LB Al-Salamah, the Alternative Financial Services arm of LB Finance, has been recognized at the 15th SLIBFI Awards 2026, securing the most awards won by a single entity across diversified award categories, underscoring its position as one of Sri Lanka’s leading providers of Shari’ah-compliant financial solutions. Among its achievements, LB Al-Salamah received multiple Gold Awards, including Breakthrough Performance of the Year, Social Upliftment Project of the Year, Outstanding Shari’ah Supervisory Board, Best IBF Branch of the Year (Maradana Branch), Islamic Banker/Employee of the Year, and Best In-house Shari’ah Scholar of the Year. The institution also earned recognition through the Transformative Leadership Award, the ESG Award of the Year, Silver Awards for Best Entity, Best NBFI, Best Window Unit, and Product of the Year for its Musharakah Vehicle Financing solution, along with a Bronze Award for Best Branch Executive of the Year and a Merit Award for Best Fintech Offering of the Year. The awards also underscore the strength and diversity of LB Al-Salamah’s portfolio of Shari’ah-compliant financial solutions. The institution offers a comprehensive range of financing and investment products, including Wakala Finance, Murabaha Finance, Wakala Investment, Wakala Power Draft, Ijarah, Diminishing Musharakah, and Musharakah Vehicle Financing, to meet the evolving financial needs of individuals and businesses. The recognition reflects LB Al-Salamah’s commitment to excellence in governance, innovation, sustainability, digital transformation, customer service, and ethical finance, while advancing the growth of Sri Lanka’s Islamic finance sector through responsible, customer-focused solutions.
