Bank of Maldives introduces Islamic banking services
22 Jan 2015, 2:26 PM
Daniel Bosley
With additional reporting by Mohamed Said Fathih and Ismail Humaam Hamid
The Bank of Maldives (BML) has introduced Islamic Banking Services today (January 22).
The service inaugurated by Minister of Islamic Affairs Dr Mohamed Shaheem Ali Saeed will be operated under the name ‘BML Islamic’ which will offer its personal and business customers with deposit and financing products.
“This is a big and proud day for our Bank,” said BML’s CEO and Managing Director Andrew Healy. “Today we start to provide alternatives to those who wish to strictly follow Islamic principles in their banking.”
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