As part of the Bank’s Learning and Development Program for its Officials and Staff, the key officers and employees of the Bank and some of the Board of Directors attended a one-day workshop on Islamic Banking and Finance on April 16, 2018, held at the Training Room, 4F, DBP Building, Makati City.
Gracious lecturers, who offered and spared the Bank time and opportunity of learning for free, are experts on the subject matter from Malaysia in the name of Messrs. EZAMSHAH ISMAIL, Dean of School of Professional Studies of the International Centre for Education in Islamic Finance (INCEIF), and ZAINAL ABIDIN MOHD TAHIR, a teaching fellow of INCEIF, and both have at least thirty (30) years of experience in Islamic Banking.
The lecturers have successfully engaged the participants by landscaping Islamic banking and finance in the global banking, finance and investment market today through the following topics:
• Overview of Global Islamic Finance & Current Landscape
• Islamic Finance & Riba’
• Shariah & Financial Needs
• Islamic Banking Deposits and Investment
• Islamic Financing Products and Operations
• Overview on Sukuk: Structure and Issuance
MOA SIGNING BETWEEN AAIIBP AND MSU SYSTEM
Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) signed a Memorandum of Agreement (MOA) with the Mindanao State University, for the relocation of Marawi Branch inside MSU – Main Campus, Marawi City on 19 December 2017 at Jade Vine Hotel, Ermita, Manila.
Photo caption - Photo shows (seated, from left to right): DBP President and Chief Executive Officer Gil A. Buenaventura; Secretary Mehol K. Sadain of the National Commission on Muslim Filipinos; AAIIBP Chairman and Chief Executive Officer Atty. Jose Luis L. Vera, and DBP Chairman Jose A. Nunez, Jr. At the back (standing, from left to right) are: AAIIBP Corporate Secretary Atty. Carlos R. Cruz, and AAIIBP Directors Ibrahim Mamao and Abdul Y. Hadjisala
The Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) launched last February 6 its Pilgrimage Savings Plan (PSP) that aims to help Muslim Filipinos start their savings plan for future Hajj or Umrah.
(Article from Rappler)
The Qatar Investment Authority has at least $320 billion worth of excess funds which may be used for energy projects in the Philippines and Southeast Asia.
DAVAO CITY, Philippines – Qatar, through its state-run holding company, is keen on funding energy projects in the Philippines but prefers to do so through an Islamic financial system, a leader of the country’s lone Islamic bank said Tuesday, October 3.
by Maharlika Alonto - Head, Accounting Department
Aiming to enhance its islamic banking operations, the Al-Amanah Islamic Investment Bank of the Philippines (AAIIBP) recently concluded its week-long training on Islamic Banking and Finance last July 26 to 29, 2011. Organized by the Association of Development Financial Institutions in Asia and the Pacific (ADFIAP), attendance was not only limited to the AAIIBP personnel, as representatives from the government regulatory agencies such as the Bangko Sentral ng Pilipinas (BSP), Department of Finance (DOF) and Bureau of Internal Revenue (BIR) were also present.
The training was led by well-known Asian practitioners of Islamic banking and finance. Professor Ashraf bin Md. Hashim, Head of the International Shariah Research Academy for Islamic Finance (ISRA) talked about islamic economics and finance, and the introduction to Takaful (Islamic Insurance) and Sukuk (Islamic Bonds). Followed by Ms. Lee How Fen, Director - Lee Consultancy in Singapore, participants were taught on the rudiments of Islamic Commercial Law, and key documentary and structuring issues for Islamic financial products. Her module also discussed concerns on regulation, supervision and corporate governance in conformity with Shariah. Lastly, two bankers from Malaysia- Mr. Ahmad Nazir Che Yen, Senior Vice President - Islamic Treasury Group of CIMB Investment Bank, and Mr. Mohd Nizam Mohamad, Head - Governance and Compliance of AmIslamic Bank Berhad - extensively discussed mechanisms of operations for Islamic banking, treasury and capital market, as well as financial accounting for Islamic Banks. AAIIBP management exchanged ideas and questions throughout the seminar that are crucial to boosting the Bank's Islamic banking operations. The presence of government regulatory agencies made the event cohesive as issues between agencies and the Bank were widely communicated. Attended by forty-seven personnel from AAIIBP, including two members of its board of directors, the seminar was the biggest training program of the Bank to date.
A halfday executive session was also held last July 28, 2011 and attended by five members of the Board, a Sharia'h advisor and senior officers of DBP.
L-R (standing): Jolo Branch Head Sherry Grace Aspi, Account Officer Nerady Minao, Iligan Branch Head Sittie Usman, Cotabato Branch Head Reina Gayak, Ms. Joryl Mamon, Marawi Branch Head Sarima Punguinagina, Makati Branch Head Nasor Abdullatif, Davao Branch Head Camaliah Dianalan, CDO Branch Head Asmia Mira-ato, Ms. Princess Sara Lipae, Mr. Roel Jefferson Avanzado, CAU Head James Porto
L-R (sitting): GenSan Branch Head Lilian Dubal, HR Head Rowena Cunanan, AVP Jose Villano, Chairman and CEO Alex Bangcola, Mr. Alvin Kong, Zamboanga Branch Head Paul Shuck, Operations Head Jam Abu Dharr Usman.
Boosting its marketing strategies, the Amanah Islamic Bank conducted a two-day marketing workshop for its Branch Heads and Account Officers last 4-5 May 2017 in Zamboanga City.
Under the guidance of Chairman and CEO Alex P. Bangcola, the workshop aimed to enhance the marketing skills of its Branch Heads and Account Officers and upgrade their proficiency level in credit and account packaging competencies.
AVP Jose Q. Villano, Head of Branch Banking Services Department (BBSD) and Ms. Lilian Dubal, Head of Marketing Unit facilitated the marketing workshop, while Ms. Rowena B. Cunanan, Head, HR, also lectured in leadership and stress management trainings.