My Google Page Rank

Gov’t eyes tie-up with Islamic Development Bank for Filipino Muslims

PDFPrintE-mail

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).

Finance Secretary Cesar Purisima said a representative from the IsDB was present during the government and World Bank-initiated Philippine Development Forum (PDF) in Pasay City Saturday.

He said the country is not a member of IsDB, thus, “I am pleased to see a representative.”

“He told me that they have a program for non-member countries and they’re coming bank in April to meet with me to talk about what we can do together,” he said in a briefing after the one-day forum.

Purisima said one of the program they are looking at this partnership is the institution of microfinance programs in Mindanao.

“That is something we can use in Muslim Mindanao that’s why I support it. That area really needs help in terms of financing support,” he said.

The Finance chief said they can also tap the IsDB on how the government can effectively operationalize the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP).

AAIIBP is the only Islamic bank in the country that has total assets of P525.43 million, deposit liabilities of P293.75 million and net worth of P231.68 million.

It currently has 74 employees, 55 percent of whom are Muslims while the remaining 55 percent are non-practicing Muslims.

It is under full control of the Development Bank of the Philippines (DBP), which bought it in 2008.

“We have not discussed anything in detail except that I am expressing my pleasure of seeing them in the conference,” Purisima added.

By Joann Villanueva -PNA




Related news items:
Newer news items:
Older news items:

Add comment


Security code
Refresh

D’PHOENIX… EG BOY

17 Aug 2017 Hits:50 Be the first to comment!

Este si Euroe gene Sosas Soriano, su palayao “EG Boy”, 28 años de edad 5’8” el altor , casao cun Al Jean B. Soriano , diila anak si Bayle B. Soriano y residente de Pasay Drive, San Roque Ciudad de Zamboanga . Su mayores si Fernando C. Soriano y Ofelia M. Sosas y su hermana si Lea S. Soriano . Ya gradua elementaria na Claret School , secondaria y colegio na Western Mindanao State University na curso Bachelor of Science in Management . Este su istoria … Ya huga yo basketball antes cuando bata pa iyo na ICAS Tetuan , edad mio 13 años 3 on 3 el juego diamun junto maga amigos . Si Michael Jordan mi Idol poreso quire gayod [...] Read more

Prev Next Page:

TEAKWONDO SUPER KIDS… ANGEL.. TOH DON.. FARIS.. GANDHI

15 Aug 2017 Hits:69 Be the first to comment!

Este istoria aserca con el maga anak di Don Mustafa Arbison Loong y Titina Anni Faraown Loong, residente de Km 4, Pasonanca road, Ciudad de Zamboanga . Este el cuento di [...] Read more


TAEKWONDO FANTASTIC SISTERS... ELIZA Y CHINA

13 Aug 2017 Hits:89 Be the first to comment!

Este el dos man hermana si Elizabeth Talisha B. Chan , su palayao “Eliza” , 16 años de edad y Nathalie B. Chan , su palayao “China”, 14 años de [...] Read more


City fetes outgoing police commanders

12 Aug 2017 Hits:109 Be the first to comment!

As a show of gratitude for all their hardwork and sacrifices, the seven (7) outgoing police station commanders were recognized by Mayor Beng Climaco in fitting ceremonies Friday noon that [...] Read more


TAEKWONDO SUPER KID... AARON

12 Aug 2017 Hits:91 Be the first to comment!

Este si Aaron Josh Niu Dee , ta lama conele Aaron, 9 años de edad, 121 cm el altor y un grade 4 estudiante de Ateneo de Zamboanga University . [...] Read more


TAEKWONDO SUPREME KID... MIGGY

12 Aug 2017 Hits:82 Be the first to comment!

Este si Paolo Miguel Tianzon Pagteilan , ta lama conele na palayao “Miggy”, 10 años de edad, 4’11” el altor y un grade 5 estudiante de Ateneo de Zamboanga University [...] Read more


ZCPPO No. 2 Mid-Year Assessment: Exceeding Targets

12 Aug 2017 Hits:96 Be the first to comment!

The Parole and Probation Administration is mandated by law not only to investigate potential convicted offenders who would likely respond positively to community-based corrections but also to supervise their much [...] Read more


Metro Rotarians on the move

11 Aug 2017 Hits:137 Be the first to comment!

Members of the Rotary Club of Metro Zamboanga organized a blood letting activity together with the Sharaffa Ysabelle Foundation at the Red Cross Blood Center in Petit Barracks on August [...] Read more


BILLIARD CUE STAR... CHEZKA

11 Aug 2017 Hits:96 Be the first to comment!

Este si Chezka Luy Centeno , ta lama conele na palayao “Joe”, 18 años de edad , 5’3” el altor, y residente de Veterans Avenue Extension, Tetuan, Ciudad de Zamboanga [...] Read more


TAEKWONDO POWER KICK... BRANDON

09 Aug 2017 Hits:98 Be the first to comment!

Este si Brandon  Dizon  Recinto , 17 años de edad , 161 cm el altor, anak di Borman Luna Recinto y Evangeline Dizon Recinto y residente de Luistro drive , [...] Read more


TAEKWONDO WONDER WOMAN... TINA

07 Aug 2017 Hits:113 Be the first to comment!

Este el istoria de un familia nana y anak athleta de Taekwondo Este si Titina A. Faraown Loong, Ta lama conele na palayao “Tina”, 42 años de edad, 150 cm el [...] Read more


STREET RACE KING... RUBEN

06 Aug 2017 Hits:115 Be the first to comment!

Este si Ruben Juaton Arquiza, 56 años de edad , 5’6” el altor , casao cun Ma. Soledad , tiene sila 5 anak y ta esta na Morning Breeze ,Talon [...] Read more


INTREPRENEUR RIDER…. CHOY

05 Aug 2017 Hits:121 Be the first to comment!

Este si Nelson Fernandez , conosido na palayao “Choy”, 52 años de edad, 5’4” el altor , casao cun Shirley Fernandez , tiene sila 3 anak y residente de Aurora [...] Read more


TAEKWONDO LADY STRIKER… GENNE

04 Aug 2017 Hits:125 Be the first to comment!

Este si Algene Marhee Pecson Amiruddin , ta llama conele na palayao “Genne” , 17 años de edad , 161 cm el altor y residente de Uy’s Drive , Lumiyap, [...] Read more


ZAMBOANGA PENCAK SILAT… SUPREME PERFORMANCE… CRIS ANN, RAVEN, HANNAH Y ALESSANDRA

31 Jul 2017 Hits:154 Be the first to comment!

Este el Pencak Silat Association que ta encabesa el Presidente del asociacion si Rommel L. Bernardo , El persona que ya discubri o ya principia grupu, amo si Sultan Jamalul [...] Read more


ZAMBOANGA CITY BIKERS ON THE RUN

30 Jul 2017 Hits:164 Be the first to comment!

“Este el Team Zamboanga City Bikers , el team Kalayat kay el miembro del team de otro otro grupu mga athleta pero todo  quiere juga este clase de desportes . [...] Read more


2017 INTER OFFICE BASKETBALL CHAMPION – CEO

29 Jul 2017 Hits:157 Be the first to comment!

Este el CEO City Engineer’s Office Basketball team , el maga empleado del oficina del CEO amo el maga miembros del team : Este canda Nelson Tarroza, Engr. Sherwin Rabago, [...] Read more


Beng lauds add’l air routes

28 Jul 2017 Hits:247 Be the first to comment!

Mayor Beng Climaco has highly praised Cebu Pacific for the opening of new routes to Cagayan de Oro and Cotabato City from Zamboanga stressing that it will help boost economy [...] Read more


DEPENDABLE SHOOTER… BON

28 Jul 2017 Hits:200 Be the first to comment!

Este si Mar-Khayyam Lao Basiri, conosido na nombre “Bon”, 35 años de edad, 5’5” el altor, casao cun Mica Jire L. Basiri y diila anak si Mackhayla Justinne L. Basiri [...] Read more