News

Al-Amanah Islamic Bank of the Philippines is still on the selling block as majority shareholder Development Bank of the Philippines (DBP) awaits regulatory approval to unload in the lender.
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 Bangko Sentral ng Pilipinas (BSP) has approved the takeover of Al Amanah Islamic Investment Bank by the Development Bank of the Philippines (DBP) pending the submission of regulatory ...
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.
MANILA, Philippines - The saga of government attempts to privatize Al-Amanah Islamic Investment Bank of the Philippines has taken a new twist, with a legal battle now brewing between the bank’s old ...