- Huge potential for Maldives
- 'Maldives' brand globally popular
- Mega projects on the rise
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Maldives is currently one of the best countries to establish as an Islamic finance hub, experts in the field of Islamic finance said Monday noting the ideal opportunities available in the archipelago.
Speaking at the 'Fin Talk' held at Hotel Jen by the Maldives Islamic Finance Center (MIFC), the Secretary General of the Islamic Finance Service Board, Professor Datuk Rifaat Ahmed Abdul Kareem, said Maldives was the most suitable country for such an endeavour.
"Maldives is easy to travel to from any country, and visas are available easily. The most important thing however, is the branding. Everyone knows 'Maldives'! There are many who would like to visit or or live in the Maldives," Rifaat said.
He said the ongoing mega development projects in the Maldives was also a major factor making the island nation more appealing to the sector.
"The international Islamic Finance sector is worth over two trillion dollars. So that is an opportunity," Rifaat said.
Members of the Maldivian finance sector are taking part in the sit-down which kicked-off on Monday. The aim of these meetings is discovering the opportunities in obtaining finance.