AIB Marked its first Zakat Activity
In a series of occasion, Amanah Islamic Bank marked its first ever Charitable Assistance Program by way of Zakat. Spearheaded by the Bank’s Chief Operating Officer, Atty. Imelda Tarhata F. Macarambon, the Bank, with the support of its Board of Directors and the Management Team, successfully delivered and distributed Zakat assistance in various areas in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) such as Tawi-Tawi, Basilan, Cotabato, Marawi, and Jolo from November to December 2019.
Among the beneficial recipients of Zakat are the Provincial / Regional Hospitals of the provinces, Imams, Caretakers of Masjeeds, Charity Homes, and Orphanages.
While giving of Zakat is considered one of the five pillars of Islam which obligates every earning Muslim to share a portion of their earnings to the poor or the eight (8) covered beneficiaries thereof as prescribed by the Holy Qur’an, the Team was overjoyed with the warm welcome, reception, and seeing big smiles on the faces of everyone.
Looking forward to its next Charitable Assistance Program drive!!
2020 Islamic Banking and Finance Training
The Officers of Amanah Islamic Bank participated in a series of Islamic Banking Training for Bankers and other Stakeholders granted by the Asian Development Bank’s (ADB) Knowledge and Support Technical Assistance on Islamic Finance for the Philippines. These trainings are in line with the Bangko Sentral ng Pilipinas’ (BSP) thrust to promote Islamic Banking in the country as part of its financial inclusion agenda which were held in the BSP Headquarters in Manila on January 27-31 and February 6-7, 2020.
The topics discussed are Foundations of Islamic Finances, Shari’ah Governance, Islamic Banking, Microfinance, Islamic Capital Markets, and the Foundations and Principles of Takaful. These insightful and highly educational topics were facilitated by the Islamic Finance Advisory and Assurance Services (IFAAS) Group.
As Marawi rebuilds, DBP’s Islamic banking unit steps into the breach
(Article from BusinessMirror)
AL AMANAH Islamic Investment Bank of the Philippines (AIB), a subsidiary of the Development Bank of the Philippines (DBP), will play a vital role in the rehabilitation of war-torn Marawi City and the development of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
CICS Pre-BID Conference [BID]
INVITATION TO BID
(CHANGE OF PRE-BID CONFERENCE SCHEDULE)
Public Bidding No. 2019-003
ABC: P3,600,000.00
Please be advised that the Pre-Bid Conference schedule on 8 January 2020 is moved from 2:00PM to 1:00PM at Suite 3, 12/F DBP Bldg., Makati City
Please look for Joanna Bellen (8893-4350/09989615555)
Amanah Islamic Bank Servicing United Nation-Habitat P300M Japan Government Funding for 2019-2020 Housing and Livelihood Project for Marawi Siege Victims
Standing from left: AIB Marawi Branch Personnel: Fatima Marangit, Sittierohsanie Faisal, Aiman Sultan, Nasima Abdulbasit, Mohammad Usman, Amilolkhair Botawan;
Seated from left: UN Habitat Livelihood Officer Francia Villavicencio, UNH Project Manager Warren Ubongen, Amanah Islamic Bank Branch Head Sarima Punguinagina and UN Habitat Finance and Admin Assistant Gennie Febe Bulaclac Bulaquena.
Standing from left: AIB Marawi personnel Fatima Marangit, Aiman Sultan, Nasima Abdulbasit, UNH Project Manager Warren Ubongen, Sittierohsanie Faisal Mohammad Usman, Amilolkhair Botawan;
Seated from left: UN Habitat Finance and Admin Assistant Gennie Febe Bulaclac Bulaquena, Amanah Islamic Bank Branch Head Sarima Punguinagina and UN Habitat Livelihood Officer Francia Villavicencio.
The UNH Group, headed by its Country Manager Christopher E. Rollo (3rd from left), went to the Executive Office of AIB in Makati to meet with its Chairman and CEO Alex P. Bangcola (2nd from right) to finalize the Agreement on the PHP300M Housing and Livelihood Project for implementation from 2019 to 2020.
For related stories, see links.
AIB Head of Treasury Nursalyn H. Ladjabassal, UN Habitat Finance and Admin Officer Valerie V. Ong, UN Habitat Country Manager Christopher E. Rollo, AIB COO Atty. Tarhata Imelda F. Macarambon, Former Branch Head Marawi Sarima M. Punguinagina, AIB Chairman and CEO Alex P. Bangcola and AIB Head of Investment Banking Arleth A. Mendoza.
Check Image Clearing System [BID]
INVITATION TO BID
The Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP), through its approved Corporate Budget for CY 2020 intends to apply the sum of Three Million Six Hundred Thousand Pesos (P3,600,000.00) for the Procurement of AAIIBP Check Image Clearing System (CICS). This amount shall be inclusive of the software license, hardware, third party operating systems and database needed to run the software, implementation and integration cost, twelve percent (12%) Value Added Tax (VAT) and other taxes imposed by the Government.
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