by: TATO M. USMAN, MD, MPAIM, DSHRMD
Jurisconsult on Islamic Health
Cotabato City, BARMM, 18 Sep 2019 – MP Alzad Sattar visited Mufti Abuhuraira Udasan earlier today in his office at RDI-BARMM, OCM Compound, Cotabato City.
MP Alzad is inviting RDI to join in his consultation on his proposed bill on responsive Madaris Education system in BARMM.
If the Bill will be approved, hundreds of thousands of azatis will be hired and get job inshaAllah.
Also, the talks also highlighted on how the BARMM could acquire Islamic Bank.
“One possibility is to buy Amanah Bank from Development Bank of the Philippines (DBP)”, MP Alzad said.
“Amanah Bank will cost about P2B more or less”, he added.
Islamic bank is crucial to the economic development of Bangsamoro because it is devoid of riba (interest) as opposed to conventional bank.
Bangsamoro people can access to its loan without ribah and yet it would have barakah (blessing) in investing into businesses.