Students of Ma’had Islam Tutong were given an insight to the workings and roles of Brunei Darussalam Central Bank (BDCB), particularly in promoting financial literacy, as well as highlighting products and services offered by financial institutions at a financial literacy roadshow at the school’s Dewan Besar yesterday.
The roadshow also aimed to increase students’ awareness on the importance of managing and planning their finances wisely for future needs and times of emergency. Students were also made aware of financial frauds as well as overcoming certain financial issues.
Activities and briefings were also conducted as part of the roadshow, including identifying the types of currencies of Brunei Darussalam, the management of credit and debit cards, an insight to Islamic finance, identifying fraud syndicates, and basic concept of investments.
Coordinator for the Student Trust Fund and Financial Literacy Unit of Ma’had Islam Brunei Nurhaziqah binti Alisa shared that the roadshow was the first of its kind to be held at the school. She said last year the unit introduced a programme encouraging and educating Year 5 to Year 11 students on the importance of saving.
This year the unit introduced a competition for students to see which students can save the most 20 cents and 50 cents. Nurhaziqah hopes to continue and have similar events organised in the near future.
Ma’had Islam Brunei through the Student Trust Fund and Financial Literacy Unit in collaboration with the BDCB and other financial institutions held the Financial Literacy Roadshow for Sanah 5 to Sanah 7 students.