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Press release - Opening of Maldives Islamic Bank Hulhumale' Branch


Release Date:         24th April 2017           

Subject:               Opening of Maldives Islamic Bank Hulhumale' Branch


Maldives Islamic Bank (MIB) is pleased to announce the opening of its Hulhumale' branch today.

MIB Hulhumale' branch is located at the mini mall "Centro" on Huvan'dhumaa Hin'gun. The branch offers a complete range of banking products and services that are compliant with Shariah, including deposit and investments accounts, business financing facilities, consumer financing facilities, trade finance, remittance and other ancillary services. 

The opening of MIB Hulhumale' branch is in line with the bank's strategic development plan to expand its branch network in the key markets in response to the growing demand for Islamic banking services among the public. MIB currently operates five branches located in Male', Addu City, Thinadhoo, Kulhudhuhfushi and Hulhumale' and work is currently in progress to open its sixth branch in another island by the middle of the year.  

Thank you.


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Mr. Mohamed Shafau Hassan

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