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 SRI LANKA’S AGRI SECTOR EYES BILLIONS IN UNTAPPED HALAL MARKETS

 SRI LANKA’S AGRI SECTOR EYES BILLIONS IN UNTAPPED HALAL MARKETS

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Home Southern Asia Sri Lanka

 SRI LANKA’S AGRI SECTOR EYES BILLIONS IN UNTAPPED HALAL MARKETS

by Asia Today Team
February 27, 2026
in Sri Lanka
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Motion filed on behalf of Sallay, taken up – Sri Lanka Mirror – Right to Know. Power to Change

PEOPLE’S LEASING & FINANCE PLC


 SRI LANKA’S AGRI SECTOR EYES BILLIONS IN UNTAPPED HALAL MARKETS

A daring and vital shift happened in Sri Lanka’s agriculture sector lately. Asia Plantation & Export (Pvt) Ltd formally signed a Memorandum of Understanding with the Sri Lanka Sharia Council, a transfer that can develop into a turning level within the island’s export sector. As an organization that all the time breaks new floor within the enterprise world, it has made historical past as the primary plantation firm in Sri Lanka to signal a Memorandum of Understanding with the Sharia Council on Islamic Finance. 

The corporate, which sits below the broader Asia Worldwide Consolidated (Pvt) Ltd umbrella, has spent years constructing a fame as a dependable exporter of recent fruits, greens, and grains. Asia Plantation & Export (Pvt) Ltd has grown to develop into one of many largest and most trusted strawberry suppliers within the Sri Lankan market. They’re the proud winners of the celebrated Golden Feather Award for 2023–2024, a recognition that has been purely obtained by the belief they’ve constructed over time, each domestically and internationally. 

The Signing of MOU with the Sri Lanka Sharia Council provides a complete new dimension to the Plantation Sector of the corporate. Initially the Firm will open the doorways for the Pineapple Mission and it’s prone to inaugurate an Islamic Unit for agriculture Functions of the Firm by the top of march 2026.   

 In accordance with the settlement, the Firm will strictly adhere to the authorized Islamic rulings (Fatwa) issued by Darul fatwa of Sri Lanka Sharia Council associated to the pineapple undertaking together with Phrases and Situations and three agreements to the mentioned undertaking which have been ready by the council itself. Moreover, the brand of the council solely will likely be utilized by the Firm to organize the doc of fatwa. Phrases and situations and settlement of the mentioned undertaking. In future the corporate intends to introduce sharia Compliant financing modules with the session of the council for an additional plantation undertaking. The aim of the corporate is .by facilitating an Islamic finance is to open doorways to the huge and rising Muslim Shopper market throughout the center East and Asia module for the Shoppers prepared to realize enterprise revenue in Islamic construction.

The signing ceremony was attended by distinguished representatives from each organizations. From the Sri Lanka Sharia Council, the MOU was formally signed by Al Usthaz Al Alim M. B. M. Hisham (Al Faththahi), Secretary of the Council, within the presence of Al Usthaz Al Alim M. R. M. Rizan (Al Ihsani), Al Usthaz Al Alim M. R. M. Jahankeer (Al Zahri), Al Usthaz Al Alim A. Okay. M. Bilaal (Al Ilmi), Al Alim M. Harid Muheed (Al Bahji), and Moulavi M. R. Abdul Rahuman (Al Hilāli), Treasurer of the Council and Legal professional -at -Legislation Mr. N M Reyaz  From Asia Worldwide Consolidated (Pvt) Ltd, the MOU was signed by Chairman Deshamanya Dr. Asanka Dissanayake and by the Directeress Mrs. Dulanthi Kodikara, Director Mr. Muditha Jayawardhana , Basic Supervisor Operations Mr, Alanka Abeysekara, Basic Supervisor Advertising and marketing Dilan Gunaratna, Assistant Basic Supervisor Mr. Thilak Prasanna and Worldwide Enterprise Guide & Head of Sharia Enterprise Mr. Rumy Hussain 

By facilitating and adhering to the sharia compliant monetary body works, Asia plantations & Export Will develop into a serious attraction for Islamic Funding capital, which arrives largely from Gulf States Saudi Arabia and different Center Jap Economies. what begins as a Financing framework as we speak may very realistically evolve into direct overseas funding tomorrow.

The initiative and daring step taken by the corporate to advertise Islamic Monetary module via Plantation sector is not going to solely appeal to recent overseas funding however may even help nationwide meals safety targets and significantly contribute to reforestation effort via accountable land use 

Past agriculture, the Asia Worldwide Consolidated Group spans tourism, healthcare, and hospitality, with plantation operations additionally extending into Singapore and Malaysia via its Aerosphere arm. 





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