IslamicFinance.de

In the #Philippines Golden Haven Memorial Park and Cemex Philippines are now among the Shariah-compliant securities listed locally. Golden Haven and Cemex were among the 56 listed securities that made it to the Shariah list. Chief Operating Officer of the Philippine Stock Exchange (PSE), Roel A. Refran, said the PSE continues to provide a list of Shariah-compliant securities to cater to the needs of Islamic investors. He noted that by highlighting listed firms that adhere to the standards of Shariah law, PSE hopes to open investment opportunities in the country to Islamic funds.