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BSP moves to build Islamic finance market

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BSP moves to build Islamic finance market

Philippine Daily InquirerPhilippines · ASIA

MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is easing some regulatory requirements and offering temporary incentives to help build a market for Islamic financial instruments, as it see...

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MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) is easing some regulatory requirements and offering temporary incentives to help build a market for Islamic financial instruments, as it seeks to expand Shari’ah-compliant banking in the country. The central bank is seeking comments from supervised financial institutions on a draft circular that will establish rules […]...

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