• 23 Mar2018
    Posted by CDB Finance PLC
    Joint Winner in the Finance & Insurance Sector at the ACCA Sustainability Reporting Awards Unique stakeholder engagement initiatives and expansive vision hailed by judging panel   With sustainability being the axis on which its business model is founded, Citizens Development Read more...
  • 03 Sep2018
    Posted by CDB Finance PLC
    Having nurtured a young team that has trailblazed unprecedented pathways in the NBFI sector collating multiple awards along that journey, Citizen’s Development Business Finance PLC (CDB) joins the popular EDEX Mid-Year Expo as “Official Financial Partner” to map pathways that Read more...
  • 20 Jul2018
    Posted by CDB Finance PLC
    Wins at CMA Excellence in Integrated Reporting Awards Head of Sustainability CDB Aroshi Ranatunga holds the award presented to CDB on being adjudged among the Best Ten Integrated Reports at the CMA Excellence in Integrated Reporting Awards with Speaker Hon. Read more...
  • 16 Jul2018
    Posted by CDB Finance PLC
    The always trailblazing Citizens Development Business Finance PLC (CDB) is introducing an unprecedented array of rewards throughout the year for CDB customers through its flagship loyalty programme CDB Sithumina Loyalty Rewards.  From experiencing the thrills of Disneyland and the Eiffel Read more...
  • 21 Jun2018
    Posted by CDB Finance PLC
    Profit after tax up 39% at 1.4 Bn Total assets surpass Rs.75 Bn mark, up 40% Early Adoption of SLFRS 9 “Financial Instruments” The multi-award winning Citizens Development Business Finance PLC (CDB), which has continuously sustained impressive financial performance year-on-year, Read more...
  • 01 Jun2018
    Posted by CDB Finance PLC
    An Autism Trust Fund, CDB and SLACD joint initiative CDB continues Autism Awareness efforts jointly with SLACD and Ampara District Hospital Autism Awareness Walk to commemorate Autism Awareness Month held in Ampara   With April marking Autism Awareness Month, the Read more...
  • 08 May2018
    Posted by CDB Finance PLC
    Photo caption:  Multiple medal winners at the 38th Masters Athletic Championship 2018 in Mangalore India, CDB’s Senior Executive -  Customer Relations Nadeeka Perera and Senior Executive– Credit Operations Dananja Krishantha Liyanage show off the gold, silver and bronze medals they Read more...
  • 27 Apr2018
    Posted by CDB Finance PLC
    Uses social media platforms for fund transfers Yet another first in the financial services industry in Sri Lanka Optimising use of social media to maximise financial inclusiveness Trailblazing yet another revolutionary breakthrough in fund transfers in the country, Citizens Development Read more...
  • 19 Apr2018
    Posted by CDB Finance PLC
    11th donation presented under the CDB Pariganaka Piyasa flagship CSR programme 420 students and entire Devipahala Kuruwita community to benefit A total of LKR 13.5 Mn investment since 2007 benefitting nearly 12,500 students Empowering Sri Lanka’s young people with the Read more...
  • 17 Apr2018
    Posted by CDB Finance PLC
    CDB inked a groundbreaking MCA record when it donned the crown of Runner Up in the BMW-Hyundai Trophy – MCA ‘C’ Division 50 Over League Tournament 2018.  Sponsored by Prestige Automobile (Pvt) Limited for the seventh time, CDB etched its Read more...

CDB Islamic Finance
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CDB Meezan is the Islamic Finance wing of Citizens Development Business Finance PLC (CDB) which operates under the guidance of Islamic Shari’ah concept.

Product Offering

• IJHARA (Leasing)
• Mudharabah ( Savings and Deposits)
• Murabahah (vehicle financing)


IJARAH (leasing facilities for brand new and registered vehicles)

“Ijarah” is a mode of financing in Islmaic Sharia Law and widely practiced across the globe in the Islamic Banking and Finance Industry. The Ijarah scheme is unique, being specially designed and tailor-made to address all your vehicle leasing needs. We’ll purchase the motor vehicle of your choice and style, and let you use it over a mutually agreed lease period and gift it to you at the end of the lease period, upon successful completion of lease. All you have to do is pay the rental on time. We will insure and bear the cost of all major repairs, leaving you with only the small hassle of routine maintenance. In this way, we take a major part of your risk away, giving you the freedom to enjoy the benefits of Ijarah.

• Up to 100% financing
• Competitive lease rentals
• Comprehensive Sharia compliance Insurance Cover
• Maximum leasing period (72 months)


Download the application for a new account



“Mudharabah” is a mode of investment prescribed in Islamic Sharia Law and widely practiced across the globe in the Islamic Banking and Finance Industry. The Mudharabah (Investment) is a contract, with one party providing 100% of the capital and the other part providing their specialist knowledge and expertise to invest the capital and manage the investment project. Profits generated are shared between the fund parties according to a pre-agreed ratio and the losses incurred are solely born by the fund provider (unless proven mismanagement, negligence or transgression by the fund manager takes place).

Mudharabah Savings 

Mudharabah  Savings operates on a profit and loss sharing basis under the Shari’ah guidelines. Customers are free to withdraw money in full or partially at any given time.

Product benefits

• Higher profit return on monthly basis
• Access to leading ATM network island wide
• Internationally accepted debit card
• Cash withdrawal anytime
• Door step service

Mudharabah Deposits

A term investment option available for customers on profit and loss sharing basis. Profits generated through deposits at the stipulated period is being shared between customer and CDB at a pre-agreed ratio at the time of investment.

Product benefits

• Shari’ah compliant return on your investment
• Competitive profit sharing ratio
• Investments from 1 month to 36 months
• Profit payable monthly or at maturity
• Minimum deposit: Rs. 10,000



Murabahah vehicle financing

A shari’ah compliant financing option designed to fulfill vehicle purchase needs on the basis of buy and sell (trading). Cost of goods and profit margin of seller (CDB) is disclosed to the customer at the time of entering in to Murabahah facility agreement.

Product benefits

• Shari’ah compliant insurance policy
• Competitive pricing (installment)
• Minimum documentation
• Speedy service


Murabahah Trading Finance

Designed to cater customer’s quick business funding and expansion requirements on the basis of buy and sell goods & stocks (trading) CDB will purchase the agreed goods from supplier and resell the same good with a profit margin to the customer on a different payment mode. Security on repayment would be vehicle under customer’s name.

Product benefits

• Tailor made installment payment options
• Minimum documentation
• Speedy service


Property Back Business Financing

Designed to fulfill business financing needs in the form of property back trading facilities requested by the customer. Value of the facility and the security on requirement will be based on property owned by the customer

Product benefits

• Tailor made installment payment options
• Shari’ah compliant documentation process
• Speedy service


Terms & conditions apply