Vice President Abdulla Jihad has stated that the administration seeks to incorporate equity and inclusiveness in the course of development. The Vice President stated this while addressing the 3rd Islamic Banking and Finance Industry Conference at Bandos Island Resort this morning.
In his speech Vice President Jihad emphasized that President Abdullah Yameen Abdul Gayoom recognizes the importance of Islamic economics for financing the development efforts of the nation. He further stated that the purpose of Maldives Center for Islamic Finance Ltd is to achieve the important objective of developing Islamic finance and the halal industry in the country and to establish Maldives as a hub for Islamic finance in the South East.
Additionally, the Vice President highlighted that halal tourism is now an established concept in global tourism and that the Administration recognizes the importance of tapping into this lucrative market segment in order to maintain the stronghold Maldives has in the global tourism industry.
