Islamic Ministry, MIB Sign MoU to Better Manage Funds
The Ministry of Islamic Affairs and Maldives Islamic Bank (MIB) signed an MoU to develop and manage the Zakat, Awqaf, and Hajj funds. The MoU was signed by Minister Mohamed Shaheem Ali Saeed and MIB CEO Mufaddal Idris Khumr. The Zakat Fund will be developed to provide facilities as per President Muizzu's manifesto, which also includes Waqf projects in all atolls. President Muizzu recently inaugurated the Maldives Zakat House, which will hold consultative sessions on Waqf projects.
The Ministry of Islamic Affairs and Maldives Islamic Bank (MIB) signed an MoU to develop and manage the Zakat, Awqaf, and Hajj funds. The MoU was signed by Minister Mohamed Shaheem Ali Saeed and MIB CEO Mufaddal Idris Khumr. The Zakat Fund will be developed to provide facilities as per President Muizzu's manifesto, which also includes Waqf projects in all atolls. President Muizzu recently inaugurated the Maldives Zakat House, which will hold consultative sessions on Waqf projects.
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The Ministry of Islamic Affairs and Maldives Islamic Bank (MIB) signed an MoU to develop and manage the Zakat, Awqaf, and Hajj funds. The MoU was signed by Minister Mohamed Shaheem Ali Saeed and MIB CEO Mufaddal Idris Khumr. The Zakat Fund will be developed to provide facilities as per President Muizzu's manifesto, which also includes Waqf projects in all atolls. President Muizzu recently inaugurated the Maldives Zakat House, which will hold consultative sessions on Waqf projects.
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