Maldives Financial Crisis

What Is Sukuk? As India Steps In With Financial Lifeline To Maldives

As the Maldives grapples with a looming debt default, India has extended a helping hand by rolling over $100 million in treasury bills and signing a $400 million currency swap agreement. The assistance followed a meeting between Maldivian President Mohamed Muizzu and Indian Prime Minister Narendra Modi in New Delhi....