People’s Leasing clinches double Silver at SLIBFI awards

PLC management team with its ‘Al-Safa’ Islamic Finance Unit team

People’s Leasing and Finance PLC (PLC) secured two Silver awards at the SLIBFI (Sri Lanka Islamic Banking and Financial Industry) awards ceremony, held at the Galadari.

SLIBFI Awards is held to honour best performers in the Islamic Banking and Financial fraternity in Sri Lanka, under six categories. PLC clinched Silver in the ‘Best Social Uplifting Islamic Finance Entity of the Year’ category, whilst PLC’s Union Place Branch Manager Aslam Badurdeen bagged the second Silver in the ‘Rising Islamic Finance Personality of the Year’ category.

PLC DGM-Business Development and Marketing Rohan Tennakoon said PLC was honoured to receive these Silver awards and this was the second occasion the company had been recognised with SLIBFI awards.

“We launched our Al-Safa Islamic Finance Unit in 2005 and all our activities in the Al-Safa Unit are carried out strictly according to Sharia’h principles under the guidance of the Sharia’h Supervisory Board. These activities have shown a significant progress as of today. We have seven dedicated branches operating under the Al-Safa Unit and Islamic financial services can also be obtained from any PLC branch,” said Tennakoon.

“PLC is all set to establish an island-wide Al-Safa services network to provide a broader range of financial facilities in line with global standards in Islamic finance. I congratulate Aslam Badurdeen and PLC’s ‘Al-Safa’ Islamic Finance Unit on behalf of our company.”