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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.…

Islamic financiers back new bill on lending

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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