Bangko Maharlika Ltd. introduced at Asean summit on Islamic finance

THE island of Mindanao and the Bangsamoro Autonomous Region (AR) can be the next Qatar or Dubai of the Association of South East Asia Nations (Asean).
This according to Moñozca, chairman of the EU-based Moñozca Family Office and key investor in a hybrid bank dubbed The Bank of Humanity.
The Bank of Humanity is now the Central Bank of Autonomous Regions worldwide and is
a world leader in a private sector-led universal basic Income or subsidy program via the
tokenization of resource-based economies.
The Bangsamoro Autonomous Region, being the “last frontier” of Philippine culture, has all the key components to evolve into a wealthy nation in this era of technological singularity.
However, the Bangsamoro law has to de revised to be in line with this transition, according to Moñozca.
“The Bangsamoro Law does not provide a
levei of independence on the inclusion of such a resource rich region in the new Monetary
System and has flaws which limits the cultural identity protection of its people,” Moñozca said. “The Bangsamoro and Mindanao are richer than the UAE combined but has suffered the same fate as other resource-rich countries suppressed of what is due to its people,” Moñozca said.
Moñozca was speaking at the 12h ASEAN Islamic Finance Conference in Cagayan de Oro,
under the invitation of the Mindanao State University, Marawi City.
He came from a speaking engagement under the European Union last November 6 in Cannes, France where he spoke on the private banking and wealth management industry beyond artificial intelligence to audience of global banks, sovereign wealth funds and family offices.
The Bank of Humanity is now registered as Bangko Maharlika Ltd. in the United Kingdom
and selected autonomous regions.
The name change was done in 2021 to be in line with cultural identity succession protocols of its chentele, which is called avatar continuity of
conscience protocols.