MIB
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BusinessMIB marks 15 years of excellence
On the 900th anniversary of the Maldives' conversion to Islam, Maldives Islamic Bank (MIB) celebrates 15 years of service. Since its 2011 launch, MIB has overcome initial skepticism and infrastructure hurdles to provide Shari’ah-compliant banking, marking a major milestone in the nation's financial history.
BusinessMIB reports financial growth in Q2
Maldives Islamic Bank reported significant growth in Q2, with total assets rising to MVR 19.31 billion and net profit reaching MVR 111.42 million. Customer deposits and overall revenue also saw substantial increases compared to the previous year. The bank attributes these strong financial results to growing customer trust and confidence.
Business
MIB restricts dollar limits on MVR cards for some platforms
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MIB attends 12th MIBFI Conference
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MIB expands national reach with new ATM in Thoddoo
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MIB posts MVR 113 million profit for Q1
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MIB partners with Soneva Namoona for sustainable waste initiative
Business
MIB opens new ATM in Male'
Business