Published by
Daily Financial Times
Daily Financial Times
The Islamic banking and finance industry in Sri Lanka celebrates a very significant milestone – 25 years since its introduction, albeit informally, in February 1997. The evolution of the industry during these years has been nothing short of remarkable. In fact, the Sri Lankan IBF industry has been ranked amongst the top 15 in the world, in terms of its development. This is extremely commendable when one considers that the others that feature prominently in this exclusive list are mostly from the Middle Eastern region along with some of the Asian behemoths, such as Malaysia, Bangladesh, Indones…