Maldives Securities Depository
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BusinessMSD launches online booking system to streamline services
The Maldives Securities Depository has launched an online booking system to streamline shareholder services and reduce wait times. Clients can now schedule appointments via the MSD website for services like account opening. After a three-month transition, the office will move from accepting walk-ins to an appointment-only model.
BusinessMIB 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.