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Maldives leading Islamic bank, MIB has celebrated a decade of service on 7th of March 2021.
Maldives Islamic Bank (MIB) first commenced its operations in 2011. It is the first and the only full-fledged Islamic bank currently operating in the Maldives. MIB is a collaboration between the Islamic Corporation for the Development (ICD) of the Private Sector, the government of Maldives and Amãna Takaful.
Providing deposit and financing services, MIB now operates through a full-fledged digital banking platform with 6 branches in 5 atolls across the country.
MIB provides a wide range of Shariah-compliant banking products and services for both individuals and businesses. MIB’s deposit and investment products (in MVR and USD) include Current, Savings, and General Investment Accounts. Financing services are provided for a wide array of goods and services, including consumer goods, motorcycle, car, vessels, housing, construction, machinery, and for trade or imports.
