PMF Finance PLC marked a historic milestone in its 43-year journey of service excellence with the official launch of SIDQ – Shariah-Compliant Financial Solutions at a prestigious ceremony held at the Kingsbury Hotel, Colombo on 8 June 2026.

The event brought together distinguished guests, business leaders, industry stakeholders, customers, and members of the financial community to witness the introduction of PMF Finance’s dedicated Islamic Finance Unit. The launch signifies the Company’s commitment to expanding financial inclusion and providing ethical, transparent, and Shariah-compliant financial solutions to the Sri Lankan market.

The ceremony was graced by H.E. Mr. Badli Hisham Adam, High Commissioner of Malaysia to Sri Lanka and the Maldives, who attended as the Guest of Honour. In his address, the High Commissioner highlighted Malaysia’s successful journey in developing a globally recognized Islamic finance industry and emphasized the significant opportunities available for Sri Lanka to strengthen its financial sector through the adoption of Shariah-compliant financial practices.

Congratulating PMF Finance on this important initiative, H.E. Mr. Badli Hisham Adam noted that Islamic finance has proven to be a resilient and sustainable model that promotes financial inclusion, ethical investments, and asset-backed financing while contributing positively to economic growth and stability.

Speaking at the event, Mr. Malik Cader, Chairman of PMF Finance PLC, stated that the launch of SIDQ represents a significant step forward in the Company’s ongoing efforts to diversify its financial offerings and cater to the evolving needs of customers. He expressed confidence that Islamic finance products would continue to gain acceptance and popularity in Sri Lanka, enabling more individuals and businesses to benefit from ethical and inclusive financial solutions.

The launch also featured remarks by Prof. (Dr.) Dewasiri N. Jayantha, Director / Chief Executive Officer of PMF Finance PLC, who described SIDQ as a strategic initiative aligned with the Company’s vision of innovation, inclusivity, and sustainable growth. He emphasized that PMF Finance remains committed to maintaining the highest standards of governance and customer service while expanding access to Shariah-compliant financial products.

SIDQ has been established to provide customers with ethical financial alternatives that comply with Islamic principles. The initial product portfolio includes Ijarah (Islamic Leasing) and Wakalah Investment, both designed around the core principles of transparency, fairness, asset-backed financing, and shared prosperity. These products are intended to create value for customers while supporting sustainable economic development.

The launch of SIDQ reinforces PMF Finance’s commitment to delivering innovative financial solutions that cater to diverse customer needs. With its extensive branch network across Sri Lanka and a legacy spanning more than four decades, PMF Finance is well-positioned to make Shariah-compliant financial services more accessible to individuals, entrepreneurs, and businesses throughout the country.

As Sri Lanka’s financial landscape continues to evolve, the introduction of SIDQ marks the beginning of a new chapter in ethical finance, offering customers the opportunity to participate in financial solutions that combine commercial viability with responsible and values-based practices.

The successful launch at the Kingsbury Hotel reflects PMF Finance PLC’s dedication to promoting financial inclusion, fostering sustainable growth, and contributing to the development of Sri Lanka’s Islamic finance sector.