Monday, October 2, 2023

Orient Finance Wins Gold as the Emerging Islamic Finance Entity of the Year

Orient Finance, a leading financial institution in Sri Lanka proudly announces its latest achievements at the esteemed ‘Sri Lanka Islamic Banking and Finance Industry Awards’. The Company’s Alternative Finance Business Unit (AFBU) has been honoured with two prestigious awards at the event – the highly coveted Gold Award for Emerging Islamic Finance Entity of the Year and the Merit Award for the Digital Marketing Campaign of the Year. These accolades reflect the AFBU’s dedication to excellence and innovation in the Islamic finance sector.

Orient Finance’s Alternative Finance Business Unit’s recognition as the Emerging Islamic Finance Entity of the Year marks a significant milestone in its journey. The company attributes its success to several key factors, its dedication to upholding the principles of Islamic Finance, ensuring ethical and Sharia-compliant practices, including a successful retail expansion, strategic investments in its people and team, commitment to excellent customer service, and a comprehensive range of products and services designed to cater to the diverse needs of its customers. These efforts have translated into remarkable results, with the Ijarah business generating over LKR 600 million and Wakalah term investments alone generating over LKR 500 million worth of business within a span of less than two years.

The Merit Award for the Digital Marketing Campaign of the Year has recognized the team’s approach to sharing creative content, implementing strategic target campaigns, and crafting innovative posts. Furthermore, their consistent communication of product features, adhering to compliance requirements and reaching precise target groups have also taken into consideration. 

In response to the achievements, K.M.M. Jabir, the Director, and CEO of Orient Finance expressed, “We are thrilled and honoured to have received these prestigious accolades, which serve as a testament to Orient Finance’s unwavering commitment to upholding the principles of Islamic finance and providing ethical and responsible financial solutions across all our offerings. I would like to extend my sincere gratitude to our valued customers for entrusting us with their financial needs, and also to Ifath Zuhry, Head of the Alternative Finance Business Unit and his dedicated team, whose unwavering efforts have contributed significantly to the company’s growth. We will continue to provide responsible financial solutions that resonate with our customers’ values and beliefs, and enhance our offerings”

Orient Finance offers a comprehensive suite of financial services tailored to meet the specific needs of their customers. These services include mobilization of Deposits, Savings Accounts, Leasing, Gold Loans, Alternative Finance Solutions, Corporate Financing and many more.

The company brings 42 years of stability, strength, reliability and expertise to the financial industry. Progressively, Orient Finance PLC has established itself as a customer-focused financial service provider that prioritizes innovation and offers exceptional products and customer service. Orient Finance is licenced by the Central Bank of Sri Lanka and rated BB+ (stable) by LRA.

Photo Captions

Image 1 – Alternative Finance Business Unit of Orient Finance receiving Gold Award for Emerging Islamic Finance Entity of the Year

Image 2 – Alternative Finance Business Unitof Orient Finance receiving the Merit Award for the Digital Marketing Campaign of the Year

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