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+ Follow Islamic bank Tag
Islamic bank
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1946415
                    [Title] => DOF, Bangsamoro to set up Islamic bank
                    [Summary] => The Department of Finance (DOF) and the Bangsamoro government have agreed to set up an Islamic Bank to provide financial access to micro, small and medium enterprises (MSMEs) within the new autonomous region.
                    [DatePublished] => 2019-08-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 1548640
                    [Title] => Sun Life develops new Malaysian bancassurance tool
                    [Summary] => 

CIMB Islamic Bank has rolled out the latest addition to its stable of financial solutions, Takaful Suria. Developed exclusively by its bancatakaful partner, Sun Life Malaysia Takaful Berhad, Takaful Suria provides protection, savings and financial flexibility to assist Muslims in fulfilling their religious aspirations and obligations.

[DatePublished] => 2016-02-02 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 444938 [Title] => Fashion for peace [Summary] =>

MANILA, Philippines - The Asian Institute of Management (AIM) recently held its cultural night with a fashion show dubbed, “Moro Fashionistas, Celebrating Moro and Mindanao Life.”

[DatePublished] => 2009-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Fashion and Beauty [SectionUrl] => fashion-and-beauty [URL] => ) [3] => Array ( [ArticleID] => 212053 [Title] => Was there a ‘fire’ or not at UCPB? [Summary] => At the Bangko Sentral ng Pilipinas (BSP), the most dreaded telephone call that any governor could ever receive is the one that says, simply: "Sir, may sunog ako (I have a fire)." [DatePublished] => 2003-07-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 201203 [Title] => UCPB has weakest capital base among commercial banks [Summary] => The United Coconut Planters Bank (UCPB) emerged with the weakest capital base in the entire commercial banking industry, as its capital ratio continued to decline in 2002.

Data from the Bangko Sentral ng Pilipinas (BSP) showed that UCPB’s total equity as a percentage of its total assets declined to 2.89 percent as of its Dec. 17, 2002 statement of financial condition.

The capital ratio is an indication of a bank’s capital base and whether it is enough to absorb large-scale loan defaults and radical declines in its asset price.
[DatePublished] => 2003-04-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 96623 [Title] => Malaysian firm is sole bidder for Islamic Bank, offers P459 million [Summary] => Interglobal Consulting Ltd. (ICL), a Malaysian firm, emerged as the lone bidder for the government’s stake in Al-Amanah Islamic Investment Bank of the Philippines (Islamic Bank) following its formal offering yesterday at the Makati Shangri-La Hotel in Makati City.

ICL submitted a bid of P5 million, or P100 per share, for the 50,000 common "A" shares held by the Privatization and Management Office (PMO) and P454 million for the 4,542,879 unissued common "A" shares.
[DatePublished] => 2001-04-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96584 [Title] => PMO named disposition entity for Islamic Bank [Summary] => The Privatization and Management Office (PMO), which took over the functions of the Asset Privatization Trust (APT), has been designated as the disposition entity for the Al-Amanah Islamic Bank of the Philippines or Islamic Bank.

The Islamic Bank, which was created by law in 1990, is the only Philippine bank which is authorized to perform banking, financing and investment operations, and to establish and participate in agricultural, commercial and industrial ventures based on the Islamic concept of banking.
[DatePublished] => 2001-04-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 100267 [Title] => Al Amanah Islamic Bank undertakes rights offering [Summary] =>

Al Amanah Islamic Investment Bank of the Philippines (Islamic Bank) is undertaking its pre-emptive rights offering at P120 per share.

After the rights offering, which started from March 1 and will end March 29, the bank will proceed with the public offering of the shares that have not been subscribed by its existing shareholders.

The Asset Privatization Trust (APT), the bank's designated disposition entity, has a 0.45-percent stake in the bank.

All the government financial institutions (GFIs) that have shares in the bank, except the APT, have indicated keen interest in ma [DatePublished] => 2000-03-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 100254 [Title] => Gov't to raise Al Amanah Bank capital to P1 B [Summary] =>

The National Government will offer some P950-million worth of shares of Al Amanah Islamic Investment Bank of the Philippines (Islamic Bank) by April this year to pave the way for the bank's privatization.

Asset Privatization Trust chief executive trustee Renato Valdecantos told The STAR that there is a need to issue new shares of the bank to enable it to raise its authorized capital stock to P1 billion.

He said of the authorized capital stock of P1 billion, about P50 million was subscribed and paid up.

According to Valdecantos, the offering of the shares to investo [DatePublished] => 2000-03-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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