MVR 250M Islamic social financing initiative launched

1 day ago

A massive MVR 250 million Islamic social financing initiative aimed at assisting women and people with special needs was launched on Wednesday. Maldives Islamic Social Finance Initiative (MISFI) is spearheaded by central bank, Maldives Monetary Authority (MMA) in collaboration with Maldives Islamic Bank (MIB) and Bank of Maldives (BML) Islamic. Under this project, BML, MIB and MMA will contribute MVR 200 million,