Maldives President Dr. Mohamed Muizzu made the decision after a recommendation from the Cabinet, a statement from his office said.
"The Cabinet decision includes amending necessary laws to prevent Israeli passport holders from entering the Maldives and establishing a Cabinet subcommittee to oversee these efforts," the statement added.
A total of 528 Israel nationals have visited the Maldives in the first four months of this year, dropping from 4,644 during the same period in 2023, according to Maldives government data.
The ban would be enforced as soon as possible, Interior Minister Ali Ihusaan told journalists.
"Additionally, in the case of Palestine and Israel, the President decided to appoint a special envoy to assess Palestinian needs," the statement continued.
"The President further decided to set up a fundraising campaign to assist our brothers and sisters in Palestine with the help of the United Nations Relief and Works Agency for Palestine Refugees in the Near East."
Israel's foreign ministry on Sunday recommended that Israeli citizens not travel to the Maldives after its government banned the entry of visitors with Israeli passports.
The recommendation, the Israeli ministry said, includes Israelis with dual citizenship.
"For Israeli citizens already in the country, it is recommended to consider leaving, because if they find themselves in distress for any reason, it will be difficult for us to assist," the ministry said in a statement.
