Al-Amanah Islamic Bank
The Al-Amanah Islamic Investment Bank of the Philippines (abbreviated AAIIBP) or Al-Amanah Islamic Bank is the first and only Islamic bank in the Philippines. History Al-Amanah Islamic Bank traces its roots to the Philippine Amanah Bank, established by President Ferdinand Marcos in 1973 by virtue of Presidential Decree No. 264. With an initial capital of 100 million pesos, it was one of the world's first Islamic banks. Its charter originally mandated it to provide financial services to the provinces of Basilan, Cotabato, Lanao del Norte, Lanao del Sur, Palawan, Sulu, Tawi-Tawi, Zamboanga del Norte and Zamboanga del Sur, where there are large, if not predominant, Muslim populations. In 1974, the bank's charter was amended by Presidential Decree No. 542, allowing it to open branches in Maguindanao and Sultan Kudarat Sultan Kudarat, officially the Province of Sultan Kudarat (; Maguindanao language, Maguindanaon: ''Dairat nu Sultan Kudarat'', Jawi Alphabet, Jawi: دا ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Palawan
Palawan (, ), officially the Province of Palawan (; ), is an archipelagic province of the Philippines that is located in the region of Mimaropa. It is the largest province in the country in terms of total area of . The capital and largest city is Puerto Princesa which is geographically grouped with but administered independently from the province. Palawan is known as the Philippines' ''Last Frontier'' and as the Philippines' ''Best Island''. The islands of Palawan stretch between Mindoro island in the northeast and Borneo in the southwest. It lies between the South China Sea and the Sulu Sea. The province is named after its largest island, Palawan Island (), measuring long, and wide."Palawan – the Philippines' Last Frontier" ''WowPhilippines''. Acce ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government-owned And Controlled Corporations Of The Philippines
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. Thi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Islamic Banks
Islam is an Abrahamic monotheistic religion based on the Quran, and the teachings of Muhammad. Adherents of Islam are called Muslims, who are estimated to number 2 billion worldwide and are the world's second-largest religious population after Christians. Muslims believe that Islam is the complete and universal version of a primordial faith that was revealed many times through earlier prophets and messengers, including Adam, Noah, Abraham, Moses, and Jesus. Muslims consider the Quran to be the verbatim word of God and the unaltered, final revelation. Alongside the Quran, Muslims also believe in previous revelations, such as the Tawrat (the Torah), the Zabur (Psalms), and the Injil (Gospel). They believe that Muhammad is the main and final of God's prophets, through whom the religion was completed. The teachings and normative examples of Muhammad, called the Sunnah, documented in accounts called the hadith, provide a constitutional model for Muslims. Islam is based on ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Banks Of The Philippines
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancien ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BusinessMirror
''BusinessMirror'' is a daily business newspaper in the Philippines, founded in 2005 by Antonio Cabangon-Chua, who was also its publisher and the owner of radio network Aliw Broadcasting Corporation. ''BusinessMirror'' has a daily circulation of 82,000. ABS-CBN agreement On April 30, 2014, ''BusinessMirror'' and ABS-CBN Integrated News and Current Affairs (consisting of ABS-CBN News Channel The ABS-CBN News Channel, commonly known as ANC, is a 24/7 Philippine pay television news channel. It was launched in 1996 as the first all-news network in English language. The majority of its programs are produced by ABS-CBN News and Curre ... and its online affiliate, ABS-CBNnews.com) signed a content sharing/partnership agreement that will boost both entities to continue to deliver the credible business and economy news in the country. Officers of ''BusinessMirror'' and ABS-CBN News, including its news chief, Regina Reyes, witnessed the agreement signing. References Exte ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Manila Times
''The Manila Times'' is the oldest extant English-language newspaper in the Philippines. It is published daily by The Manila Times Publishing Corp. (formerly La Vanguardia Publishing Corporation) with editorial and administrative offices at 2/F Sitio Grande Building, 409 A. Soriano Avenue, Intramuros, Manila. It was founded on October 11, 1898, shortly after news that the Treaty of Paris (1898), Treaty of Paris would be signed, ending the Spanish–American War and transferring the Philippines from Spanish to American sovereignty. It presently bills itself as having the fourth-largest circulation of the newspapers in the Philippines, beating the ''Manila Standard'', but still behind the ''Philippine Daily Inquirer'', the ''Manila Bulletin'' and ''The Philippine Star''. The current publisher and president and chief executive officer (CEO) and executive editor is Dante Francis "Klink" Ang II. On May 1, 2017, its chairman emeritus Dante Ang was appointed by President Rodrigo Dutert ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BusinessWorld
''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper. History ''Business Day'' (19671987) Raul L. Locsin became a business reporter for the '' Manila Chronicle'' in 1963. He helped establish the ''Economic Monitor'', the first business weekly in the Philippines. Then, he founded ''Business Day'', the first Southeast Asian business daily. In its debut issue, released on February 27, 1967, ''Business Day'' promised "competent and responsible reporting of the news." As editor-in-chief, Locsin aimed to demystify business and economics and make the subject more accessible to the general public. During martial law under Ferdinand Marcos (19721981), ''Business Day'' was the only independently owned newspaper in Manila. It gained a reputation for accuracy in an era of misinformation, as Locsin was committed to t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bureau Of The Treasury (Philippines)
Bureau ( ) may refer to: Agencies and organizations *Government agency *Public administration * News bureau, an office for gathering or distributing news, generally for a given geographical location * Bureau (European Parliament), the administrative organ of the Parliament of the European Union * Federal Bureau of Investigation, the leading internal law enforcement agency in the United States * Service bureau, a company which provides business services for a fee * Citizens Advice Bureau, a network of independent UK charities that give free, confidential help to people for money, legal, consumer and other problems * Credit bureau, an organization that gathers and shares information about individuals’ and businesses’ credit histories Furniture * Bureau is a piece of furniture with hinged writing space of flap resting at an angle when closed ** Bureau bedstead is form of a folding bed that looks like a bureau when closed ** Bureau cabinet is a combination of a bureau and displ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sultan Kudarat
Sultan Kudarat, officially the Province of Sultan Kudarat (; Maguindanao language, Maguindanaon: ''Dairat nu Sultan Kudarat'', Jawi Alphabet, Jawi: دايرت نو سولتان كودرت; ; Ilocano language, Ilocano: ''Probinsia ti Sultan Kudarat''; ), is a Provinces of the Philippines, province in the Philippines located in the Soccsksargen Regions of the Philippines, region in Mindanao. According to the 2020 Philippine census, 2020 census, it had a population of 854,052 people. Its capital is Isulan, Sultan Kudarat, Isulan while the commercial center and largest city is Tacurong. On February 23, 1995, Sultan Kudarat transferred from Autonomous Region in Muslim Mindanao, the Autonomous Region in Muslim Mindanao (now Bangsamoro Autonomous Region) to Soccsksargen. Etymology The name ''Sultan Kudarat'' given to the province was derived from the Maguindanao people, Maguindanaon Muslim ruler, Muhammad Kudarat, Sultan Muhammad Dipatuan Kudarat who began to assert his leadership ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Maguindanao
Maguindanao (; Maguindanaon: ''Dairat nu Magindanaw''; Iranun: ''Perobinsia a Magindanao''; ) was a province of the Philippines located in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). From 2014 to 2022, its provincial capital was Buluan, but the legislative branch of government, the Maguindanao Provincial Board, convened at the old provincial capitol in Sultan Kudarat. It bordered Lanao del Sur to the north, Cotabato to the east, Sultan Kudarat to the south, and Illana Bay to the west. It is now used collectively to refer to the provinces of Maguindanao del Sur and Maguindanao del Norte, with which it was replaced with since September 18, 2022 after a division of the province was approved in a plebiscite. History Maguindanao Sultanate According to Maguindanao royal records, Sharif Muhammad Kabungsuan of Johor introduced Islam to the Maguindanaos at the end of the 15th century. He subsequently married a Maranao princess of Malabang and established th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Zamboanga Del Sur
Zamboanga del Sur ( Cebuano: ''Habagatang Zamboanga;'' Subanen: ''S'helatan Sembwangan/Sembwangan dapit Shelatan''; , Jawi: سلاتن سامبواڠن; ), officially the Province of Zamboanga del Sur, is a province in the Philippines located in the Zamboanga Peninsula region in Mindanao. Its capital is the city of Pagadian. Statistically grouped with Zamboanga del Sur is the highly urbanized City of Zamboanga, which is geographically separated and a chartered city and governed independently from the province and also its largest city. The province borders Zamboanga del Norte to the north, Zamboanga Sibugay to the west, Misamis Occidental to the northeast, and Lanao del Norte to the east. To the south is the Moro Gulf. Etymology The name of Zamboanga is the Hispanicized spelling of the Sinama term for "mooring place" - ''samboangan'' (also spelled ''sambuangan''; and in Subanen, ''sembwangan''), from the root word ''samboang'' ("mooring pole"). "Samboangan" was the or ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |