Maldives Centre for Islamic Finance (MCIF) has stated President Abdulla Abdulla Yameen Abdul Gayoom is the only president who prioritised enhancing Islamic values in Maldives.
President Yameen has achieved a lot in terms of establishing Islamic principles in Maldives, Vice Rector of MCIF Hishan Saeed expressed speaking with PSM News. Vice Rector Hishan Saeed said MCIF has achieved major milestones to establish Maldives as an Islamic financing hub within the past couple of years, which proves the priority given by President Yameen.
Hishan Saeed highlighted several international conferences were held within the past four years to establish an economy based on Islamic principles in the country, adding all such conferences further boosted the efforts of the government. Noting the efforts of government in enhancing Islamic finance in the country, Hishan said South Asian Institute for Islamic Finance has begun the process of implementing the policy of the current government.
MCIF was established in 2016 as a 100% government owned company aiming to link Islamic finance industry in Maldives to international markets.