DON GIL K. CARREON
RP to miss Islamic finance boom in Asia this year
Thu, 2010-02-18 18:45 — newsdeskIslamic finance growth will stay strong this year, as Southeast Asia drives demand for financial products that comply with Islamic or Sharia law, debt watcher Standard & Poor's said.
But the Philippines is unlikely to benefit from this since Islamic banking remains an uncharted territory here, an official of the country's lone Islamic bank said on Monday.
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