Pru Life UK, fresh from securing its Takaful operator license, has partnered with Al Amanah Islamic Investment Bank of the Philippines (AAIIBP) to promote Islamic finance and expand financial inclusion in underserved Filipino communities, particularly in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM).
Finance Secretary Ralph G. Recto has expressed full support for the Bangsamoro Government's plan to acquire Development Bank of the Philippines' (DBP) shares in Al-Amanah Islamic Bank.