LOLC Al-Falaah secures topmost accolades at 10th SLIBFI awards 2021

LOLC Al-Falaah has yet again secured 3 top awards at the recently concluded 10th SLIBFI (Sri Lanka Islamic Banking & Finance Institutions) Awards 2020/21. The entity bagged the Gold Award for the Leasing Company of the year for the 2nd consecutive year and also the Gold Award for Window Unit of the year which is one notch up than last year’s Silver award. Further, LOLC Al-Falaah also won the Silver Award for the Entity of the year amidst intense competition – an award which is vied by all banks.

The SLIBFI Awards organised by UTO EduConsult (Pvt) Ltd. celebrated 10 years of honouring the Islamic Finance (IF) institutions in Sri Lanka together with their knowledge partner, KPMG Sri Lanka as the adjudicators. The award program which is keenly contested by the industry players in both Non-Bank Financial Institutions as well as Banking Institutions are given the opportunity to be recognised for their performances especially given the very trying circumstances of the past few years. SLIBFI Awards is the only awarding body in Sri Lanka that recognises the players specific to the IF industry locally.

Speaking about the triple win, Shiraz Refai, Deputy General Manager of LOLC Al-Falaah said, “We are truly honoured and humbled by the recognition we received at the SLIBFI Awards, this year as well. Being a recipient of multiple awards for consecutive years, only encourage us to offer innovative and competitive financial services to all our valued stakeholders.’’

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