Maldives has made on to the list of Islamic Finance Chart. According to the 2016 ICD Thompson Reuters Islamic Finance Indicator Report, Maldives is among the top 15 countries with most developed Islamic Finance systems. Maldives is listed next to Pakistan.
According to the report from 2012 to 2015 Maldives has developed the most in the field of Islamic Finance. That is because in this period Maldives started the most Islamic financial institutions and started providing Islamic financial services.
Also, Maldives is among the top countries with Islamic Insurance, Takaful. According to the report Maldives has 114.14 million dollars as Islamic Banking assets.
Speaking to Miadhu News, the Chairperson of Islamic Finance Center Dr.Aishath Muneeza said that this shows that the world has recognized the achievements of Maldives within this short period.
Dr.Muneeza said that this shows that it is possible to achieve President Yameen’s vision of making Maldives a hub of Islamic Finance in this region.