Giving details on the changes, the Ministry highlighted that Sukuk, a key indicator of the international market's faith in the Maldivian economy, was trading at USD87.44 on 07 July 2025, a significant climb from USD64.72 in early April 2025.
Ministry of Finance and Planning
The Maldives' Ministry of Finance and Planning, in its latest statement regarding Maldives' Sukuk updates, has stated that the price of the Maldives' sovereign Sukuk has significantly increased in recent months. In a statement published on 08 July, the ministry noted that this change is a demonstration of strengthening investor confidence and the success of the government's fiscal management.
Giving details on the changes, the Ministry highlighted that Sukuk, a key indicator of the international market's faith in the Maldivian economy, was trading at USD87.44 on 07 July 2025, a significant climb from USD64.72 in early April 2025.
This upward trajectory is a direct reflection of the government's commitment to its financial obligations and its proactive approach to strengthening the nation's economic fundamentals.
According to the statement, a series of strategic financial manoeuvres have been instrumental in this market optimism, including the significant repayment to a private creditor that was made by the Government in March 2025. This was promptly followed by the settlement of the Sukuk coupon payment in April 2025 as well. These actions sent a clear and powerful signal to the global financial community of the Maldives' steadfastness in honouring its commitments, thereby bolstering investor confidence.
Furthermore, the statement also highlighted that the government's commitment to fostering strong and collaborative international partnerships has yielded substantial positive results and that successful dialogues with major bilateral partners have been crucial in arranging a forthcoming refinancing package.
The surge in the Sukuk price is a clear vote of confidence from the international market, affirming the positive impact of the government's economic policies and its engagement with the global financial community.
