Salaries and Allowances
Staff
| Designation | Basic Salary (Per Month) | Special Allowance (Per Month) | Fixed Allowance (Per Month) |
|---|---|---|---|
| Deputy Chief Executive Officer | 21000 | - | 11000 |
| Legal Counsel | 20000 | - | 10000 |
| Director General (Gr 4) | 19500 | - | 9000 |
| Director General (Gr 4) | 19500 | 443 | 9000 |
| Director General (Gr 3) | 19000 | - | 9000 |
| Director General (Gr 3) | 19000 | - | 9000 |
| Director General (Gr 1) | 18000 | - | 9000 |
| Manager / Internal Auditor (Gr 4) | 14000 | - | 7500 |
| Senior Manager (Gr3) | 16000 | - | 8500 |
| Senior Manager (Gr 2) | 15500 | - | 8500 |
| Manager (Gr 4) | 14000 | - | 7500 |
| Manager (Gr 1) | 12500 | - | 7500 |
| Manager (Gr 1) | 12500 | - | 7500 |
| Manager (Gr 1) | 12500 | - | 7500 |
| Deputy Manager (Gr4) | 12000 | - | 7000 |
| Deputy Manager (Gr 1) | 10500 | - | 7000 |
| Assistant Manager (Gr 4) | 10000 | - | 6000 |
| Assistant Manager (Gr 4) | 10000 | - | 6000 |
| Assistant Manager (Gr 1) | 8500 | - | 6000 |
| Assistant Manager (Gr 1) | 8500 | - | 6000 |
| Senior Officer (Gr 3) | 7500 | - | 5000 |
| Senior Officer (Gr2) | 7000 | - | 5000 |
| Support Staff (Gr 4) | 4400 | - | 2500 |
| Support Staff (Gr 2) | 3800 | - | 2500 |
Other Allowances:
- Attendance Allowance - MVR 100 per day is given only for attended days; will not be paid for days on salaam and leave
- Phone Allowance - MVR 500 for department heads and MVR 250 for Office opening / closing staff (per month)
- Ferry / Bus Allowance - MVR 6.50 per day for staff living in Villigilli & MVR 20 per day for staff living in Hulhumale (will be given for attended days only)
Board Members
| Designation | Board Allowance (Per Month) |
|---|---|
| Chairperson | 10000 |
| Board Member / Ministry of Finance and Treasury Representative | 10000 |
| Board Member / Registrar of Companies | 10000 |
| Board Member / MMA Representative | 10000 |
| Board Member / Private Sector Representative | 10000 |
| Board Secretary | 5000 |
Other Allowances:
Sitting allowance of MVR 500 per meeting for Board Secretary
Capital Market Shariah Advisory Council
| Designation | Council Allowance (Sitting fee) |
|---|---|
| Chairperson | 1500 |
| Council Member | 1500 |
| Council Member | 1500 |
| Council Member | 1500 |
| Council Member | 1500 |
| Council Secretary | 500 |