MIB’s Bingaa marks major success in two years

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The Maldives Islamic Bank (MIB) has reported major success for its “Bingaa” service for children, two years after its launch.  The “Bingaa” account was introduced with the aim of improving financial literacy among children and helping them develop responsible money-management habits from an early age. Designed in accordance with Sharia principles, MIB says the account has contributed to an economic and social