Maldives Zakat House Lowers Nisab to MVR 19,266.10
The Maldives Zakat House has reduced the Nisab for Zakat al-Mal to MVR 19,266.10, effective immediately, following changes in global silver prices.
SME Digital to Host Open Day for Islamic Loan Transition
SME Digital announces an Open Day on August 15 to facilitate the immediate transition of conventional loans into Shariah-compliant financing.
Maldives Launches Islamic Agri-Loans and New Grant Phase
The Maldives transitions agricultural loans to Islamic financing and launches a MVR 15 million grant phase to modernize northern atoll farming.
SME Digital Enhances Operations Under BML Management
SME Digital introduces relationship banking and Shariah-compliant solutions to bolster support for small and medium enterprises in Maldives.
Neglecting Zakat Weakens Faith, Friday Sermon Warns
Friday's sermon highlights Zakat as a divine economic system, warning that neglecting this pillar of Islam diminishes a believer's faith.
