FX Crackdown: Maldives Homeland Security says expats are running corner stores as illegal USD exchangers, with 12 suspects investigated and nine detained, after tips via a hotline and cases of dollars allegedly smuggled out. Bunkering Revenue: Economic Minister Mohamed Saeed reports the new bunkering service has generated USD 80m so far, with plans for a specialised large-scale port at Ihavandhippolhu and expanded maritime services. Dollar Rate Pressure: Saeed says the parallel-market USD rate has fallen below the level seen when Muizzu took office, calling it “major economic progress” and crediting USD revenue generators. Banking Shift to Shariah: Bank of Maldives moves all new personal accounts and personal financing applications to Islamic banking principles under “Islamic Finance First,” with transition options for existing customers. Islamic Infrastructure Funding: Muizzu launches construction of the Sultan Mohamed Bin Abdullah Grand Mosque and Islamic Civilization Center in Hulhumalé Phase II, financed by Saudi Al Rajhi Company, targeting capacity for 10,000 worshippers. Domestic Connectivity: Maldivian starts daily scheduled flights to Kudahuvadhoo from 17 September, with a promotional one-way fare of MVR 1,111. Tourism & Hospitality Deals: Assets Group and Azimut Yachts partner to launch an 18-yacht luxury fleet in the Maldives, while MIB’s Guesthouse Awards 2026 applications close tonight. Regional Diplomacy: Malaysia PM Anwar Ibrahim’s Maldives state visit is set to focus on trade, investment, digital cooperation, tourism and Islamic affairs, with MoUs expected on defence and Islamic cooperation.