MIB to fund MVR 500,000 project for Guesthouse Champion island

Oct 6, 2026, 1:38 PM
The awards will be given in conjunction with the Guesthouse Symposium in 2026. -- Photo: Mirash Nashim/ Adhadhu

The awards will be given in conjunction with the Guesthouse Symposium in 2026. -- Photo: Mirash Nashim/ Adhadhu

The Maldives Islamic Bank (MIB) has announced that the winner of the "Guesthouse Champion" title at the upcoming Guesthouse Symposium will be awarded a community project valued at MVR 500,000.

The Guesthouse Symposium and Awards ceremony, an initiative by MIB, is scheduled to take place in Male' on October 15. The winning island will be officially announced during the event.

The bank reported strong support for the award nominations by the application deadline. The winning island will have the opportunity to propose a project that directly benefits both the local community and visiting tourists.

With funding of up to MVR 500,000 available under this initiative, the bank expressed its hope that the project will enhance the convenience and well-being of residents and visitors alike.

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