The Adhaalath Party has called for priority to be given to international real estate projects in the Maldives that comply with the principles of Islamic Sharia.
The Adhaalath Party's call comes after the government submitted the “Real Estate Business Bill” to the People's Majlis to establish a dedicated law governing the sector.
In a statement, the Adhaalath Party said the establishment of designated areas in the Maldives where foreigners live for extended periods would have adverse effects on the country's religious unity, public interest, Maldivian culture and national security.
The party therefore appealed to the government to focus real estate projects on developing “holiday homes” for foreigners to stay in temporarily during their holidays, rather than developing areas for permanent or long-term foreign residence.
The Adhaalath Party has previously expressed concerns and sought clarification about the major project planned for Rasmalé, which is to be entrusted to Eagle Hills of the United Arab Emirates (UAE). In October, party president Mohamed Shifan and its senior leadership met Minister of Housing, Land and Urban Development Dr Abdulla Muththalib.
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