Govt partners HDFC to launch new housing finance scheme
1 day ago
Maldives government signs with Housing Development Finance Corporation (HDFC) to launch 'Hiyaavehi Finance Scheme'.
From the government's side, the agreement was signed by Minister of Housing, Land and Urban Development Dr. Ali Haidar while from HDFC, its newly appointed Managing Director Ahmed Zeenad signed.
The 'Hiyaavehi Finance Scheme', according to the ministry, will comply to Islamic principles of financing with a 5%