Maldives Islamic Bank
MIBAbout
Maldives Islamic Bank (MIB) is the First Islamic Bank in the Maldives. MIB is collaboration between Islamic Corporation for the Development of the Private Sector (ICD) which holds 75% share and the Government of Maldives represented by the Ministry of Finance and Treasury, owning the balance 25%. MIB aims 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.
Mission
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 stakeholder, 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, and proactively growing and developing valuable long-term customer relationships.
Vision
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.
Share Details
| Type | Entity Name | Percent |
|---|---|---|
| Investors | Islamic Corporation for the Development of the Private Sector (ICD) | 36.00% |
| Government | The Government of the Maldives | 28.00% |
| Public | General Public | 20.47% |
| Public | Maldives Pension Administration Office | 10.53% |
| Investors | Amana Takaful (Maldives ) Plc | 5.00% |
Board Members
Non-Executive
Chairman & Director
ICD
Executive
Chief Executive Officer
Executive
Chief Financial Officer & Director
GoM
Non-Executive
Director
ICD
Non-Executive
Director
ICD
Non-Executive
Director
GoM
Non-Executive
Director
GoM
Non-Executive
Director
Non-Executive
Independent Director
GoM
Non-Executive
Independent Director
Non-Executive
Independent Director