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A digest of news and opinion from the Maldives.

Maldives Islamic Bank (MIB)

Ooredoo Partners with MIB to Offer Handsets and Accessories on Installment Basis!

Ooredoo Partners with MIB to Offer Handsets and Accessories on Installment Basis!

2 min read

Ooredoo Maldives has announced its partnership with Maldives Islamic Bank, enabling instalment payment services to customers for handsets and accessories via MIB Ujaalaa Dhiriulhun (UD) financing facility. This partnership with MIB enables the smart financing option to acquire handsets to Ooredoo customers and customers of other networks with a MIB UD facility to purchase handsets […]

Maldives Islamic Bank Advise Their Customers To Use Faisamobile For Banking

Maldives Islamic Bank Advise Their Customers To Use Faisamobile For Banking

2 min read

Maldives Islamic Bank (MIB) encourage their customers to use faisamobile for banking during the current COVID-19 outbreak in the Maldives. MIB encourage their customer to stay at home to practice social distancing as a precautionary measure to control spreading of COVID-19. Faisamobile is an all-in-one, modern, user-friendly and secure mobile banking app by Maldives Islamic […]

Government Eases Bank Loan Repayment Conditions Amid COVID-19 Pandemic

Government Eases Bank Loan Repayment Conditions Amid COVID-19 Pandemic

1 min read

The government has decided to extend the loan repayment period to 6 months to help business in the economic downfall caused by the spread of COVID-19 pandemic. In a press conference, Finance Minister Ibrahim Ameer has stated that they have extended the repayment of loans taken from Bank of Maldives (BML) for 6 months. He […]