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Tracy
Tracy
Sep 28 2026
32Seylan Bank’s Islamic Banking Unit has secured three prestigious awards at the SLIBFI Awards 2025/2026, recognising its achievements in innovative, Shariah-compliant financing and individual performance within Sri Lanka’s Islamic banking and finance sector.
The awards include the Gold Award for Deal of the Year for financing a 10MW Solar Power Project, the Bronze Award for Deal of the Year for financing a Broiler Farm Expansion Project, and an Individual Merit Award for Rising Personality of the Year (Male).
The recognition underscores the Islamic Banking Unit’s commitment to delivering meaningful financial solutions that support sustainable economic development, clean energy generation and agricultural growth in Sri Lanka.
The Gold Award-winning solar power project contributes clean energy to Sri Lanka’s national electricity grid, supporting the country’s renewable energy objectives. Meanwhile, the Bronze Award-winning Broiler Farm Expansion Project contributes to agricultural development and food security, highlighting the role of Shariah-compliant financing in supporting key sectors of the economy.
Commenting on the recognition, Mr. Sameer Mohamed, Head of Islamic Banking Unit, Seylan Bank, said “We are honoured to receive three awards at the SLIBFI Awards 2025/2026. These recognitions reflect the commitment of our Islamic Banking Unit to developing innovative and Shariah-compliant financial solutions that create meaningful value for our customers and contribute to Sri Lanka’s economic development. The recognition of our project financing initiatives, alongside individual achievement, is a testament to the dedication and collaborative efforts of our team, management, Shariah Supervisory Board and valued stakeholders.”
The awards also recognise the contribution of Seylan Bank’s Islamic Banking Unit and Project Finance team in delivering financing solutions across diverse sectors. The Bank’s approach combines Shariah-compliant financial principles with practical financing solutions designed to support businesses and economic activity.
The solar power and agricultural financing projects demonstrate the potential of Islamic finance to support initiatives with broader economic and community benefits, including renewable energy generation, agricultural development and food security.
The Bank acknowledges the support and contributions of its top management, Shariah Supervisory Board, customers, business partners, Islamic Banking Unit and Project Finance team in achieving these milestones. The awards were presented under the SLIBFI Awards 2025/2026, with UTO EduConsult recognised as the associated awarding body in the event brief.
Seylan Bank’s Islamic Banking Unit remains committed to expanding access to innovative, impactful and Shariah-compliant financial solutions while contributing to Sri Lanka’s sustainable economic development. Through its financing initiatives, the Unit continues to support customers and businesses operating in sectors that are important to the country's economic progress.
