Business
Amãna Bank : Annual Report - 2024
Amãna Bank : Annual Report -
About this update from Amana Bank Plc
[{"type":"text","content":" SPECTRUM OF GROWTH Annual Report 2024 Contd. 2 Annual Report 2024A SPECTRUM OF GROWTH In a year defined by progress and promise, we celebrate the strides we have taken as a Bank leveraging on our strong track record of resilience towards optimising our growth potential. Achieving an investment grade Fitch rating of BBB- with a stable outlook is not merely a milestone but a reflection of the solid foundation we have built, guided by values that remain steadfast amidst evolving landscapes. Our journey mirrors the dynamic nature of a kaleidoscope—each shift revealing new patterns, driven by a harmony of enduring principles and forward-looking strategies in line with our people friendly and development focussed banking approach. From fostering a culture that prioritises our team’s well-being to integrating robust technology and sustainable practices, we continue to expand our horizons. Our spectrum of growth is more than the achievements we celebrate today; it is a vision for tomorrow, where every perspective contributes towards different possibilities and opportunities for a prosperous future - Enabling Growth and Enriching Lives! CONTENTS About Amãna Bank PLC About the Report Vision, Mission & Values Our Journey Board of Directors Independent Sharia Supervisory Council Profiles of Strategic Shareholders Management Committee Assistant Vice Presidents Senior Managers 2024 at a Glance Financial Highlights Non-Financial Highlights Contribution to National Development Event Highlights Leadership Reviews Chairman’s Message iNdm;s;=ukaf.a m‚úvh jtprhsupd; mwpf;if Managing Director/CEO’s Review Strategy and Focus Business Model Stakeholder Engagement Materiality Strategic Commitments Approach to Sustainability Management Discussion and Analysis Operating Environment Business Reviews Business BankingRetail BankingTreasuryReport on Sharia Supervision Capital Management Reports Financial CapitalManufactured CapitalIntellectual CapitalCustomer CapitalHuman CapitalNatural CapitalSocial CapitalCapital Trade-offs2 4 7 8 10 20 22 24 26 27 30 32 33 34 38 42 45 48 54 56 62 67 68 74 77 79 81 83 86 90 94 98 103 112 114 118 Chairman’s 38 Message Managing Director/ 48 CEO’s Review Event 34 Highlights Business 54 Model Business 77 ReviewsAnnual Report 2024GovernanceCorporate Governance Report120Bank’s Compliance with Prudential Requirements168Direc...