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Memory of the first Maranao Mass Com Graduate from the esteemed University in Middle East PDF Print E-mail
Written by Abdulhannan Tago   
Sunday, 07 March 2010 14:45


MINDANAOFORUM.COM

RIYADH - The maranaw.com and mindanaoforum.com would like to inform its valued readers all over the world that effective from Saturday it will serialize the forthcoming book, “Climbing the ladder of success”, by Alim Abdul Hannan Faisal Tago.

In the book, the first for Alim Abdul Hannan, the author takes his readers down the memory lane and explains what life had taught him through his trials and tribulations. He provides a flashback into his past as a simple “murit” Arabic student from Nanagun Butig Lanao Del Sur. From an Alim in Arabic to becoming a Reporter for a leading English newspaper in the Middle East, the transition is not easy.

But Abdul Hannan has proved that where there is a will, there is a way. And that proverb sums up the theme of his book and, indeed, the story of his life. In that sense it is a tonic for the Muslims of Mindanao, a morale-booster that tracks his journey up the hill by surmounting the challenges along the way. It is a story of grit and determination, of a thirst for knowledge, of single-minded devotion to one’s mission in life—all knit together with his strong Islamic bond that acts like a shock-absorber as he forges ahead.  

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President Arroyo Signs MinDa Bill PDF Print E-mail

DAVAO CITY --- A milestone for Mindanao was realized Wednesday (17 February) after the Mindanao Development Authority (MinDA) Act of 2010 was finally enacted into law.

The MinDA Act or Republic Act 9996 was signed Wednesday by President Gloria Macapagal-Arroyo, ending five decades of long wait for the creation of a Mindanao-wide body that would integrate peace and development efforts in Mindanao.

Previous advocacy pushing for the creation MinDA dates back to 1961.

The Act is a consolidation of House Bill No. 6958 and Senate Bill No. 3946, which was passed by the House of Representatives and the Senate on January 26, 2010.

 

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Islamic Finance Eyes New Regions PDF Print E-mail

By Dinesh Nair & Frederik Richter Reuters

MANAMA: Muslim countries in Central Asia and Indonesia are seen as the next growth areas for the Islamic finance industry after hopes of expansion into Western markets faded and Gulf Arab markets remain fragmented.

Islamic banks are struggling to expand within the Gulf Arab region that due to shareholders' sensitivities, a lack of transparency and national interests has seen hardly any acquisitions, forcing them to look elsewhere for growth.

Banks have eyed Muslim minorities in Western countries such as France, the United Kingdom and Germany, but without proper regulatory support these markets will take time to penetrate and earlier hopes for Western issuance of Islamic bonds have faded.

"For many years it's been viewed as an area with potential but realizing that potential is a lot more challenging than institutions realized,” said Frederick Stonehouse, head of strategic M&A at Bahrain's Unicorn Investment Bank, said at the Reuters Islamic Banking and Finance Summit in Bahrain.

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