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BML Islamic

Wadi’ah Expatriate Account

Wadi’ah Expatriate Account

BML Islamic Wadi’ah Expatriate Account is fully Shariah-Compliant and is based on the Islamic principle of Wadi’ah Yad al-Dhamanah (guaranteed safe custody). For expatriate customers our Current Account is the ideal choice.

Key features


Applicable charges

DescriptionMVR AccountsUSD Accounts

Minimum deposit

MVR 200USD 50
Maintenance feeMVR 75 per monthUSD 5 per month

How to apply?

If you are a new customer, residing in the below listed area, take a token through QueueBee to visit the relevant Branch.

Or you can visit the nearest branch if you’re in any other Island without a prior appointment or token.

Our branches are open from 8:30am to 2:00pm, Sundays to Thursdays (except public holidays).

If you're registered for BML Internet Banking, log-in and open an additional account via the “Services” tab.

Useful downloads

Sample Employment Letter For Expatriate Account Opening English
Checklist for account opening / Information Form - Personal English
BML Islamic Personal Account Opening Form English / Dhivehi