IslamicFinance.de

Al Amanah Islamic Investment Bank of the Philippines (Amanah Islamic Bank) is the co-financer of an P80-million term loan for the General Santos City Water District.
The project is going to provide potable and affordable water supply in the progressive city. DBP is the majority stakeholder of Amanah Islamic Bank.

In order to extend Philippines, the only bank from this country has been placed on the auction block.
As part of its five-year rehabilitation program, interested parties will be given a 49 percent stake Al Amanah Islamic and Investment Bank of the Philippines (Amanah Islamic Bank).
The sale will help Islamic banking to enter expertise and technology.

The government is keen on improving the lives of Filipino Muslims and efforts on this are expected to have more meaningful results as the government starts talks with the Islamic Development Bank (IsDB).

Amanah Islamic Investment Bank of the Philippines has announced the designation of Enrique D. Bautista, Jr. as its new Chairman and Chief Executive Officer. He is replacing Armando O. Samia who has rejoined the marketing group of state-owned Development Bank of the Philippines (DBP).
Joining Bautista in the board of Amanah Islamic Bank are Jose A. Nuñez, Jr. as vice chairman, and Francisco F. Del Rosario, Jr., Jose Luis Vera, Armando Samia, Samira Gutoc, Nabil Tan, Ibrahim Mamao, and Abdul Hadjisalam as directors.