Prosperous year for Islamic capital market in the Maldives
The Maldives is a small island nation with a 100% Muslim population. The country witnessed the first form of Islamic finance with the incorporation of Amana Takaful Maldives in 2003 and the first fully-fledged Islamic bank was established in 2011. As the Maldives marked the 15th anniversary of Islamic finance in the country, it gave the opportunity for the citizens of the country to appreciate the industry and widen its scope to tap into the halal industry via Islamic tourism and halal certification.
Maldives , Islamic finance , Sukuk , Waqf , Takaful
Muneeza, Aishath. (2020). Prosperous year for Islamic capital market in the Maldives. Islamic Finance News Annual Guide, (6 May 2020), pp. 92.