Maldives Islamic Bank introduces MVR 250K credit facility

The Maldives Islamic Bank has introduced a MVR 250,000 credit facility for their customers. 
The ‘Ujaalaa Dhiriulhun’ programme was introduced this week, and allow customers between the ages of 25 and 30 to borrow sums from MVR 25,000 to MVR 250,000. 
A security is not required, and borrowers have until three years to return the amount. 
The credit facility can also be used to purchase electronics and furniture, and buyers can acquire a quotation and apply. 
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