BML Islamic Becomes Platinum Partner for 2025 International Zakat Conference

BML Islamic has been appointed as the Platinum Partner for the International Zakat Conference 2025, scheduled to be held on the 23rd of this month under the theme “Zakat for Social Justice and Digital Inclusion: Advancing Social Welfare through Innovation.”

The annual conference will serve as a platform to promote a sustainable zakat system in the Maldives, bringing together local and international scholars, zakat practitioners, policymakers, and community leaders. The aim is to identify strategies to strengthen zakat administration and enhance its role as a key driver of social wellbeing, economic stability, and poverty alleviation in the country.

As the largest Islamic bank in the Maldives, BML Islamic offers a full range of Shariah-compliant banking services, including accounts, cards, and financing products. Over the years, the bank has introduced innovative financial solutions such as Islamic overdraft financing, cash financing, hybrid home financing, Islamic debit cards, and remains the only bank in the country to issue Islamic credit cards.

This year’s conference coincides with the 10th anniversary of BML Islamic, marking a decade of its contribution to Islamic banking and financial inclusion. In celebration, the bank has launched a special promotion offering 10 customers the opportunity to perform Hajj. The promotion is open to both existing and new customers, including those who hold financing facilities, receive salary deposits through the bank, maintain a general investment account, or use an Islamic credit card.

Organisers of the International Zakat Conference said the event will focus on the role of digital innovation in zakat collection, management, and distribution, exploring ways to ensure transparency, accessibility, and efficiency in reaching those most in need.

The conference is expected to set the stage for policy discussions and practical measures that could modernise zakat administration in the Maldives, reinforcing its role as a tool for social justice and economic empowerment.