Company

Maldives Islamic Bank (MIB)

In the news, last 90 days

Economy MSD urges shareholders to convert paper certificates to digital shares The Maldives Securities Depository has urged the roughly 37,770 shareholders still holding paper share certificates to convert them into electronic shares via its Infinity.mv platform. MSD CEO Noorban Fahmy said the move would modernise the capital market and protect investors' shares, while noting that registration alone does not convert certificates and that dematerialisation is a separate process. The Edition 1 Nov Source

Economy MIB's Bingaa Champs promo offers three iPads as prizes Maldives Islamic Bank has launched the 'Growing with Bingaa - Bingaa Champs' promotion marking two years of its kids' banking solution Bingaa, offering iPads and certificates to three nominated children who have been saving regularly. Nominations through QR codes remain open until November 5, open to existing Bingaa customers with one nomination per child. 2 outlets 31 Oct Source

Economy MVR 750 million included in budget for housing equity scheme A special MVR 750 million equity financing scheme has been included in next year's budget to help citizens build homes on private land or buy new flats, with up to MVR 200,000 per household repayable only on sale within 20 years. Finance Minister Hassan Zareer said housing is Maldivians' greatest concern, but state housing expenditure has fallen from MVR 3.26 billion in 2024 to MVR 1.6 billion in the current budget, the lowest in four years. Adhadhu (English) 31 Oct Source

Tourism · Press release Mohamed Shammoon Ameen Wins Outstanding Dive Master Award at the inuagural MIB Guesthouse Awards 2026 Mohamed Shamoon Ameen won the Outstanding Dive Master Award at the inaugural Maldives Islamic Bank (MIB) Guesthouse Awards 2026, receiving a cash prize of USD 5,000. The awards were introduced to recognise excellence across the Maldives' guesthouse tourism sector. Maldives Islamic Bank 18 Oct Source

Tourism · Press release Fuvahmulah City Council Wins Guesthouse Tourism Champion Island Award at Inaugural MIB Guesthouse Awards 2026 Fuvahmulah City Council won the Guesthouse Tourism Champion Island Award at the inaugural Maldives Islamic Bank (MIB) Guesthouse Awards 2026, receiving an MVR 500,000 equivalent development project for a community-benefiting initiative. The awards were introduced to recognise excellence and contributions to guesthouse tourism development across the Maldives. Maldives Islamic Bank 18 Oct Source

Economy · Press release MIB Hosts First-Ever Guesthouse Awards Maldives Islamic Bank hosted the inaugural MIB Guesthouse Awards 2026 on 15 October 2026 at Barceló Nasandhura Maldives, handing out nine awards to guesthouses, an individual and an island. The ceremony was part of MIB's third Guesthouse Symposium, which gathered around 200 industry stakeholders. Maldives Islamic Bank 16 Oct Source

Economy · Press release MIB Brings Guesthouse Industry Together for Third Symposium Maldives Islamic Bank (MIB) hosted the third edition of its Guesthouse Symposium on 15 October 2026 at Barceló Nasandhura Maldives, gathering around 200 industry stakeholders under the theme 'Beyond the Stay: Building the Guesthouse of 17 Oct.' The event included opening remarks by MIB Managing Director and CEO Mr. Mufaddal Idris Khumri, a keynote by professional speaker Kiruba Shankar, a presentation on foreign exchange regulations and compliance by SHC Law & Tax, and a panel discussion on the guesthouse industry's future. Maldives Islamic Bank 16 Oct Source

Economy · Press release MIB Launches New Sales Centre and ATM Service in Sh. Funadhoo Maldives Islamic Bank launched a new Sales Centre and ATM service in Sh. Funadhoo, offering banking services including MVR cash deposits and withdrawals. The facility was inaugurated by Minister of Finance and Public Enterprises Hassan Zareer and Sh. Funadhoo Council Vice President Adam Hussain, alongside MIB's Deputy CEO Ahmed Riza and CFO Ali Wasif. Maldives Islamic Bank 8 Oct Source

Other · Press release Kiruba Shankar to Deliver Opening Keynote at MIB Guesthouse Symposium 2026 Maldives Islamic Bank announced that speaker and author Kiruba Shankar will deliver the opening keynote at the MIB Guesthouse Symposium 2026. The symposium is scheduled for 15 October 2026 at Barceló Nasandhura for guesthouse owners, operators and industry stakeholders. Maldives Islamic Bank 5 Oct Source

Economy · Press release MIB Recognised with WOMANi Leadership Award for Career Advancement 2026 Maldives Islamic Bank (MIB) was awarded the WOMANi Leadership Award for Career Advancement 2026 by Cambridge IFA for its efforts in advancing women's careers. Five women leaders from MIB were also featured in the WOMANi Report 2026. Maldives Islamic Bank 31 Aug Source

Economy · Press release MIB Expands Services in B. Atoll with Opening of Eydhafushi Branch Maldives Islamic Bank (MIB) opened a new fully-fledged branch in B. Eydhafushi, upgrading its previous Sales Centre on the island. The branch was inaugurated by Minister of Finance Hassan Zareer and offers personal and business banking services along with a 24-hour ATM supporting MVR and USD transactions. Maldives Islamic Bank 27 Aug Source

Where and about what

alphabetical, from the stories above

Eydhafushi Funadhoo Fuvahmulah Construction & property Finance & banking Public finance & tax Tourism & hospitality

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