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BusinessNews

BML Islamic Marks 10 Years with Financial Literacy Drive at National University

By Ahmed Ashraf Published 3 hours ago

BML Islamic has hosted a financial literacy session for students of the Maldives National University, underscoring its commitment to promoting financial awareness and responsible money management across the country.

The event, held today at the university’s main auditorium, covered the fundamentals of Islamic finance, the principles of Shariah-compliant banking, and the importance of cultivating a savings culture. Bank officials highlighted how understanding financial products and services empowers individuals to make informed economic decisions.

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As the largest Islamic banking provider in the Maldives, BML Islamic offers a full range of Shariah-compliant products — from everyday accounts and debit cards to financing solutions such as overdraft facilities, cash financing, and hybrid home financing. The bank remains the only institution in the country to issue Islamic credit cards.

This year marks a decade since BML Islamic first introduced its services, a milestone the bank is celebrating with a special promotion. Ten customers will win a fully sponsored Hajj trip through a draw open to both existing and new clients. Eligibility extends to those who hold financing facilities, receive their salary through BML Islamic, maintain a general investment account, or use an Islamic credit card.

BML has a history of conducting financial education initiatives for schools, colleges, and communities. Today’s session continues that tradition, reinforcing the bank’s role not only as a financial services provider but also as an advocate for economic literacy and sustainable savings practices.

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“The Standard Maldives” is your premier source for the latest news, insights, and stories from the Maldives. With a commitment to accuracy and independence, we bring you comprehensive coverage of local developments, regional events, and global perspectives that impact our island nation. From breaking news to in-depth analyses, we aim to inform, inspire, and engage. Proudly carrying the tagline, ‘The World’s Window on Maldives,’ we connect the Maldives to the world and the world to the Maldives. Stay informed, stay connected.”

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