Category Archives: Sukuk

MindDA exec says House shakeup won’t affect major projects in Mindanao

DAVAO CITY (MindaNews/ 31 July) – The recent change of leadership in the House of Representatives will not hamper the implementation of big-ticket projects in Mindanao, an official said on Tuesday. “It’s just a change of leadership and so far as commitment to transforming Mindanao and making sure these projects are implemented, it remains there […]

Gov’t eyes Islamic financing for Mindanao projects

DAVAO CITY (MindaNews / 11 July) – The government is planning to tap Islamic financing called “Sukuk” to fund big-ticket projects in Mindanao through the state-owned Al Amanah Islamic Bank, an official of the Mindanao Development Authority (MinDA) said. MinDA executive deputy director Romeo Montenegro told “Wednesdays at Habi at Kape” that they requested President Rodrigo Duterte […]