MIB approves MVR 129.6 million dividend
The Maldives Islamic Bank approved a total dividend payout of MVR 129.6 million, or MVR 5.41 per share, during its 16th AGM. Shareholders also appointed Ernst & Young as external auditors and noted a major milestone as total assets surpassed $1 billion. The bank remains committed to expanding its Shari’ah-compliant services.