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Maldives navigating success through waqf initiatives

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Date
2024
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Abstract
In a significant development, the Maldives has gained recognition as a prominent player in the global halal economy, according to the State of the Global Islamic Economy Report 2023/2024 upon analyzing the affluence of Muslim consumers and trends in Islamic economies. The report highlights the economic strength of the Maldives, emphasizing its robust GDP per capita of US$11,818 in 2022 which solidifies the nation's position in the global economic landscape, specifically within the Islamic economy. The Maldives is in 10th position in the list of top Islamic finance countries, underscoring its active role and influence in shaping the global Islamic finance sector. Additionally, global collaborations such as with the International Islamic Trade Finance Corporation have positioned the Maldives in significant trade and investment initiatives across various nations.
Keywords
Waqf , Maldives
Citation
Muneeza, A. (2024). Maldives navigating success through waqf initiatives. Islamic Finance News, 21(3), 12.
Publisher
Redmoney
DOI
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Maldives_navigating_success_through_waqf_initiatives_Aishath Muneeza.pdf

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