Publication:
HDFC Amna: the first Islamic window for home financing
Abstract
The Housing Development Finance Corporation (HDFC) of the Maldives has launched an Islamic window offering Islamic home financing facilities, registered as HDFC Amna. The establishment of an Islamic window by HDFC is an achievement for the promotion of Islamic finance in the Maldives as it is the first of its kind. Mohamed Shaheem Ali Saeed, the minister for Islamic affairs, stated that it was a remarkable day in the history of Maldives as the creation of HDFC Amna was initiated with the assistance of local experts in the field of Islamic finance.
Keywords
Housing Development Finance Corporation (HDFC) , Maldives , Islamic finance , Islamic home finance facilities
Citation
Muneeza, A. (2012). HDFC Amna: the first Islamic window for home financing. Islamic Finance News, 9(23), p. 14.
Publisher
Redmoney