Amãna Bank reappointed to facilitate Hajj 2027 Banking Requirements
Following the successful facilitation of banking arrangements for Pilgrims who completed their Hajj in 2026, Amãna Bank has once again been selected by the Department of Muslim Religious and Cultural Affairs (DMRCA) to provide banking services for the Hajj 2027 pilgrimage.
The appointment follows a competitive selection process and reflects the confidence placed in the Bank's ability to deliver a secure, transparent and seamless banking solution, on line with the expectations of all stakeholders including the DMRCA, Tour Operators and Pilgrims.
As part of this initiative, Amãna Bank will facilitate the opening and management of the Special Hajj Accounts for prospective Hajj pilgrims enabling the mandatory Hajj related payments to be completed within the set deadlines by the Ministry of Hajj & Umra KSA. The Special Hajj Account forms an integral part of the DMRCA's enhanced Hajj management framework aimed at strengthening governance, transparency, fairness and accountability. This account enables the potential pilgrims selected for Hajj to conveniently make their mandatory advance payments for Hajj through a secure escrow arrangement, ensuring greater transparency and accountability throughout the process. The pilgrims will also enjoy a higher profit-sharing ratio, allowing them to earn attractive returns while awaiting their pilgrimage.
Further enhancing the Hajj experience, Amãna Bank will also be offering an attractive range of exclusive benefits for the pilgrims, including pilgrim-friendly travel accessories, preferential exchange rates on Saudi Riyal purchases, and a 10% cashback on debit card spending in the Kingdom of Saudi Arabia during the pilgrimage.
Commenting on the appointment, Mohamed Azmeer, Managing Director/CEO of Amãna Bank, said "We are honoured that the Department of Muslim Religious and Cultural Affairs has once again entrusted Amãna Bank as the Banking Partner for Hajj. We remain committed to delivering a secure and customer-centric solutions while upholding the highest level of governance and transparency, based on the global best practices from countries such as Malaysia to which we have access to through Amana Banks institutional shareholders”
Commenting on the partnership, Chairman of the DMRCA Independent Hajj Committee, Mr. Riyaz Mihular, said "Following the competitive bidding process, we are pleased to once again select Amãna Bank as our Banking Partner for Hajj 2027. The Bank has demonstrated a high level of professionalism, efficiency and commitment in supporting the Department's objective of strengthening governance, transparency and accountability in the management of Hajj-related financial transactions. We are confident that this continued partnership will further enhance the experience for prospective pilgrims while ensuring a secure and well-managed payment process."
Amana Bank PLC is a stand-alone institution licensed by the Central Bank of Sri Lanka and listed on the Colombo Stock Exchange, with the Jeddah-based IsDB Group being the principal shareholder of the Bank. The IsDB Group is a Supra-National, ‘AAA’ rated multilateral development financial institution with a membership of 57 countries. Testifying to its position as a leading practitioner of the non-interest-based banking model, Amana Bank was recognized amongst the Top 50 Strongest Islamic Banks in the World by The Asian Banker. Amana Bank does not have any subsidiaries, associates, or affiliated institutions apart from its engagement with OrphanCare as its Founding Sponsor.