Maldives Islamic Bank (MIB) digital banking review
Updated October 13, 2026 · DebitCue Editorial Team
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Our verdict
For Maldives residents who want Islamic everyday banking, Maldives Islamic Bank offers full suite Islamic deposit and financing products for individuals and businesses. It covers personal and business needs in Maldives with digital account opening and transfers to supported accounts and wallets abroad.
Key facts
- Best for
- Islamic everyday banking in Maldives
- Card type
- Debit (Source, checked September 26, 2026)
- Card network
- Visa (Source, checked September 26, 2026)
- Currencies
- 2 (Source, checked September 26, 2026)
- Headquarters
- Maldives (Source, checked September 26, 2026)
- Founded
- 2007 (Source, checked September 26, 2026)
- Features
- Multi-currency, Travel
- Official website
- mib.com.mv
Apps and profiles
- Get the app
- App StoreGoogle Play
Pros and cons
Pros
- Operates as a full suite Islamic bank for individuals and businesses.
- Offers fully digital business account opening for remote convenience.
- Provides a compact contactless device that attaches to phones or wallets.
- Supports transfers to bank accounts and wallets across multiple destinations.
Cons
- Serves only the Maldives' market with an Islamic banking range.
- Focuses on Islamic structures rather than conventional banking models.
Who it suits
- Maldives residents who want Islamic daily banking
- Business owners who want remote account opening
Who should look elsewhere
- Seekers of conventional non Islamic current accounts
How Maldives Islamic Bank (MIB) digital banking compares
Where Maldives Islamic Bank (MIB) digital banking is available
- Available
- Maldives
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does Maldives Islamic Bank offer?+
Maldives Islamic Bank provides a full suite of Islamic deposit and financing products. It serves individuals and businesses in Maldives through everyday and business banking options. You can manage accounts through digital channels with contactless tools for daily use.
Where does Maldives Islamic Bank operate?+
The bank operates in Maldives and serves personal and business customers there. It also supports transfers to bank accounts and wallets across multiple international destinations. You can send funds abroad through a cross border corridor between India and Maldives.
Who is this banking service designed for?+
This service is designed for people who want Islamic daily banking in Maldives. It is designed for business owners who prefer remote digital account opening. It helps people who send funds to supported accounts and wallets abroad.
Which business products does the bank provide?+
The bank offers business accounts that can be opened through fully digital opening. It supports business banking for expansion and working capital needs with financing for materials and equipment. You can manage business activity with contactless tools and transfers to supported accounts.
Where is Maldives Islamic Bank (MIB) digital banking based?+
Maldives Islamic Bank (MIB) digital banking is based in Maldives. (Source, checked September 26, 2026)
When was Maldives Islamic Bank (MIB) digital banking founded?+
Maldives Islamic Bank (MIB) digital banking was founded in 2007. (Source, checked September 26, 2026)
Sources
- linkedin.com/company/mibmv checked September 26, 2026
Backs: Founded
“Maldives Islamic Bank founded in 2007”
- mib.com.mv checked September 26, 2026
Backs: Headquarters
“Maldives Islamic Bank PLC based in Male, Maldives”
- mib.com.mv/e-banking/debit-card checked September 26, 2026
Backs: Card type, Currencies, Features, Card network
“VISA Everyday Card, VISA Platinum Card, VISA Business Card - debit card options”
Compiled from 3 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.