MIB approves MVR 129.6 million dividend
Maldives Islamic Bank (MIB) held its 16th Annual General Meeting on May 18, 2026, approving a total dividend payout of MVR 129.6 million (MVR 5.41 per share). 57 shareholders attended virtually via the FahiVote system, representing 79.74% of shareholding. The Directors' Report and audited financial statements were passed unanimously. Ernst & Young was appointed as external auditors for 2026 with 99.95% support. MIB's total assets surpassed USD 1 billion in 2025. The bank, established 15 years ago, has grown into a leading Islamic financial institution in the Maldives.
Maldives Islamic Bank (MIB) held its 16th Annual General Meeting on May 18, 2026, approving a total dividend payout of MVR 129.6 million (MVR 5.41 per share). 57 shareholders attended virtually via the FahiVote system, representing 79.74% of shareholding. The Directors' Report and audited financial statements were passed unanimously. Ernst & Young was appointed as external auditors for 2026 with 99.95% support. MIB's total assets surpassed USD 1 billion in 2025. The bank, established 15 years ago, has grown into a leading Islamic financial institution in the Maldives.
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Maldives Islamic Bank (MIB) held its 16th Annual General Meeting on May 18, 2026, approving a total dividend payout of MVR 129.6 million (MVR 5.41 per share). 57 shareholders attended virtually via the FahiVote system, representing 79.74% of shareholding. The Directors' Report and audited financial statements were passed unanimously. Ernst & Young was appointed as external auditors for 2026 with 99.95% support. MIB's total assets surpassed USD 1 billion in 2025. The bank, established 15 years ago, has grown into a leading Islamic financial institution in the Maldives.
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