President Dr Mohamed Waheed on Thursday (May 16) opted to form the company with 100 percent government shares.

The announcement of the company’s foundation follows recent legal wrangling in the Maldives’ courts over whether the Islamic Ministry should be forced to reevaluate several unsuccessful bids by local Hajj groups wishing to offer pilgrimages.  

The case was filed on the back of concerns at alleged corruption within the current system.

Select Hajj groups are authorised by the government to provide transport and accommodation for pilgrims in Mecca, as well as offering guidance in helping them complete the religious rituals.