Latest Breaking News On - Uot he added asked for issues or concerns raised by financial institutions regarding the setting up of islamic banks - Page 1 : comparemela.com
INVESTMENT. Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno says Thursday (April 7, 2022) they have teamed up with several agencies to encourage investment in Islamic banking. Several inquiries regarding the setting up of an Islamic bank or Islamic banking units have been received but BSP has not received any formal application, he added. (Photo from PNA file) MANILA - The Bangko Sentral ng Pilipinas (BSP) is now working with the Bangsamoro government, along with several government agencies, as part of the whole-of-government approach to encourage investment in Islamic banking. In a virtual briefing on Thursday, BSP Governor Benjamin Diokno said monetary authorities have established a comprehensive set of regulations to promote wider investor and consumer participation on Islamic banking. This, following the signing into law of several measures in recent years, such as the Organic law for the Bangsamoro Autonomous Region in Muslim Mindanao, the Act Amending the BSP Charter,