The state-owned Development Bank of the Philippines (DBP) has taken over Al-Amanah Islamic Investment Bank following final approval from monetary authorities last week. After complying with ...

Al Amanah Islamic Investment Bank of the Philippines, the country’s only Islamic-oriented financial institution, is facing several challenges in its bid to grow as a financial institution.

The Philippines’ state-owned Al-Amanah Islamic Bank may sell the nation’s first Shariah-compliant bonds to finance development in Muslim Mindanao, the poorest region and base of Abu Sayyaf ...

The government is preparing to divest itself of the Al Amanah Islamic Investment Bank of the Philippines, a subsidiary of the state-owned Development Bank of the Philippines, possibly bringing in ...

Since 1974, Makati-based Al Amanah Islamic Investment Bank has been the only lender in the country offering financial products that obey religious principles such as a ban on interest and gambling.

THE government is preparing to divest itself of the Al Amanah Islamic Investment Bank of the Philippines, a subsidiary of the state-owned Development Bank. July 10, 2022. News. Global Nation.