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BSP Plans Simpler Rules for Sukuk to Spur Islamic Finance

BSP Plans Simpler Rules for Sukuk to Spur Islamic Finance

The Bangko Sentral ng Pilipinas proposed easing regulations on sukuk issuances, including a simplified licensing framework for banks. The move aims to deepen the capital market and advance Islamic banking and finance in the Philippines.

Original headline

BSP looks to ease rules on sukuk issuances to boost Islamic finance