Orient Alternative Finance Business Unit, a dedicated business unit of Orient Finance PLC (OFPLC) commenced operations in 2021. The Orient Alternative Finance Business Unit is licensed by the Central Bank of Sri Lanka to conduct Islamic financial services and mobilize deposits and it offers a new way of forward financial solutions with its exclusive Islamic banking proposition for business and open doors to all communities irrespective of ethnicity guided by strong principles and values. We established a dedicated unit in an effort to ensure that all products and services are handled in conformity with these accepted concepts, assuring coherence with Islamic principles at all times.
Since its inception, the Orient Alternative Finance Business Unit has been committed to a set of Islamic values that were embodied by the unit’s formation of an independent Shari’ah Consultant. Our independent Shari’ah Consultant makes sure funds specially mobilizing from the Wakalah Investments utilized in a Shari’ah accepted business operations.
The Shari’ah Consultant is well-versed in domestic finance, hold proven track records in the implementation of rules and principles within Islamic Finance Institutions, as well as in product development and Islamic finance structuring techniques.
The guiding principles of Orient Alternative Finance Business Unit ensure that practice, trust, honesty and receptiveness are maintained at all times with regard to all transacting parties.
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Orient Wakalah Term Investment is a non-interest-based investment scheme. It is an Islamic investment plan that gives you plenty of features and special features that offer convenience and flexibility.
Orient Ijarah Alternative Finance provides the maximum lease amount with tailor-made rental packages and hassle-free service at your doorstep.