IUM Holdings Pvt Ltd is a private company established by virtue of section 7 (b) (4) of Islamic University Act (11/2015) on 28th September 2017. The shareholders of the company are the Islamic University of Maldives (99%) and the Student Union of Islamic University of Maldives (1%).

The objective of IUM Holdings is to engage in profitable business activities to generate additional income for supporting its shareholder’s educational endeavours. The company is governed by a Board of Directors appointed by the Majlis of the Islamic University of Maldives, including an executive Managing Director, who is hired on a competitive basis.