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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.… ....

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Islamic financiers back new bill on lending

The Islamic Capital Markets is excepted to hit Sh879.4 trillion by 2026 based in its growth potential. ....

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BARMM Darul Ifta's Grand Mufti Sheik Abuhuraira Udasan's legacies

THE people of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) deeply mourned the passing of Grand Mufti Sheik Abuhuraira Udasan of the Regional Darul Ifta (Islamic Advisory Council) on Monday, July 3, 2023. The Grand Mufti was the head of all muftis (a mufti is an Islamic jurist qualified to issue a non-binding opinion or a fatwa on a point of Islamic law ) or jurisconsults in the region. The Philippine and BARMM flags were flown at half-mast, which signified mourning for a highly esteemed person in our country. ....

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Moon not sighted: Eid'l Fitr will be on April 22

Teams from the Darul-Ifta' had been deployed to various locations in Maguindanao del Norte, Cotabato City, Tawi-Tawi, Sulu, Basilan, and Iligan City to observe the moon ....

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BARMM to field moon-sighting teams to determine Ramadan's end

President Ferdinand Marcos Jr. declares April 21 as a non-working holiday in observance of Eid'l-Fitr, but the exact date will still depend on the moon sighting on April 20 ....

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