The Maldives Islamic Bank opened its doors for the first time this week. MIB is the first Islamic bank in the Indian Ocean island nation. The new bank’s CEO, Harith Harun told reporters that the initial paid-up capital of the bank would be MVR150m ($11…
The Islamic Banking and Finance Institute Malaysia (IBFIM) has joined forces with Maldives Islamic Bank to set up the first Islamic bank in Maldives, which aims to be operational next January.
Both parties signed a memorandum of agreement (MoA) yesterd…
Maldives Islamic Bank (MIB) and Islamic Banking and Finance Institute Malaysia (IBFIM) will sign a Memorandum of Agreement (MoA) to set up the first Islamic bank in Maldives.
According to the agency, the agreement will bind both parties to co-develop I…
The Islamic Banking and Finance Institute Malaysia (IBFIM) and the Maldives Islamic Bank will sign a Memorandum of Agreement (MoA) to set up the first Islamic bank in Maldives and to develop Maldives Islamic Bank Shariah-compliant banking products. The…
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