6848, and was subsequently renamed the Al-Amanah Islamic Investment Bank of the Philippines, with a capital of one billion pesos.

[1] However, in 2012, DBP announced that it intended to divest itself of the bank, since it does not have the expertise to handle an Islamic financial institution.

The main focus of the pawnshop is to address the needs of customers who require short-term financing options while avoiding interest-based transactions.

[8][9] Al-Amanah entered into a memorandum of understanding with the Department of Education in 2019 to provide financial literacy programs to public school students.

The objective of the program is to promote financial inclusion and enhance the students' knowledge on the fundamentals of banking and finance.