It is important for Islamic banks to have sufficient funds to deal with its obligations or commitments that may also affect its capability to attract deposits....
Green sukuk is in the global limelight in the midst of the pandemic. Green Sukuk are considered as Shariah compliant investments where the sukuk proceeds are...
Human governance is a principle-based approach where human beings are guided using moral and ethical principles that ought to be followed. Intrinsic values are used to...
Shariah compliance is the backbone of Islamic finance industry. There is need to follow highest level of shariah governance by the Islamic financial institutions to achieve...
Zakat administrator in Maldives is the Ministry of Islamic Affairs. Though Zakat (al-mal) collection is being delegated to Maldives Inland Revenue Authority (MIRA) of Maldives, the...
Ministry of Islamic Affairs is the executive body responsible in Maldives to carry out religious tasks and waqf is also regulated by the Ministry of Islamic...
Islamic finance has become popular today in the Maldives. The population had become well acquainted with modes of Islamic commercial finance as those modes have been...