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Striving for sustainable financial, investment decisions

Lyna Mohammad

Bank Islam Brunei Darussalam (BIBD) subsidiary BIBD Securities won a number of awards from Asia Asset Magazine for the year 2022, said the bank yesterday.

According to the bank, BIBD Securities won Brunei country awards for Best Investor Education, Best Retail House, Best Institutional House and Best Islamic Fund House by the magazine for year 2022.

Meanwhile, BIBD Asset Management, which operates under the licence of BIBD Securities, was also awarded for Best Applications of Environment, Social, Governance (ESG) Practices (Finance) for Brunei by Global Business Outlook.

“We are humbled to be recognised for our achievements in Syariah compliance and ESG investing,” said Acting Managing Director of BIBD Securities Jason Wong.

He said their commitment to sustainability is rooted in their belief that businesses have a responsibility to contribute to the well-being of the communities they operate in.

“As a responsible corporate citizen, we believe that sustainable development is key to our success and the success of our clients.

“As a signatory to the United Nations Principles of Responsible Investing (UN PRI), we are committed to integrating ESG considerations into our investment decisions. Doing so is not only the right thing to do, but also sound business sense.”

A BIBD staff member with schoolchildren. PHOTO: BIBD
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