Financial Statements for the year 2024

Posted on: 24 April 2025

About Maldives Islamic Bank

Maldives Islamic Bank, the first and fully shariah compliant bank in the Maldives is a collaboration between ICD (IsDB) and the Government of Maldives. MIB opened its’ doors on the 7th of March 2011 with the opening of the Main branch in Male’ the capital of Maldives and quickly followed suite by expanding into all major population centres of the nation. MIB now operates with 6 branches in 5 atolls across the country.

The Bank was brought to inception with the intention to provide an alternative to the public and businesses who wish to avail themselves to banking transactions and dealings in strict compliance to Islamic banking principles.

Vision

MIB's Vision is to be recognized as the leader and preferred partner in Shariah banking and an active player in the promotion and development of Islamic banking in Maldives.



Mission

MIB's Mission is to serve as a trusted provider of Islamic financial products and services by focusing on the following key Objectives:

• Raising public awareness of Shariah financial services

• Creating values for customers, shareholders, employees and other stakeholders

• Meeting the Bank's financial goals

• Attracting, training and retaining staff that are best able to accomplish the mission of MIB

• Creating a rewarding, challenging, supportive and trusting work environment

• Constantly exceeding customer's expectations

• Proactively growing and developing valuable long-term customer relationships.

Contact

Maldives Islamic Bank Plc.
Medhuziyaaraiy Magu
Male’ – 20097
Republic of Maldives
Tel: +960 332 5555
Email: [email protected]
http://www.mib.com.mv/
Tel: +960 332 5555
Email: [email protected]
http://www.mib.com.mv/

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