Islamic Finance

Pension Office appoints new CEO

less than a min read
The Board of Maldives Pension Administration Office (MPAO) has appointed Sujatha Haleem as Chief Executive Officer on 31 October 2022. According to MPAO Sujatha was appointed for a term of...

Getting your Travel Takaful plan from home!

2 min read
Ayady Takaful is the Islamic Window of Allied Insurance Company – The leading insurer of the Maldives to deliver takaful (Islamic insurance) products inherently in line with Islamic shariah principles.

Crypto Crash of 2022

5 min read
Crypto has always been a continuous conversation. On one side, the entire basis of the digital currency options was to create a financial system away from the banks and politics,...

HDFC’s 4th Sukuk issuance

4 min read
On 22 September, the Housing Development Finance Corporation Plc (HDFC) announced the extension of the closing date of its Mudarabah Sukuk Issue No. 4 from 30 September to 31 October...

Maldives' Sukuk reaches USD500 million

4 min read
On 2 September 2021, the Government of Maldives issued another USD200 million Sukuk, or Islamic bond, in addition to the USD300 million issued in March (USD200 million) and April (USD100...