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Al-Falaah Junior

Al-Falaah Junior, the minor’s savings account from Al-Falaah, offers a comprehensive savings plan based on the Shari’ah principle of profit sharing. The first of its kind to be offered in the Sri Lankan Islamic Financial Services sector, Al-Falaah Junior will help your child achieve their full potential with the aim of inculcating the savings habit and financial discipline from a young age.

Coupled with attractive benefits, high profit returns and exciting gifts, this children’s savings account facility provides parents the opportunity to build a solid financial foundation for their children, so that on reaching 18 years of age, the child would have a substantial fund to pursue higher studies and other life goals.

  • Applicable only for minors under the age of 17 and below
  • Profits payable – monthly
  • Fully-integrated Savings Account with Pass Book
  • Widest reach with 7 dedicated Al-Falaah centres and more than 100+ LOLC Finance branches and service centres island-wide
  • Attractive and exciting gifts for account holders on offer