IFB Brunei


  1. BILIF hosted BICAM 2021
  2. Rebranding of CIBFM to Brunei Institute of leadership and Islamic Finance (BILIF)
  3. Launching of the Standard Chartered Securities (B) Sdn Bhd (SCSB) Islamic Window
  4. Brunei Darussalam ranked 11th position in the ICD-Refinitiv Islamic Finance Development Indicator Report 2020
  5. BDCB introduced the BDCB Islamic Bills (I-Bills) Programme
  6. Introduction of mobile app in Takaful market Brunei Darussalam ranked 10th position in the ICD-Refinitiv Islamic Finance Development Indicator Report 2019
  7. CIBFM awarded with the Global Islamic Finance Awards (GIFA) Excellence Award Islamic Finance Training and Education at the 9th GIFA Award Ceremony
  8. Hosted Brunei Darussalam Islamic Capital Market (BICAM) Conference 2018
  9. Establishment of Bank-Usahawan to provide Syariah-compliant financing for SMEs
  10. Brunei Darussalam Central Bank (BDCB) introduced the Syariah-Compliant Overnight Standing Facilities
  11. First infrastructure project in Brunei Darussalam to utilise sukuk
  12. Issuance of Guidelines on the Islamic Product Approval Process under Section 14 of SFSB Order, 2006
  13. Issuance of Notices and Guidelines on Internal Syariah Audit Framework for Financial Institutions and Banks Offering Islamic Financial Products and Services in Brunei Darussalam
  14. Issuance of Notices and Guidelines on Syariah Governance Framework
  15. Brunei Darussalam maintained 9th position in the ICD-Refinitiv Islamic Finance Development Indicator Report 2018
  16. Brunei Darussalam ranked 9th position from 14th position in 2016 in the ICD-Thomson Reuters Islamic Finance Development Indicator Report 2017
  17. CIBFM hosted BIIS 2017
  18. Launching of Islamic Finance Showcase; and Brunei Darussalam Islamic Finance (BDIF) website and mobile application
  19. Launching of Financial Sector Blueprint (FSBP) 2016-2025 with Pillar II focusing on expanding Islamic finance in Brunei Darussalam
  20. Introduction of BIBD SME 360
  21. BIBD opened an office in Dubai International Financial Centre
  22. BIBD opened Representative Office in Singapore
  23. Commencement of Stock Exchange Establishment Project
  24. BIBD received credit rating A- from S&P Global Ratings
  25. Hosted Brunei Darussalam Islamic Investment Summit (BIIS) 2013
  26. Introduction of Government Sukuk Al-Ijarah of 6 and 9 months tenors
  27. Introduction of Securities Markets order, 2013
  28. Licensing of Insurans Islam TAIB General Takaful and Insurans Islam TAIB Family Takaful
  29. BIBD began offering online banking services
  30. Licensing of Takaful Brunei Am (TBA) and Takaful Brunei Keluarga (TBK)
  31. Launching of SBI Islamic Fund in Brunei Darussalam
  32. Establishment of Centre for Islamic Banking Finance and Management (CIBFM)
  33. Launching of BIBD Al-Kauthar Funds
  34. Introduction of Islamic Banking Order, 2008; and Takaful Order, 2008
  35. Launching of CIMB Islamic Imtiyaz Fund
  36. Launching of Short-Term Brunei Government Sukuk Al-Ijarah
  37. Introduction of Syariah Financial Supervisory Board (SFSB) Order, 2006
  38. Merger of IBB and IDBB into Bank Islam Brunei Darussalam (BIBD)
  39. First launch of Corporate Sukuk Al-Ijarah by IDBB
  40. TAIB began offering SMS Banking Services
  41. Introduction of Pawnbrokers Order, 2002
  42. Introduction of International Insurance & Takaful Order, 2001; Securities Order, 2001; and Mutual Funds Order, 2001
  43. Establishment of Takaful IDBB
  44. Conversion of Development Bank of Brunei to Islamic Development Bank of Brunei (IDBB)
  45. Introduction of International Banking Order, 2000
  46. Introduction of Islamic Banking Act, Chapter 168
  47. Establishment of Ar-Rahnu Department under IBB
  48. Establishment of IBB Kredit Berhad
  49. Establishment of IBB Securities Sdn Bhd
  50. Establishment of Takaful IBB Berhad
  51. Establishment of Takaful TAIB Sdn Bhd
  52. Conversion of International Bank of Brunei to Islamic Bank of Brunei (IBB)
  53. Establishment of Perbadanan Tabung Amanah Islam Brunei (TAIB)