Bank Islam Brunei Darussalam (BIBD) participated in the inaugural International Conference on Islamic Finance and Sustainability (ICIFS) 2025, underscoring its commitment to promoting ethical financial practices and supporting the evolution of Islamic finance.
The conference, from February 4-6 at Balai Khazanah Islam Sultan Haji Hassanal Bolkiah, represented a significant milestone in advancing sustainable development and ethical finance, both in Brunei and globally.
The ICIFS 2025 served as a global platform for dialogue, innovation and collaboration, bringing together experts, policymakers and industry leaders to explore the transformative role of Islamic finance in addressing pressing sustainability challenges.
By becoming a key sponsor of the ICIFS 2025, BIBD reaffirms its dedication to promoting sustainability as part of its core operations and offering financial solutions that contribute to a greener, more inclusive future.
“BIBD is honoured to sponsor the 1st International Conference on Islamic Finance and Sustainability 2025, as it represents a pivotal moment for the Islamic finance industry to align with global sustainability goals. This conference is not just a platform for dialogue but a call to action for financial institutions to integrate ethical and sustainable practices into their operations,” said BIBD Managing Director and Chief Executive Officer Junaidi bin Haji Masri.
“At BIBD, we believe that Islamic finance, guided by the principles of Maqasid Syariah, has the unique potential to address some of the world’s most pressing challenges, from climate change to social inequality,” he added.
“Our support of ICIFS 2025 is a testament to BIBD’s commitment to Brunei Vision 2035 and our role in supporting the nation’s economic diversification and sustainable development.
By fostering innovation and collaboration in Islamic finance, we aim to position Brunei as among the regional leaders in ethical and sustainable financial practices.” As part of its participation, BIBD held a showcase to exhibit its sustainability initiatives, highlighting its ongoing efforts to integrate environmental, social and governance (ESG) principles into its operations. The showcase also featured BIBDSEED, BIBD’s flagship social impact initiative, which focuses on empowering communities through entrepreneurship.
Additionally, BIBD Securities Sdn Bhd, a signatory of the United Nations Principles for Responsible Investment (UNPRI) through BIBD Asset Management, demonstrated its commitment to socially responsible investing, showcasing its portfolio of sustainable investment solutions.
The BIBD Sustainability Framework is strongly aligned with the Maqasid Syariah – the fundamental principles and values that shape the Islamic Financial Institution – and a wider set of principles; the 17 United Nations Sustainable Development Goals (UN SDGs). The conference’s focus on, ethical banking and sustainable investment resonated strongly with BIBD’s efforts to drive positive environmental and social impact. Through its innovative products and services, BIBD continues to champion financial practices that align with the broader goals of sustainability, ensuring that economic growth is balanced with social responsibility and environmental preservation.
Brunei Vision 2035 envisions a dynamic and sustainable economy, a high quality of life and a well-educated and skilled population. BIBD’s involvement at ICIFS 2025 directly supports this vision by fostering innovation in Islamic finance and sustainability, part of Brunei’s economic diversification strategy.
BIBD’s sponsorship of this landmark event underscores its leadership in the Islamic finance industry and its commitment to shaping a better future for generations to come.
