The Maldives Capital Market Development Authority (CDMA) has signed a memorandum of understanding with the Ministry for Islamic Affairs to further develop an Islamic capital market in the country.
Among the most prominent details of the agreement was a joint commitment to establish the ‘Maldives Centre for Islamic Capital Market and Finance’. “This is going to help in promoting the various services available in Islamic financial services under one organisation,” the CDMA said in a statement………………………………………..Full Article: Source