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BML to issue dollar sukuk to international market for the first time
Bank of Maldives (BML) is preparing to enter the international financial markets for the first time, currently holding discussions with investors across Asia and Europe. This strategic move aims to secure the foreign currency required by Maldivian businesses amidst global market shifts and to ensure national economic stability. As the country’s leading financial institution, BML’s initiative represents a significant step toward addressing current liquidity challenges and strengthening the domestic banking system. [...]