram Place
Colombo 10
EXTERNAL LAWYERS Messrs F J & G de Saram
Attorneys-at-Law
216, De Saram Place
Colombo 10
SWIFT CODE AMNALKLX
FITCH RATINGS BB(lka) Stable Outlook as of October 2017
Amãna Bank PLC is a Licensed Commercial Bank approved and supervised by the Central Bank of Sri Lanka.
Enabling young executives to afford their own
smartphone through an attractive Easy Payment Plan
Call 011 7 756 756
www.amanabank.lk