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Mr. Shiraz Refai -Deputy General Manager, Alternate Financial Services, LOLC Finance PLC LOLC Al-Falaah, Sri Lanka’s most awarded Alternate Financial Services brand celebrates its 15th year anniversary in April 2022. This milestone marks a period during which LOLC Al-Falaah revolutionised Sri Lanka’s non-interest based financial services as the trend setter of the industry. LOLC Al-Falaah…

Conrad Dias, Director/CEO of LOLC Finance and Mr. Charitha Jayasinghe, Head of iPay receiving the awards Sri Lanka’s premier Non-Banking Financial Institution (NBFI), LOLC Finance PLC which is renowned for offering cutting-edge digital financing solutions, proved its expertise yet again in the digital financing sphere, competing with the country’s prestigious banks and NBFIs to gain…

Sri Lanka’s most preferred and most trusted financial services provider LOLC Finance PLC continues to sustain its committed support to expand the adoption of digital payments in the country through iPay. iPay, powered by LOLC Finance has advanced from a mere payment gateway in to a beyond lifestyle payment application offering an exceptional service and…

The Next 100 Global Companies to watch, highlights some of the most exciting, innovative, and promising businesses from around the world. At the 2021 Next 100 Global Awards, LOLC Finance was named the Finance Company for Credit Cards. The Next 100 Global Companies list recognizes companies at the forefront whose strategies, achievements, dedication, and leadership…

The ongoing global outbreak of COVID-19 has impacted the world in an unprecedented manner. It has changed the way we work, live and do business, overall. The pandemic has brought about many unforeseen challenges to all businesses from small, mid-sized to large scale enterprises. Having recognised the difficulties faced by businesses across the nation, LOLC…

LOLC Al-Falaah has yet again secured 3 top awards at the recently concluded 10th SLIBFI (Sri Lanka Islamic Banking & Finance Institutions) Awards 2020/21. The entity bagged the Gold Award for the Leasing Company of the year for the 2nd consecutive year and also the Gold Award for Window Unit of the year which is…

iPay appointed the official LANKA QR acquiring partner of PickMe at the LANKAQR Nationwide Rollout Campaign. (From L to R): Director – Payments and Settlements Department of CBSL, Dharmasri Kumaratunge, the Governor of CBSL, Ajith Nivard Cabraal, Namal Rajapaksa, Minister of Youth and Sports, Conrad Dias, Director/CEO of LOLC Finance PLC and CEO of PickMe,…

iPay, a unique payment aggregator introduced by LOLC – Sri Lanka’s most valuable and globally diversified financial conglomerate has become the first entity in Sri Lanka to sign up for the Digital First program, launched by Mastercard. The Digital First program was initiated to facilitate an end-to-end digital journey benefiting Cardholders, Merchants and Financial Institutions….

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC – Sri Lanka’s largest non-banking Financial Institution (NBFI) unveiled yet another pioneering savings product with a host of features and benefits to suit the needs of its diverse clientele. Mudharabah Super Saver account (MSS), LOLC Al-Falaah’s latest savings product addition offers an exceptional benefit…

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, Sri Lanka’s largest Non-Banking Financial Institution (NBFI), took home 3 accolades at the recently concluded 5th Islamic Finance Forum South Asia (IFFSA) Awards 2019/20. LOLC Al-Falaah emerged as the ‘Leasing Company of the Year’ winning the South Asian Gold award and the Silver award…

Sri Lanka’s most awarded and trusted Alternate Financial services brand, LOLC Al-Falaah recently unveiled their ground-breaking new product – the Wadi’ah Gold Loan Facility. This is the 1st time a Finance company in Sri Lanka is offering this facility. Al-Falaah Wadi’ah is a unique gold storage option offered to Al-Falaah’s valued customer base. All gold…

Sri Lanka’s leading diversified financial conglomerate retained its undisputed top position by securing three top accolades during 2019/20. LOLC secured the top spot in the LMD 100 ranking as the ‘Most Profitable Listed Company’ by recording a profit after tax of Rs. 19.8 billion. Further, LOLC also rose one more position to secure the second…

Sri Lanka’s leading financial conglomerate, LOLC was voted best by the people for the 5th consecutive year when it was crowned as the “Financial Service Provider of the Year” at the SLIM-Nielsen Peoples Awards 2021. The glamourous awards ceremony took place recently at the BMICH. The event was organized by the Sri Lanka Institute of…

iPay, powered by LOLC came forward to support the Central Bank of Sri Lanka’s (CBSL) ‘Rata Purama QR’ promotional event which was held in Court Square, Galle recently. This was part of the Central Bank’s ‘Ratatama LANKA QR’ national campaign to promote LANKA QR as the nation’s cashless transformation mechanism towards creating a digital-savvy society…