| This policy brief highlights a strong demand for Islamic finance in the Philippines despite its limited availability. Sentiment analysis of existing literature reveals generally positive perceptions, though concerns regarding "risks" exist. To address this, the brief recommends that the Philippine government, particularly the Bangko Sentral ng Pilipinas and the BARMM Regional Government , proactively promote financial literacy, build stakeholder capacity, support successful pilot models, and develop industry plans to attract Islamic financial institutions. These measures are crucial to making Islamic finance more accessible in the country. |