Since the state began collecting Zakat-al-Mal, the highest Zakat collection was made last year according to Maldives Zakat House. The Maldives Zakat…
The most recent updates from the Ministry of Finance confirms the current government concluded 2025 with a deficit of MVR 3.48 billion.…
The Bank of Maldives (BML), on Monday made the announcement of formalizing its partnership by way of a contract with the Asian…
The Maldives government is preparing to acquire a loan facility of over USD 100 million from Abu Dhabi Fund for Development (ADFD).…
The Bank of Maldives (BML) on Saturday, January 11, made announcement of a new promotional event ahead of this year’s Ramadan. Dubbed…
His Excellency President Dr Mohamed Muizzu welcomed His Excellency Mohammed Saif Al Suwaidi, Director General of the Abu Dhabi Fund for Development…
President Dr Mohamed Muizzu held a key meeting with Sultan bin Abdulrahman Al-Murshid, Chief Executive Officer of the Saudi Fund for Development…
The Bank of Maldives (BML) is set to introduce Indian Rupee (INR) accounts starting 1 August 2025, marking a significant step in…
The Maldives Monetary Authority (MMA) has announced the creation of an independent institution to lead the transformation of the nation’s payment ecosystem,…
The Bank of Maldives (BML) has announced that the SME Development Finance Corporation (SDFC) will be converted into a fully Shariah-compliant Islamic…