29/01/2025
PH Ulama and Ver Development Corporation Forge Historic Partnership for the First Shari’ah-Compliant Housing in the Philippines
The Philippine Ulama Congress Organization, Inc. (PH Ulama) and Ver Development Corporation have officially signed a landmark partnership agreement, marking a significant milestone in the development of Shari’ah-compliant real estate in the Philippines. This historic collaboration establishes Ver Development Corporation as the first-ever estate developer in the country to fully comply with Shari’ah principles, making it the third in Southeast Asia, following Malaysia and Indonesia.
With PH Ulama’s expertise in Halal certification and Shari’ah-compliant financing, this partnership ensures that Ver Development Corporation meets the highest Islamic standards in property development, financial transactions, and community ethics.
This is more than just a subdivision—it is a manifestation of Maqasid al-Shari’ah, the higher objectives of Islamic law, which seek to preserve human dignity, economic prosperity, family well-being, and spiritual fulfillment. Jumeirah Ville Subdivision will serve as a pioneering model of Islamic living in the Philippines, fostering an environment where faith, family, and community thrive in harmony.
By embracing Islamic finance and ethical housing principles, this development is not just an architectural feat—it is a social innovation that addresses the unique needs of Muslim families. From interest-free financial transactions to design elements that promote privacy, spirituality, and community well-being, Jumeirah Ville is set to become a blueprint for inclusive, value-driven, and faith-centered residential living.
This partnership is a testament to the shared commitment of PH Ulama and Ver Development Corporation in establishing a sustainable, ethical, and Shari’ah-compliant future for Muslim communities in the Philippines.
