Rules & rates
Bank of Maldives is now Islamic first: how Diminishing Musharakah home financing works
Since 13 September 2026 every new personal financing at Bank of Maldives is processed on Islamic principles. Its home financing uses Diminishing Musharakah: you and the bank co-own the home, you pay rent on its share and buy it out. What changes for a buyer, and what does not.