LOLC takes Islamic Finance to the world with Al-Falaah Tawarrug launch
Sri Lanka, July 14 -- LOLC, being originated from one of the smallest economies and countries in the world, has now taken finance services to 26 countries, Krishan Thilakaratne, Director, CEO LOLC Finance told the launch of the LOLC AI-Falaah's "Al-Falaah Tawarrug for Personal Finance," the country's first structured Tawarruq-based lslamic liquidity solution (which is first in the industry and in South Asia) held in Colombo yesterday.
"We are Sri Lanka's first to export financial services. Islamic Finance started with LOLC Finance 20 years ago from a non-Islamic country. And now, with the same learning that we have had, we are taking Islamic Finance to the rest of the world."
Thilakaratne said last week they launched Islamic Finance in ...
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