Amana Bank announces highest ever dividend with 8th consecutive declaration

Amana Bank PLC is pleased to announce the declaration of its 8th consecutive annual dividend, reaffirming its commitment to rewarding shareholders. The Bank declared an interim cash dividend of Rs. 1.30 per share, marking its highest-ever dividend payout amounting to LKR 716.5 million. Since commencing annual dividends in 2018, Amana Bank’s cumulative dividend declarations will have exceeded LKR 2.8 billion, underscoring its track record of sustained shareholder value creation. This year’s declaration reflects a dividend yield of 5%.

Commenting on this announcement, Amana Bank Chairman Asgi Akbarally stated “We are pleased to announce our eighth consecutive annual dividend, underscoring our sustained performance and commitment to delivering shareholder value. Following record profits in 2024 and a strong first half in 2025, we remain focused on enhancing returns while driving continued growth.”

Also sharing his views on the dividend announcement Amana Bank Managing Director/CEO Mohamed Azmeer said “We are delighted to announce our highest-ever interim cash dividend, made possible by the Bank’s sustained profitability and resilient financial performance. This dividend is also a reflection of the confidence and trust placed in us by our valued shareholders, to whom we remain deeply committed to reward. As we continue, we aim to further strengthen shareholder value while advancing our mission of enabling growth and enriching lives through our people-friendly and development focussed approach to banking.” 

During the first half of 2025, Amana Bank recorded a Profit After Tax (PAT) LKR 901.3 million reflecting a 18% year-on-year growth, while in the second quarter alone PAT grew by an impressive 37% to LKR 467.2 million. 

Adding to these achievements, the Bank was recently recognised as the Best Bank in Sri Lanka and the Best Performance on Asset Quality at the keenly contested Emerging Asia Banking Awards held in New Delhi, India, organised by the Indian Chamber of Commerce and adjudicated by PwC, reflecting the Bank’s consistent performance and sustained growth over the past three years.

As communicated to the Colombo Stock Exchange on the dividend declaration, the XD date has been set for 30 September, while the record date will be 1 October.

Amãna Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange with Jeddah-based IsDB Group being the principal shareholder of the Bank. The IsDB Group is a ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying its position as a leading practitioner of the non-interest based banking model, Amãna Banks was recognized amongst the Top 25 Strongest Islamic Bank’s in the World by The Asian Banker. 

Amãna Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.

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