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Shari ah oversight on Islamic banking helped by SSB–BSP

The Bangko Sentral ng Pilipinas (BSP) has emphasized that the Shari’ah Supervisory Board (SSB), the members of which recently convened for the first time, would strengthen Shari’ah oversight on Islamic banking. “The SSB is a convergence of expertise in Islamic jurisprudence and contemporary finance,” BSP Governor Eli M. Remolona Jr.…

PH rises as investment site for Islamic banks

PH rises as investment site for Islamic banks
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Promoting Islamic banking and finance • Joseph Araneta Gamboa

THE Bangko Sentral ng Pilipinas (BSP) is at the forefront of fostering awareness about Islamic banking and finance in the entire country. Since the 2018 enactment of Republic Act (RA) 11439, otherwise known as the Islamic Banking Act of the Philippines, the BSP has been actively promoting a sustainable Islamic finance ecosystem throughout the archipelago.

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