Environment environment / sustainability Maldives Impact 5.0/10 1 min read

MIB Signs MoU for Sustainable Waste Management Project in R. Fainu

Maldives Islamic Bank (MIB) signed an MoU with Soneva Namoona to support the Sustainable Waste Management Project in R. Fainu. Since 2025, MIB has collaborated with Soneva Namoona on environmental initiatives, including a successful project in B. Goidhoo. The new project includes a 7-day waste audit, installation and training for waste management machinery, community workshops on home composting and zero waste, and sessions on menstrual and reproductive health. This reflects MIB's commitment to CSR and sustainable development.

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Maldives Islamic Bank

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Apr 28, 2026

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Maldives Islamic Bank (MIB) signed an MoU with Soneva Namoona to support the Sustainable Waste Management Project in R. Fainu. Since 2025, MIB has collaborated with Soneva Namoona on environmental initiatives, including a successful project in B. Goidhoo. The new project includes a 7-day waste audit, installation and training for waste management machinery, community workshops on home composting and zero waste, and sessions on menstrual and reproductive health. This reflects MIB's commitment to CSR and sustainable development.

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