Historic Win: LOLC Al-Falaah Named ‘NBFI of the Decade’ 🏆

LOLC Al-Falaah, the Alternate Financial Services unit of LOLC Finance PLC, emerged as a major winner at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards 2025. • Decade Milestone: The brand achieved the rare and defining honorary recognition for the ‘NBFI of the Decade Award’, cementing its status as a regional leader and industry pioneer. • Top Performance: Secured the coveted Gold Award for ‘NBFI of the Year’, recognizing excellence in operational performance, product innovation, and contribution to the Islamic Finance ecosystem. • Key Accolades: The company also won multiple awards across diverse categories, including: Islamic Finance Entity of the Year (Silver) Window Unit of the Year (Silver) Product of the Year (Silver) for its ‘Wakalah Future Cash Today’ (Factoring) solution. Digital Product/Fintech of the Year (Bronze) for iPay. Social Upliftment Award (Silver) for community initiatives. This recognition reaffirms LOLC Al-Falaah’s position as Sri Lanka's most awarded and trusted NBFI provider and a champion of financial inclusivity across South Asia.