Arpico Finance adds Islamic-compliant financing to services

Monday, 7 April 2014 00:00 - - {{hitsCtrl.values.hits}}

Arpico Finance Company PLC is a prominent public limited liability company, incorporated and domiciled in Sri Lanka, and happens to be one of the oldest financial institutions in the country today. It is backed by 64 years of unblemished financial augmentation, and has recently added another innovative service by way of Islamic Sharia Compliant Financing.

It is because of Arpico Finance’s innovation and foresight that Islamic Sharia Compliant Financing would be officially added to the existing portfolio of financial services they have to offer on 8 April 2014. Islamic Sharia Compliant Financing has been gaining momentum both locally and globally, and will be one of the newest business lines, adding prestige to the company’s ever expanding portfolio of financial services in Sri Lanka. Arpico Finance Company PLC Managing Director Hafeez Rajudin is currently spearheading and accelerating operations locally, whilst looking for new and promising markets. This process covers a wide geographical expansion, including most of the island, incorporating all major cities and townships into their network and thus attracting a larger and vibrant customer base. This is another factor directly contributing to the company’s rapid success in this highly competitive area of financial operations in Sri Lanka. What is most important, when it comes to the Islamic Sharia Compliant Financing Service provided by Arpico Finance Company PLC, is that it is opened to everyone and does not specifically target a particular segment of the market. The company’s main objective has been to increase their customer base through innovative services, strategically planned, well managed and restructured in the areas of customer friendly financing. Now with the introduction of Islamic Sharia Financing and their far sighted growth strategies, Arpico Finance Company PLC, is now aligned to future growth strategies, and in accordance with the national vision, provide personal, short term loans, working capital to SME’s as well as to assist the rural sector and thus contribute directly towards the economic success of the country