ADB survey: 78% of Pinoys open to Islamic finance
The Philippine Star|December 03, 2024
A survey by the Asian Development Bank (ADB) has revealed that 78 percent of Filipinos are interested in Islamic financial services if made available in the country, reflecting strong market curiosity about its potential benefits compared to conventional banking.
By KEISHA TA-ASAN

In its latest Unlocking the Potential of Islamic Finance in the Philippines report, ADB said it surveyed 416 Muslims and 34 non-Muslims to assess public understanding, attitudes and preferences regarding Islamic financial services.

Based on the results, 51 percent said they are very interested in Islamic financial services while 27 percent are quite interested. Meanwhile, eight percent are not interested and 14 percent have not heard about Islamic finance.

In terms of demographics, the highest interest in Islamic finance is observed in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) and Metro Manila. This makes the two regions key targets for attracting retail consumers who are interested in Islamic finance.

هذه القصة مأخوذة من طبعة December 03, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 03, 2024 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE PHILIPPINE STAR مشاهدة الكل
The Philippine Star

UCAL Season 7: It's Our Time to Shine

Centro Escolar University launches its three-peat bid against host Diliman College as UCAL-PG Flex Linoleum 7th Season opens show today with two more schools officially joining the fastest growing league at the Paco Arena in Manila.

time-read
1 min  |
January 23, 2025
The Philippine Star

Individuals may soon bid in sale of 'small' gov't assets

The government may soon accept unsolicited proposals for the privatization of its various assets, particularly small ones, once the new rules are published and take effect, the Department of Finance (DOF) said.

time-read
1 min  |
January 23, 2025
The Philippine Star

Tough Year Ahead for Logistics as World Deals with Trump 2.0

The Philippine logistics industry is sailing into challenging waters this year as it has to deal with another wave of global uncertainty with the return of known protectionist Donald Trump as US president.

time-read
2 mins  |
January 23, 2025
On School Reunions and Celebration of Friendship
The Philippine Star

On School Reunions and Celebration of Friendship

Last weekend, Jan. 18-19, I attended our high school annual reunion at the former Cadiz City High School in Negros Occidental, Batch 1980.

time-read
4 mins  |
January 23, 2025
The Philippine Star

Prince Harry settles lawsuit vs Murdoch's UK tabloids

Prince Harry on Wednesday dramatically settled a hotly disputed lawsuit against Rupert Murdoch's UK tabloid publisher, which apologized for hacking the British royal's phone and agreed to pay him \"substantial damages.\"

time-read
1 min  |
January 23, 2025
The Philippine Star

Trump Calls Washington Bishop 'Nasty,' Demands Apology

Donald Trump on Wednesday called a Washington bishop \"nasty\" and demanded an apology, after she told the US president from the pulpit that he was sowing fear among the country's immigrants and LGBTQ people.

time-read
1 min  |
January 23, 2025
The Philippine Star

Pangasinan mayor defies Palace suspension order

The mayor of Urdaneta City in Pangasinan has reportedly continued to defy a suspension order imposed by the Office of the President and the Department of the Interior and Local Government (DILG) for alleged grave misconduct and abuse of authority.

time-read
1 min  |
January 23, 2025
Management excellence for nation building
The Philippine Star

Management excellence for nation building

The Management Association of the Philippines (MAP) is a non-profit organization founded in 1950 and composed of top management professionals, educators, and government officials who work to promote professionalism, integrity, and leadership.

time-read
3 mins  |
January 23, 2025
The Philippine Star

LeBron triple-double buries Wizards

LeBron James had 21 points, 13 assists and 10 rebounds one day after flying to Atlanta and back to watch a football game on his day off, and the Los Angeles Lakers sent the Washington Wizards to their 11th consecutive defeat with a 111-88 victory Tuesday night.

time-read
1 min  |
January 23, 2025
HAPPY REUNION OF ROBIN, BB, POPS, ARLENE AND NADIA
The Philippine Star

HAPPY REUNION OF ROBIN, BB, POPS, ARLENE AND NADIA

Old friends are the truest ones. Just like Pops Fernandez, Nadia Montenegro, Arlene Muhlach, BB Gandanghari and Robin Padilla. They had a fun reunion at Robin's place, Museo Padilla.

time-read
3 mins  |
January 23, 2025