Maldives Islamic Bank Secures Double Win at 11th Islamic Retail Banking Awards

Maldives Islamic Bank Secures Double Win at 11th Islamic Retail Banking Awards

November 20, 2025 . Written by: Mohamed Shabhaan

Maldives Islamic Bank (MIB) has been honoured with two prestigious recognitions at the 11th Islamic Retail Banking Awards (IRBA), reaffirming its position as a leading force in the Islamic banking sector.

MIB received the Best Digital Banking Initiative Award for its innovative digital solutions designed to enhance customer experience and accessibility. This award recognises the Bank’s continuous investment in technology, including its advancements in mobile banking, online services, and customer-centric digital transformation.

In addition, the Bank was also named the Best Islamic Retail Bank in Maldives, a testament to its strong performance, commitment to Shariah-compliant banking, and dedication to delivering value to its customers and communities.

Commenting on the achievement, MIB stated that the awards reflect the Bank’s unwavering focus on excellence, innovation, and service quality. The Bank also expressed its gratitude to its customers, partners, and staff, whose trust and hard work made this accomplishment possible.

The IRBA Awards, organised  by Cambridge IFA, are among the most respected accolades in the global Islamic finance industry, recognising outstanding institutions that demonstrate leadership, innovation, and impact.

With this double win, Maldives Islamic Bank continues to strengthen its position as a pioneer in Islamic retail banking in the Maldives.

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