Green Finance
Green bonds, sustainability-linked instruments, and ESG-focused investment vehicles form the cornerstone of capital mobilisation for climate-aligned growth. Within the hub, issuers benefit from a streamlined regulatory process and investor confidence rooted in global standards, while asset managers can structure impact-driven portfolios with credibility and transparency. Whether financing renewable energy infrastructure, low-emission transport, or social development programs, the platform supports innovative instruments that align financial returns with long-term environmental and social progress.
Empowering transparency and accountability, ESG reporting, and research providers help businesses quantify sustainability performance, navigate disclosure standards, and meet rising investor expectations. From climate risk assessments to impact reporting and ESG data analytics, these services enable firms to align with global frameworks, enhance credibility, and drive informed capital allocation in today’s sustainability-conscious markets.
As global demand for climate-aligned finance accelerates, the hub provides an enabling environment for the development of voluntary and compliance carbon markets. From registries and credit originators to exchanges and asset managers, a wide range of actors can structure, verify, and trade carbon assets with confidence. The regulatory framework supports transparency and market integrity while accommodating innovations in emissions-linked instruments, digital MRV systems, and cross-border credit transactions—positioning the hub as a natural home for scalable climate finance infrastructure.
Rooted in centuries of ethical finance tradition, Awqaf institutions and social welfare foundations play a pivotal role in sustainable development across the Islamic world. The hub offers a supportive environment for the establishment, governance, and cross-border management of Waqf structures—enabling capital to be deployed toward education, healthcare, environmental stewardship, and community upliftment. With frameworks aligned to Shari'ah principles and modern fiduciary standards, the ecosystem empowers institutions to structure philanthropic capital efficiently while preserving long-term impact and intergenerational benefit.
Driving innovation at the intersection of finance and sustainability, research and development firms play a critical role in shaping next-generation green products, frameworks, and methodologies. The hub provides a forward-looking environment for institutions engaged in climate risk modelling, sustainable finance taxonomy development, ESG data science, and the creation of new verification and impact measurement tools. Whether enhancing transparency in carbon markets or developing benchmarks for sustainability-linked instruments, R&D players benefit from an ecosystem designed to support applied research, cross-sector collaboration, and commercially viable solutions.
Application Process
Setting up a financial services business in the hub is designed to be efficient, transparent, and supportive of innovation. From initial inquiry to operational launch, the process ensures that businesses are aligned with the hub’s commitment to sound governance, market integrity, and long-term growth. As part of this journey, all entities offering regulated financial services will be required to obtain approval from the Maldives International Financial Services Authority (MIFSA), the hub’s dedicated financial regulator. Entities that are either required or that want to have a physical presence, will find a wide range of offices in the Malay MIFC Area to choose from. The MIFC team will advise regarding office requirements on a case by case basis.
01
Make an Enquiry
Reach out to us or submit an expression of interest outlining your proposed business activities.
02
Schedule a Pre-Application Discussion
Connect with the MIFSA team to receive initial guidance and align on regulatory expectations.
03
Submit Your Application
Complete the application form and upload the required documents through our secure portal.
04
Regulatory Review
MIFSA evaluates your submission, including governance, ownership, internal systems, and compliance readiness.
05
Receive In-Principal Approval
If all requirements are met, you'll be granted conditional approval to proceed with set-up.
06
Complete Your Set-Up
Finalize office registration, onboard your team, and establish operational infrastructure.
07
Get Licensed & Go Live
Once all conditions are satisfied, receive your operational license and commence business activities.