Islamic Banking
5 articles
Latest
BusinessBML prioritizes Islamic banking for new accounts and loans
Bank of Maldives has launched an "Islamic Finance First Policy," making Shari’ah-compliant services the default for all new accounts and personal loans. Existing customers can easily transition to Islamic alternatives, though conventional options remain available upon request. The shift aims to modernize the nation's banking sector.
BusinessMIB attends 12th MIBFI Conference
Maldives Islamic Bank participated in the 12th MIBFI Conference, which marked 15 years of Islamic banking in the country. Industry leaders discussed the future of finance, focusing on digital innovation, fintech, and regulatory reforms. The event aimed to foster collaboration and highlight growth opportunities within the global economy.
