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Maldives proved that nothing is impossible

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dc.contributor.authorAishath Muneeza
dc.date.accessioned2018-04-29T07:56:48Z
dc.date.available2018-04-29T07:56:48Z
dc.date.issued2014
dc.description.abstractThe Maldives is a 100% Muslim nation where Islamic finance is emerging as a proxy to the existing conventional system which has been in the country from an immemorial time. The first form of Islamic finance that was adopted in the country was Takaful. In 2003, the first Takaful company was established in the country under a conventional insurance license. In 2011 only, Islamic banking and Islamic capital market services were introduced to the country. Since then Islamic finance in the country has been spreading like wild-fire. The government has also realized the importance of Islamic finance in resolving economic and financial problems. As such Islamic finance has been considered as an integral part in the development of nation and the evergreen future of Islamic finance is evident in the country now.
dc.identifier.citationMuneeza, A. (2014). Maldives proved that nothing is impossible. Islamic Finance News, (February 2014), p. 56.
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/2861
dc.languageEnglish
dc.language.isoeng
dc.publisherRedmoney
dc.rights2014. Redmoney
dc.sourceSEDONA
dc.subjectMaldives
dc.subjectIslamic finance
dc.titleMaldives proved that nothing is impossible
dc.typeIndustry Article
dlc.maintopicIslamic finance
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.topic.maintopicIslamic finance
relation.isAuthorOfPublication81014255-5cb8-46bc-ad81-bf6d8a3a0702
relation.isAuthorOfPublication81014255-5cb8-46bc-ad81-bf6d8a3a0702
relation.isAuthorOfPublication81014255-5cb8-46bc-ad81-bf6d8a3a0702
relation.isAuthorOfPublication.latestForDiscovery81014255-5cb8-46bc-ad81-bf6d8a3a0702
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