PHL may venture into sukuk bonds

in World News

WITH a large funding needed for the country’s massive infrastructure drive, Moody’s Investors Service said the Philippines might potentially venture into sukuk issuance, especially after passing an Islamic finance and banking law. The Bangko Sentral ng Pilipinas (BSP) signed Circulars 1069 and 1070—which cover the establishment of Islamic banks and the approval of the Shariah […]

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