RA 11439 Section 11

Current Accounts of Islamic Banks.

Section 11

SEC. 11. Current Accounts of Islamic Banks. — The Bangko Sentral is authorized to open current accounts for Islamic banks for settlement and other purposes under such rules and regulations as the Monetary Board may prescribe. The Bangko Sentral may charge administrative and other fees for the maintenance of such facilities as may be allowed under Shari'ah principles.

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Other provisions in RA 11439

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 11439 Section 11 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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