Banking and Financial
Amana Bank
is the only fully-fledged sharia-compliant financial institution in Sri Lanka and provides an opportunity for Almas to invest in the banking and finance sector due to our preference for white-list securities. Amana provides us exposure to the stability and consistent value proposition through Amana’s loyal customer base and customer retention capabilities. Amana is the market leader in islamic banking products that are gaining increasing traction amongst the Sri Lankan community and an increased understanding in the global financial community. Banks are key vehicles to drive economic growth and we expect them to perform better in a post-pandemic economic environment.