Wadia'h Business Account

The Shariah-Compliant current account facility for your business!

BML Islamic Wadi’ah Business Account provides the ideal Shariah-Compliant solution for your daily banking needs. This is a current account facility combined with a host of added services such as instant and secure Internet Banking and professional support for more advanced Islamic banking related advisory services.

As an add-on, our Internet Banking allows you to manage your finances anywhere, anytime.

Key features

• Shariah-compliant trade finance solutions
• Available in MVR, USD and EUR currencies 
• Manage your account anywhere, anytime with Internet Banking

A wide range of banking facilities

• Cheque Book Facility
• Payroll Payments
• Standing Instructions Services
• Remittance and International services
• Utility Bill Payments
• Demand Draft
• Advisory Services
• Foreign Currency Exchange
• Pay Orders

Access your money anywhere anytime with the most ideal Shariah compliant current account facility for businesses. Whether it’s making payroll payments or getting advisory service, we have a team ready to help.

Opening an account

• If you are in Male', you can make an appointment to apply for Business Account opening through our Booking Portal. Once an appointment is successfully made, you will receive an SMS with your appointment date and time to visit the Bank.
• If the appointment slots for the day are full, please try again for the next working day. Appointments can be made from 8am on the day before each working day.
• If you are outside of Male’ please submit the Application Form along with required documents to the nearest Branch.
• Do ensure that the Account Opening Form along with all supporting documents listed in our Checklist are submitted for all new account opening.
• Please allow up to 5 working days for your account to be opened. Once the account has been activated, you will receive an SMS to your phone with your account number.