Islamic Financial Sectors

Overview

Islamic finance plays a central role in shaping Brunei Darussalam’s financial services industry. Rooted in strong Islamic principles, Brunei aspires to establish itself as an international Islamic finance hub. In support of this vision, BDCB remains committed to fostering a resilient and dynamic financial sector, with Islamic finance identified as a key priority in its Financial Sector Blueprint (FSBP) 2016-2025.

Brunei’s Islamic finance journey began in 1991 with the establishment of its first Islamic financial institution. Over the past three decades, the sector has grown significantly, now encompassing a diverse range of institutions including an Islamic bank, an Islamic trust fund, a finance company, takaful operators, securities companies, and pawnbroking services.

Proportion of Islamic finance in the nation’s market share
Total of 11 Islamic financial institutions
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1

Bank
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1

Trust Fund
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4

Takaful Operators
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3

Securities Companies
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1

Finance Company
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1

Pawn-broker

Growth of Financial Sector Assets

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Our Sectors

Brunei’s Islamic financial sector is a diverse ecosystem encompassing Islamic banking, takaful, sukuk, Islamic investment funds, and more.

Built on principles of risk-sharing, ethical finance, and real economic activity, the sector plays a vital role in promoting inclusive growth and sustainable development.

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Islamic Banking

Offers Syariah-compliant financial products and services based on profit-sharing, ethical lending, and asset-backed transactions.

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Takaful

An Islamic insurance model in which participants mutually guarantee each other against loss, grounded in the principle of cooperative risk-sharing.

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Islamic Securities

Syariah-compliant investment certificates representing ownership in tangible assets or projects, commonly known as Islamic bonds (sukuk).

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Islamic Funds

Investment funds managed according to Syariah principles that avoid interest-based activities and non-halal industries.

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