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Brunei
Friday, February 3, 2023
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Brunei
Friday, February 3, 2023
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    Three decades and going stronger

    Azlan Othman

    Bank Islam Brunei Darussalam (BIBD) yesterday held a mass prayer and Doa Kesyukuran at Jame’ ‘Asr Hassanil Bolkiah in commemoration of the bank’s 30th anniversary, marking three decades of contribution and progress to the landscape of the Islamic banking industry in particular, and to the economic development of the country in general.

    Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah in his capacity as Chairman of BIBD Board of Directors as well as Assistant State Mufti (Buhuth) at the State Mufti’s Office and Chairman of BIBD Shariah Advisory Body Dato Seri Setia Dr Awang Haji Mazanan bin Haji Yusof attended the event.

    Dato Seri Setia Dr Awang Haji Mohd Amin Liew said, “Alhamdulillah, over the last 30 years, we have witnessed the progression of BIBD, in support of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien, Sultan and Yang Di-Pertuan of Brunei Darussalam’s vision of transforming Brunei Darussalam into a hub of Islamic finance.”

    He added, “We are deeply grateful to our valued customers, and to the people of Brunei Darussalam for their support and loyalty.

    “At the same time, we would also like to acknowledge the contributions of all those who have been instrumental in the successful development and growth of BIBD over the past three decades, including our current and former Board of Directors and Shariah Advisory Body members.

    “Moving forward, we look forward to delivering on our commitment to serve our customers, the community and the nation, Insya Allah.”

    Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah in his capacity as Chairman of BIBD Board of Directors at the ceremony. PHOTO: AZLAN OTHMAN

    Members of BIBD’s Board of Directors, Shariah Advisory Body, senior management, staff as well as retired employees from the BIBD Group were also present.

    Attendees at the event performed mass Sunnat Hajat prayers and Asar prayer, followed by the recitation of Selawat Tafrijiyyah by BIBD Advocating Life-long Learning for Aspiring Future (ALAF) students.

    The event concluded with a Doa Kesyukuran in conjunction with the 30th anniversary milestone.

    His Majesty paved the way for Islamic banking industry in Brunei Darussalam with the announcement of the conversion of the International Bank of Brunei into the Islamic Bank of Brunei (IBB) on January 13, 1993.

    In 2005, with the consent of His Majesty, IBB merged with the Islamic Development Bank of Brunei (IDBB) to create BIBD. Over the past 30 years, BIBD has continued its commitment to contributing to Brunei Darussalam’s nation-building efforts as the custodian of the Islamic banking industry.

    The bank has a long-standing history of supporting the government in achieving Brunei Vision 2035, both through its business practices as well as the bank’s community-based initiatives such as BIBD Special Entrepreneurial Empowerment and Development Scheme (SEED) and BIBD ALAF. BIBD has also been a strong supporter of the development of local micro, small and medium enterprises (MSMEs) through its SME360 service.

    BIBD continues to serve the people of Brunei Darussalam through its network of physical branches combined with its comprehensive suite of digital banking and payment platforms.

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