At the inauguration of a Maldives Islamic Bank ATM in Thulhaadhoo, Finance and Public Enterprises Minister Hassan Zareer highlighted that the facility will give residents access to essential banking services without traveling to another island. The ATM is expected to benefit the island’s artisans, fishermen and local businesses. Zareer linked wider banking access to the local economy, noting Thulhaadhoo’s reliance on traditional lacquer craftsmanship and fisheries. He described the preservation of traditional crafts as an economic policy priority because their survival depends on providing families with a sustainable source of income.
2026-08-27Ministry of Finance (Maldives)
Maldives Ministry of Finance and Public Enterprises highlights new Islamic bank ATM expanding access in Thulhaadhoo
Maldives Finance and Public Enterprises Minister Hassan Zareer highlighted that a new Maldives Islamic Bank ATM in Thulhaadhoo will allow residents to access essential banking services without traveling to another island. The facility is expected to support the island’s artisans, fishermen and local businesses.