MIB Revolutionizes Consumer Financing: 'Ujaalaa Dhiriulhun' Goes Fully Digital with 'Ujaalaa Now' Portal

In a major leap towards modernizing consumer financing, Maldives Islamic Bank (MIB) unveils the 'Ujaalaa Now' portal, a digital platform transforming all aspects of its popular consumer goods financing service, 'Ujaalaa Dhiriulhun.'
This innovative portal enables customers to effortlessly apply for goods and financing within the 'Ujaalaa Dhiriulhun' facility, streamlining the agreement process. Notably, customers can now conveniently select their preferred supplier to pick up the purchased goods.
MIB emphasizes that the online transition aims to make 'Ujaalaa Dhiriulhun' accessible to residents across the Maldives, ensuring a seamless and efficient experience. The entire service, including account opening, has been digitized through MIB's 'Apply Now' portal.
The 'Ujaalaa Dhiriulhun' facility, known for its popularity, offers customers a higher credit limit relative to their salary or rent, enabling the purchase of valuable items like motorcycles, building equipment, and furniture.
As part of its commitment to digital transformation, MIB introduces 'Ujaalaa Cash,' a feature allowing customers to withdraw money for essential needs. This strategic move aligns with MIB's mission to enhance financial services, making them easily accessible to individuals across the country.