AFBU gains Int’l recognition as ‘South Asia’s Emerging Islamic Finance Entity of the Year’

Orient Finance’s Alternative Finance Business Unit (AFBU) recently marked a significant milestone in its journey as a distinguished financial services provider, garnering international recognition as ‘South Asia’s Emerging Islamic Finance Entity of the Year’.

This notable accolade was bestowed by the esteemed Islamic Finance Forum of South Asia (IFFSA). In conjunction with this honour, the Director/CEO of Orient Finance, K.M.M. Jabir has been honoured as South Asia’s Islamic Finance Personality of the Year’s, further enhancing the organization’s distinguished status.

“We are humbled and deeply gratified to receive these recognitions for our efforts to enhance service and accessibility of ethical and Sharia-compliant financial practices for our valued customers” expressed Director/CEO, K.M.M. Jabir. “These acknowledgments further solidify the trust and loyalty of our esteemed customers, motivating us to consistently elevate our standards and set new benchmarks. I extend my heartfelt congratulations to Ifath Zuhry, Senior Manager of Business Channels and Head of the Alternative Finance Business Unit, as well as the entire Orient Finance team for their hard work and dedication.”

Head of Channels Saminda Ratnayake said; “Despite challenging conditions in 2021, we launched Orient Finance’s AFBU. This strategic move, implemented during a period when most other financial institutions shied away from new investments, proved immensely fruitful in just two years. Now, we’re expanding our reach with operational units strategically positioned. Our goal is to make our products accessible, educate clients on our Sharia-compliant offerings, and emphasize our commitment to ethical principles beyond cultural and religious boundaries.”

Senior Manager of Business Channels and Head of AFBU said; “Orient Finance’s AFBU has made significant strides in expanding into the eastern region, covering Trincomalee, Batticaloa and Ampara, offering ethical services. We are also set to launch our first Alternative Finance Business Unit in Kandy, in early 2024. Expansion plans further include reaching Panadura, Kalutara, Galle and Matara through window units.”

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