Wednesday Oct 29, 2025
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The PLC Al-Safa team (from left): T.S. Sayar, M.J.M. Najath, M.F.M. Rila, T.M. Sakil, M.I.M. Sibnas, S.M.F.H.B. Mowlana, A.H.I. Munthas, F.S. Firdhouse, M.R.M. Ameen, and A.F.M. Faiz
People’s Leasing & Finance PLC’s Islamic Finance Unit, PLC Al-Safa bagged six honours at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards 2025, held at the Shangri-La Colombo. This milestone comes as the unit marks two decades of service in the Islamic banking and finance industry.
Organised by UTO EduConsult, the IFFSA Awards are recognised as one of the region’s most respected platforms for celebrating innovation, impact, and strict adherence to shariah principles.
Through a rigorous and transparent judging process, the awards highlight institutions and professionals that set benchmarks of excellence across South Asia’s Islamic finance landscape.
PLC Al-Safa’s achievements spanned both individual and institutional categories. Ahamed Fahmy Mohamed Faiz was honoured with the Gold award for Branch Executive of the Year, while Safra Firdhouse received the Silver award for Islamic Banker/Employee of the Year.
The Puttalam Al-Safa Branch claimed Gold for Islamic Finance Branch of the Year, and the Digital Marketing Campaign of the Year earned another Gold. The unit further strengthened its reputation by winning Silver for Islamic NBFI Window/Unit of the Year and Bronze for Islamic Finance Window/Unit of the Year.
In addition, PLC Al-Safa was specially recognised for its 20-year celebration to the Islamic banking and finance industry.
PLC Al-Safa Chief Manager – Islamic Finance and Digital Products Fazmil Mowlana said,
“We are truly grateful for this recognition, which highlights the hard work and creativity of our entire team.
“Our focus continues to be on offering shariah-compliant financial solutions that not only meet customer needs but also set new standards for innovation and service excellence,” he added.
People’s Leasing & Finance PLC CEO Sanjeewa Bandaranayake said: “We are immensely proud of PLC Al-Safa’s accomplishments at the IFFSA Awards and of its many recent victories, including eleven prestigious honours at the SLIBFI Awards earlier this year. Our goal is to provide inclusive financial solutions that serve all communities, and we look forward to building on these successes.”