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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. The amended charter also mandated that the bank provide banking services according to Islamic principles, which was not explicitly provided for under the original ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lanao Del Norte
Lanao del Norte ( Cebuano: ''Amihanang Lanao''; tl, Hilagang Lanao; Maranao: ''Pangotaraan Ranao''), officially the Province of Lanao del Norte, is a province in the Philippines located in the Northern Mindanao region. Its capital is Tubod. The province borders Lanao del Sur to the southeast, Zamboanga del Sur to the west, Illana Bay to the southwest, Iligan Bay to the north, Misamis Oriental to the northeast, and is separated from Misamis Occidental by Panguil Bay to the northwest. According to the 2020 census, the province has a total population of 722,902 people. Situated within Lanao del Norte is the highly urbanized city of Iligan, which is governed independently from the province. History The province of Lanao existed from 1914 until 1959. In 1959, Republic Act No. 222 was passed by the Philippine Congress, partitioning Lanao into two provinces: Lanao del Norte and Lanao del Sur. The new province was inaugurated on July 4, with Iligan City as its capital. The provi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banks
Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or '' Allah'') as it was revealed to Muhammad, the main and final Islamic prophet.Peters, F. E. 2009. "Allāh." In , edited by J. L. Esposito. Oxford: Oxford University Press. . (See alsoquick reference) " e Muslims' understanding of Allāh is based...on the Qurʿān's public witness. Allāh is Unique, the Creator, Sovereign, and Judge of mankind. It is Allāh who directs the universe through his direct action on nature and who has guided human history through his prophets, Abraham, with whom he made his covenant, Moses/Moosa, Jesus/Eesa, and Muḥammad, through all of whom he founded his chosen communities, the 'Peoples of the Book.'" It is the world's second-largest religion behind Christianity, with its followers ranging between 1-1.8 billion globally, or around a quarter of the world's po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. Because 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 anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Furniture * Desk, a piece of furniture, typically a table used for office work * Chest of drawers, a piece of furniture that has multiple, stacked, parallel drawers Geography * Bureau County, Illinois * Bureau Lake, a body of water in the Gouin Reservoir, in Quebec, Canada People * Bernard Béréau (1940–2005), French footballer * Bernard Bureau (born 1959), Fren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sultan Kudarat
Sultan Kudarat, officially the Province of Sultan Kudarat ( hil, Kapuoran sang Sultan Kudarat; Maguindanaon: ''Dairat nu Sultan Kudarat'', Jawi: دايرت نو سلطان كودرت; ceb, Lalawigan sa Sultan Kudarat; tl, Lalawigan ng Sultan Kudarat), is a province in the Philippines located in the Soccsksargen region in Mindanao. Its capital is Isulan and the commercial center is Tacurong. Etymology The name ''Sultan Kudarat'' given to the province was derived from the Maguindanaon Muslim ruler, Sultan Muhammad Dipatuan Kudarat who begun to assert his leadership in the year 1619 and reigned in the Sultanate of Maguindanao from 1625 to 1671. Through his leadership, Spanish forces were successfully repelled from encroaching the Cotabato region of south-central Mindanao. He is considered a national hero, and in his honor the province was named after him. History Sultan Kudarat was once part of the Sultanate of Maguindanao. It became one of the stronghold of the Maguindan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maguindanao
Maguindanao (, Maguindanao language, Maguindanaon: ''Prubinsya nu Magindanaw''; Iranun language, Iranun'': Perobinsia a Magindanao''; tl, Lalawigan ng Maguindanao) was a Provinces of the Philippines, province of the Philippines located in the Bangsamoro, 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, Maguindanao del Norte, Sultan Kudarat. It bordered Lanao del Sur to the north, Cotabato to the east, Sultan Kudarat to the south, and the Illana Bay to the west. The province was replaced by Maguindanao del Sur and Maguindanao del Norte since September 18, 2022 after a division of the province was approved in a 2022 Maguindanao division plebiscite, plebiscite. History Sultanate and Spanish eras Mohammed Kabungsuwan, Shariff Mohammed Kabungsuwan of Johore introduced Islam in the area ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zamboanga Del Sur
Zamboanga del Sur ( Cebuano: ''Habagatang Zamboanga;'' Subanen: ''S'helatan Sembwangan/Sembwangan dapit Shelatan''; Chavacano: ''Zamboanga del Sur''; tl, Timog Zamboanga; mdh, Pagabatan Sambuanga), 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. 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" w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zamboanga Del Norte
Zamboanga del Norte ( Cebuano: ''Amihanang Zamboanga''; Subanon: ''Utara Sembwangan''; tl, Hilagang Zamboanga), officially the Province of Zamboanga del Norte, is a province in the Philippines situated within the Zamboanga Peninsula region in Mindanao. Its capital is Dipolog and the province borders Zamboanga del Sur and Zamboanga Sibugay to the south, Misamis Occidental to the east, and the Sulu Sea to the west. Zamboanga del Norte is the largest province of the Zamboanga Peninsula region by land area covering . Zamboanga del Norte is the 26th populous province in the Philippines. History Early history Prior to its creation as a province, Zamboanga del Norte formed the northern portion of the historical province of Zamboanga. The early history of Zamboanga del Norte is shared with that of Zamboanga City, which had been the center of the entire Mindanao area, most notably during the American era. When Zamboanga City became a chartered city on October 12, 1936, it encompas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tawi-Tawi
Tawi-Tawi, officially the Province of Tawi-Tawi ( tl, Lalawigan ng Tawi-Tawi; Tausug: ''Wilaya' sin Tawi-Tawi''; Sinama: ''Jawi Jawi/Jauih Jauih''), is an island province in the Philippines located in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). The capital of Tawi-Tawi is Bongao. It is the southernmost province of the country, sharing sea borders with the Malaysian state of Sabah and the Indonesian North Kalimantan province, both on the island of Borneo to the west. To the northeast lies the province of Sulu. Tawi-Tawi also covers some islands in the Sulu Sea to the northwest, Cagayan de Tawi-Tawi Island and the Turtle Islands, just away from Sabah. The municipalities comprising the current Tawi-Tawi province were formerly under the jurisdiction of Sulu until 1973. Etymology Province was named after its main island. Tawi-Tawi is the Sinama form of ''jawi-jawi'', Malay for the banyan tree; the island is known for having an abundance of this tree. Early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sulu Province
Sulu (), officially the Province of Sulu ( Tausūg: ''Wilāya sin Lupa' Sūg''; tl, Lalawigan ng Sulu), is a province of the Philippines in the Sulu Archipelago and part of the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). Its capital is Jolo on the island of the same name. Maimbung, the royal capital of the Sultanate of Sulu, is also located in the province. Sulu is along the southern border of the Sulu Sea and the northern boundary of the Celebes Sea. History Pre-Spanish and Spanish eras Prior to the arrival of Islam in Sulu, the province used to adhere to local animist religions; this later changed to Hindu and Buddhist belief systems. Throughout this time, the Kingdom of Lupah Sug had been established centuries before Islam arrived. The advent of Islam around 1138 through merchants and traders had a distinct influence on Southeast Asia. The coming of Arabs, Persians and other Muslims paved the way for the arrival of religious missionaries, traders, scholars ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palawan
Palawan (), officially the Province of Palawan ( cyo, Probinsya i'ang Palawan; tl, Lalawigan ng 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 city is Puerto Princesa. 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''. Accessed August 27, 2008. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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