Maldives Islamic Bank Signs MoU with NIBAF Pakistan to Strengthen Professional Development

Maldives Islamic Bank (MIB) has entered into a strategic partnership with the National Institute of Banking and Finance (NIBAF) Pakistan through the signing of a Memorandum of Understanding (MoU) aimed at enhancing the professional development and capacity-building of MIB staff.

The MoU sets the foundation for collaborative learning and knowledge exchange across several critical areas of banking and financial management. Key focus areas under this partnership include:

• Credit Risk Management & Analysis

• Enterprise Risk Management (ERM)

• Islamic Banking & Islamic Treasury

• Cyber Security & Digital Resilience

• Marketing & Customer Relationship Management

• FinTech, Digital Currencies & Sustainable Finance (ESG)

The agreement was formally signed by Ms. Lubna Farooq Malik, Chief Executive Officer of NIBAF Pakistan, and Mr. Ahmed Riza, Deputy Chief Executive Officer of Maldives Islamic Bank.

The MoU signing took place at the NIBAF Pakistan Karachi Campus.

This collaboration marks an important step in MIB’s continuous investment in staff development, empowering its workforce with enhanced skills and capabilities aligned with global banking best practices. The partnership with NIBAF Pakistan is expected to contribute significantly to MIB’s ongoing efforts to strengthen operational excellence, risk management, and digital readiness across the organization.