ADK Hospitals Pvt. Ltd. has enlisted the expertise of First National Finance Corporation as its Lead Manager to raise finance through capital markets. Recognized as an Investment Advisor licensed by the Capital Market Development Authority (CMDA), First National brings a wealth of financial acumen to facilitate and enhance ADK Hospitals' strategic initiatives.

The Maldives, honored as the World's Leading Destination at the 2023 World Travel Awards, remains as a consistent stand- out in the global travel industry. Beyond accolades, the tourism sector in Maldives also stands as the cornerstone of the economy.

Medtech Diagnostics Pvt Ltd has announced that the company successfully distributed the first periodic payment of MVR 2 million to its sukuk holders on November 26, 2023.

The First Tranche of the Maldives Ports Limited Fixed Income Bond of 50 million Rufiyaa listed on VIYANA platform was oversubscribed with overwhelming support from the investors. The 7-year bond was opened for subscription on the 11th April 2023 and was closed on 19th June 2023.

The signing of the Memorandum of Understanding between the two parties took place today at the office of First National Finance Corporation. The MoU was signed by Mr. Hassan Ziyath, Chief Executive Officer of First National Finance Corporation, and Mr. Hareez Sulaiman, Managing Director at Amana Takaful (Maldives) PLC. The main objective of sig

Medtech Diagnostics Pvt Ltd’s debut Sukuk listed on VIYANA platform was successfully closed with MVR 20 million. The issue was strongly supported by an increasing number of investors registered on VIYANA which stands at 237. The 7-year Sukuk was opened for subscription on the 19th April 2023 and was closed on 18th May 2023. Medtech Diagnostics i

As the lead advisor First National conducted a thorough due diligence of Medtech Diagnostics, developed the Sukuk structure and the legal framework for the issuance of Sukuk. The Medtech Diagnostics Sukuk is issued under the concept of Musharakah Mutanaqisah (Diminishing Musharakah) at a profit sharing ratio of 95:5 (Investor:Managing Partner).

Tourism is the main stay of Maldivian economy contributing 70% directly and indirectly to the country’s GDP. The tourism industry is impacted by several factors. In this outlook we have examined the most important global events and factors that would affect the future of the tourism industry in Maldives. As per world bank’s latest GEP (Global Ec

It is a privilege for us to welcome Mr. Hassan Rasheed to our Money Market and Savings Fund. Mr. Hassan Rasheed has worked in the financial sector for over 25 years. He takes an interest in investing and inflation. He has been investing in shares and has built an excellent equity portfolio. First National launched the Money Market and Saving Fun

First National is grateful to Ms. Fathimath Kamaaluddeen, Deputy Chief Executive Officer of CMDA, for visiting us and exchanging valuable insights for the further development of capital markets. The visit of Ms. Fathimath Kamaaluddeen today is extra special as we are celebrating World Investor Week (WIW). WIW is a campaign initiated by the Inter