LB Finance Al-Salamah achieves 1,111% growth rate in 2025

Fawas Fazal	Ahsan Munaf

LB Finance Al-Salamah has reached a significant milestone in its growth journey, recording an impressive Rs.10 billion portfolio growth during the calendar year 2025, representing a remarkable 1,111 percent increase. 

This achievement reflects the institution’s strong strategic direction, growing customer confidence and continued commitment to strengthening alternate financial services (AFS) in Sri Lanka.

The portfolio expansion underscores Al-Salamah’s increasing market presence and the rising demand for its ethical, Shariah-compliant financial solutions. The milestone follows a series of industry recognitions received earlier this year, further reinforcing the institution’s position as a trusted and influential player in the AFS landscape.

During the year, LB Finance Al-Salamah expanded its operational footprint, strengthened its product portfolio and enhanced customer engagement through innovative financial solutions designed to meet the evolving needs of individuals and businesses. A consistent focus on financial inclusion, responsible financing and digital integration played a key role in driving this growth.

LB Al Salamah Area Manager Channel Development Ahsan Munaf stated, “Achieving Rs.10 billion in portfolio growth is a testament to our strategic focus and the trust our customers have placed in us.”  He added that the milestone reflects the collective effort of the teams across the organisation, who continue to deliver value-driven AFS with professionalism, integrity and a strong sense of responsibility.

AFS Head Fawaz Fazal added, “This achievement underscores the strength of our business model and our commitment to sustainable, customer-centric finance. It reaffirms that we are on the right path – building trust, creating impact and setting new benchmarks within the industry.”