Amana Takaful Life shares debut on CSE

Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, rang the opening bell to commence trading and celebrate the listing of its shares on the Diri Savi Board of the Colombo Stock Exchange (CSE) on Friday.

Directors of ATLL, Dato’ Mohd Fadzli Yusof, Fazal Ghaffoor, M.H.M. Rafiq, ATLL CEO Gehan Rajapakse, Former CEO of ATLL, Reyaz Jeffrey and Head of Compliance A.H.M. Dilshad, CSE Chairman Vajira Kulatilaka, CSE CEO Rajeeva Bandaranaike and the Senior Management of the CSE were also present. Director, ATLL, Dato’ Mohd Fadzli Yusof said the listing brings ATLL to the mainstream of the financial landscape in Sri Lanka. “Islamic Finance is no longer a niche market. It is emerging as a main component in the financial landscape globally,” he said.

Chairman, CSE, Vajira Kulatilaka said, “While listing on the CSE adds immense value and prestige, it also comes with obligations to investors and other stakeholders. ATLL going public today marks an affirmation of the company’s commitment towards ensuring the highest standards of corporate governance and transparency.”

Market Opening Ceremonies are conducted by the CSE to serve as a platform to generate exposure for listed companies as they celebrate important milestones in the capital market.