Amana Bank Partners Sri Lanka first ever Climate Summit 2024

In a bid to foster a climate resilient economy, Amana Bank has partnered with the inaugural Code Red Sri Lanka Climate Summit 2024, as one of its sponsors. The summit, spearheaded by the Ceylon Chamber of Commerce, is a significant initiative aimed at developing a deeper understanding of various aspects of the climate crisis from a global and a Sri Lankan perspective, highlighting the potential disruptions to key economic sectors. The summit will explore innovative technologies and solutions to address climate crisis, which will present and unlock business opportunities for Sri Lankan companies.

The three day summit, from 7 to 9 May, will witness 50+ speakers including over 15 foreign delegates across 15 thought provoking sessions, sharing their views and creating dialogue that will help the development of a climate action blue print while also discussing on the policy changes required to support a transition towards a low carbon and climate resilient economy.  In addition to the regular plenary sessions, an exclusive CEO Forum will take centre stage bringing together the country’s leading CEOs and business owners to deepen their understanding and integrate climate action to their business decisions. The summit will be inaugurated by His Excellency President Ranil Wickremesinghe.

Commenting on this collaboration, Amana Bank Managing Director/CEO Mohamed Azmeer stated “In line with our unique business model which encourages sustainable banking practices, we are honoured to be a part of the inaugural Sri Lanka Climate Summit organized by the Ceylon Chamber of Commerce. In today’s context, mere awareness on climate crisis is not just enough, it needs to be followed up with collective action. We believe this summit will enable meaningful discussion and action from key stakeholders to make our earth resourceful for future generations.”

Further commenting on this partnership the Bank’s Vice President –Strategy and Sustainability Fazly Marikar said “As a Bank which promotes sustainability practices in line with our unique model, we are happy to partner with Code Red Climate Summit and engage in inclusive dialogue that will contribute to a climate-resilient economy”

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange, with Jeddah-based IsDB Group being the principal shareholder of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Banks continued to be recognised amongst the Top 100 Strongest Islamic Bank’s in the World by The Asian Banker.

Amãna Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.