LOLC Al-Falaah secures ‘Best Islamic Leasing Provider - Global’ at IFN Awards | Daily News

LOLC Al-Falaah secures ‘Best Islamic Leasing Provider - Global’ at IFN Awards

Shiraz Refai- Head of Alternate Financial Services of LOLC Finance PLC and Ilsam Awfer-Chief Manager Alternate Financial Services of LOLC Finance PLC
Shiraz Refai- Head of Alternate Financial Services of LOLC Finance PLC and Ilsam Awfer-Chief Manager Alternate Financial Services of LOLC Finance PLC

LOLC Al-Falaah emerged as the Best Islamic Leasing Provider, once again, in the annual Islamic Finance News-Non Banking Financial Institution (IFN-NBFI) Global Pollsfor 2022. LOLC Al-Falaah has brought glory to the organization by retaining this prestigious IFN-NBFI award for the 3rd consecutive year. 

Maintaining consistency in its compliance, innovation and demand-based product offerings, has placed the brand on the spotlight over the years.Global winnersof various categories listed in the IFN-NBFI Global Poll were announced on December 5, 2022. The prestigious awarding ceremony will take place in Dubai, United Arab Emirates in mid-January 2023.

The annual IFN Best NBFI Poll recognizes the industry leading providers of Islamic financial services across global markets and varied sectors, where votes are casted by readers of IFN, Islamic finance investors, issuers, banking & non-banking financial intermediaries with majority representation from Asia, the Middle East, Africa, Europe and North American regions.

This annual global pollis known for their impartiality, independence and inclusiveness in honouring the most outstanding leaders in the global Islamic finance industry.

LOLC Finance PLC Head of Alternate Financial Services Shiraz Refai said, “LOLC Al-Falaah has re-established its brand strength yet again with another global level recognition. These constant achievements signify the success in our applications and practices beyond the shores of Sri Lankain establishing the confidence of our overseas investors and customers. Our record of accomplishments, year after year, demonstrate our passion, persistent efforts and the global standards that we continue to uphold. We are extremely pleased with the results and take humble pride in representing Sri Lanka in a global platform.” 

LOLC Finance Chief Manager Alternate Financial Services Ilsam Awfer said, “This is the third consecutive year that Al-Falaah was recognized at the top-tier ranks at the IFN-NBFIGlobal Poll. This achievement resembles our commitment towards developing Islamic Finance within Sri Lanka and adopting best practises to serve our valuable stakeholders.  I would like to appreciate my team for their tireless efforts and contribution; further would like to thank the top management, members of the Scholarly Supervisory Board and our valued customers for their assistance and patronage.”


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