Bank of Ceylon – ANNOOR Islamic banking unit
Established in 1939, Bank of Ceylon, a wholly owned entity of the government of Sri Lanka, enjoys flagship status in the commercial banking arena. Besides the overseas branch network of Landon, Male, Chennai and Seychelles BOC has an unmatched network of branches and extension offices geographically positioned throughout the country together with more than 1000’s touch points, to reach out to millions of customers with a portfolio of products and services, some of which enjoy market leadership.
Our license to operate and Brand name
in 2009, Bank of Ceylon took advantage of the Banking Act No. 30 of 1988, through its subsequent amendment No 2 of 2005, to pioneer the concept of Islamic Banking in Sri Lanka. Supervised by a Shari’ah Supervisory Board (SSB) consisting of the undermentioned renowned shari’ah scholars of the country and an exclusive treasury operation, BOC AN-NOOR (The Light), is the brand house for all Islamic Banking products and services.
Members of SSB
As-Sheikh M I M Rizwe Mufthi
As-Sheikh Fazil Farook
As-Sheikh M H M Yoosuf Mufthi
As-Sheikh Murshid Mulaffer
Backed by the professionalism and expertise of seven decades of banking, BOC has choosen a handpicked team to steer this strategically important Islamic Banking operation. Funds mobilized from investors are managed through Shari’ah compliant investments in a transparent manner: BOC AN-NOOR products and services are available to corporate, institutions, Mosques and individuals alike.
Portfolio and Product Range
BOC AN-NOOR promises a portfolio of products in the deposit and investment sector, giving you the peach of mind of ethical compliance, regulated through a profit sharing mechanism. Products are common to all Sri Lankans irrespective of faith.
AN-NOOR Current Account – based on Qard, where the bank accepts deposits to be paid on demand.
AN-NOOR Ordinary Savings (Mudaraba SA) and AN-NOOR Children Savings “Athfal” based on (Mudaraba – Partnership in profit)
AN-NOOR Foreign Currency Savings Account – Ordinary and Athfal
AN-NOOR Ijara (finance for Vehicle and Machinery)
AN-NOOR Murabaha – (Trade Finance and Term Loan)
AN-NOOR Wakala – (Working Capital and fund management)
Whom and where do I make contact:
Head office -Islamic Banking Unit
+94 11 2205030
+94 11 2205035
email : email@example.com
Call Center +94 11 2204444
You can download the following applications here
Mudaraba Savings Accounts
(Personal/ Joint/ Sole Proprietary/ Partnership/ Limited Liability Company/ Society/ Club/ Association)
Athfal (Children) Savings Account (Domestic and Foreign Currency)