AMANA BANK
Supports Royal College Capital Market Club.
Towards fostering financial literacy amongst school students to make better informed investment decisions, Amana Bank recently joined hands with Royal College to inaugurate the Capital Market Club by being the sponsor of the club’s maiden ‘Market Mastery’ workshop. The Capital Market Club is a collaborative initiative between the Presidential Secretariat, Ministry of Education, Securities and Exchange Commission, and Colombo Stock Exchange, all united in their commitment to providing students with essential financial literacy, with a focus on teaching effective money management and fostering a comprehensive understanding of low-risk financial practices.
The Capital Market Club’s inaugural event, Market Mastery, was recently held at the Royal College Main Hall with the attendance of 200 students from 18 schools in the Western Province. The workshop witnessed leading capital market professionals sharing their invaluable knowledge and insights, introducing students to the fundamental principles of the stock market, investment strategies, financial analysis, and research practices. Further contributing to the workshop, Amana Bank’s Head of Knowledge Marketing and Financial Inclusion, Muath Mubarak, delivered a special lecture on the importance of investing and personal financial management while also introducing students to the non-interest-based banking model. In line with the Central Bank of Sri Lanka’s National Financial Literacy Roadmap (2024–2028), Amana Bank’s Knowledge Marketing Unit has been actively involved in conducting financial literacy programs for students, undergraduates, government employees, women entrepreneurs, business individuals, and various vulnerable communities across Sri Lanka.
Appreciating Amana Bank’s support towards this initiative, Principal of Royal College Thilak Waththuhewa said, “We are thankful to Amana Bank for coming on board as a valuable Sponsor and supporting the Capital Market Club’s inaugural Market Mastery programme, which no doubt has helped our students get a better grasp of the capital market landscape.”
Commenting on this sponsorship, Amana Bank’s Head of Marketing and Corporate Communications, Azim Rali, stated, “By supporting the Capital Market Club at Royal College, we are investing in the future leaders of Sri Lanka, providing them tools and knowledge to make informed financial decisions. We believe that initiatives like this are crucial in developing a financially responsible and economically resilient population, which will drive Sri Lanka’s progress and prosperity.”
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 recognized amongst the Top 50 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.