Monthly Archives: July 2022

PSE Finds 63 Shari’ah-compliant Securities in 2ndQ 2022

The Phiilippine Stock Exchange (PSE). (c) Philippine Star.

By Mansoor Limba

As the country transition to having a new President and hopes to exit from the pandemic lockdowns amidst the oil price hike and the ongoing Russia-Ukraine War, the Philippine Stock Exchange (PSE) found 63 securities to be compliant with the principles of Islamic finance as of June 25, 2022, as indicated in PSE’s website. This number of Shari‘ah-compliant firms shows a decrease of five companies compared to the previous quarter’s list of 68 (see “PSE Finds 3 More Shari’ah-compliant Securities in 1stQ 2022,” https://muslimandmoney.com/pse-finds-3-more-shariah-compliant-securities-in-1stq-2022).