Diary

Importance of transport infrastructure

The construction chamber seminar on "Importance of Transport Infrastructure for National Development" which will be held on August 26 is an initiative aimed at catalysing vigorous research and a challenging debate on transport infrastructure and its impact on national development.

The Chamber is providing an effective forum to facilitate consultation and participatory governance in infrastructure development.

The seminar will be inaugurated by the Chief Guest Dr. Sarath Amunugama, Minister of Enterprise Development and Investment Promotion.

Islamic finance and banking

CIMA Sri Lanka Division, as part of its Management Update initiative, has invited Managing Director/CEO of Amana Investments, Faizal Salieh to make a presentation on 'Islamic Finance and Banking:

The First Principles' for the benefit of its members on Thursday, August 14 at 6.00 p.m. Salieh will discuss the core principles underlying the practice of Islamic finance and banking, the conventional definitions and interpretations of usury and interest, the fundamental differences between conventional economic principles and Islamic economic principles and lead the audience to understand the principal differences between Islamic banking and conventional banking including the principles of deposit taking and financing.

The session will enable participants to have a clear understanding of the key principles that drive the practice of Islamic finance and banking today.

Management Club AGM

The Annual General Meeting (AGM) of the TMC Board of Management, TMC-Galle Face, TMC-Mt Lavinia and the TMC-ETD (Enable the Disabled) will be held at 5.00 pm tomorrow at the Galle Face Hotel.

The meeting will be followed by the signing of Memorandum of Understanding agreements with corporate sponsors and service sponsors of the club for the next three years followed by a press conference.