Vidullanka PLC achieved a ground-breaking milestone as the first company in Sri Lanka to issue a listed Sukuk, marking an exceptional achievement for both the company and the nation’s capital markets.

The issuance, which aimed to raise Rs. 500 million, was assigned an A+ rating by Fitch Ratings, reflecting strong confidence in Vidullanka’s financial strength and governance. It was also oversubscribed on the day of its launch on 17 June 2025.

This pioneering effort is expected to serve as a catalyst for the growth and diversification of Sri Lanka’s capital markets, offering a model for other corporates seeking alternative financing solutions.