Assalamualaikum Warahmatullahi Wabarakatuh
BISMILLAHIRRAHMAANIRRAHIIM

Alhamdulillahi Rabbil ‘Aalameen, Wassalaatu Wassalaamu ‘Alaa
Sayyidinaa Muhammadin, Wa’alaa Aalihee Wasahbihee Ajma’een,
Waba’du.

Your Royal Highness, Prince Haji Al-Muhtadee Billah Ibni His
Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, the
Crown Prince and Senior Minister at The Prime Minister’s Office as
The Chairman of Board of Directors of Autoriti Monetari Brunei
Darussalam;

Allow me Your Royal Highness, on behalf of the Organising
Committee, to express our deep gratitude and appreciation to
Your Royal Highness for having graciously consented to officially
open the Brunei Darussalam Islamic Investment Summit 2017.

Your Royal Highness’s presence is very significant and portrays
Your Royal Highness’s full commitment in the development of
Islamic Finance.

Your Royal Highness,
May I now seek your consent to address the distinguished
gathering.

Distinguished Excellencies,

Ladies and Gentlemen,

1. I would like to extend a very warm welcome to the
distinguished scholars, experts and participants attending this
Summit. Autoriti Monetari Brunei Darussalam is indeed privileged
and honoured to be a part of this major event on Islamic Finance,
the second of a series of Brunei Darussalam Islamic Investment
Summits organised by the Centre For Islamic Banking, Finance
And Management and supported by AMBD.

2. Since the last summit in 2013, technological advances,
legislative and regulatory requirements have improved and
expanded the financial infrastructure and ecosystem of Brunei
Darussalam. Earlier this year, AMBD released the Financial Sector
Blueprint providing the strategic direction for Brunei Darussalam’s
financial sector for the next 10 years to transform the country
into a hub for Islamic Finance. This aspiration is founded upon
rising financial inclusiveness and literacy as well as the
development of sophisticated and resilient human capital.

3. This summit provides an important platform for the sharing
of experience, knowledge and views on the current challenges in
Islamic Finance with special focus on its globalisation and future direction. We are privileged to have with us an esteemed group of
distinguished scholars and experts to lead and facilitate
discussion in this growing global industry.

Distinguished Guests, Ladies and Gentlemen,
4. Globalisation of Islamic finance has accelerated in the last
few decades, facilitated by the rapid pace of standardisation,
availability of information and advancement of communication
techonology. We have also witnessed the proliferation of Islamic
financial institutions, greater participation in international Islamic
financial markets, and increased cross border flows. Therefore,
the theme of this year’s summit “Globalisation of Islamic Finance:
The Road Ahead” is indeed timely, given the myriad of
opportunities and challenges.

5. Over the next 2 days, speakers, panelists and participants
will have the opportunity to deliberate on emerging issues
including the promotion of social and responsible values,
innovations in Sukuk and the digitilisation of Islamic Finance.
These issues are indeed pertinent and important in our efforts to
further develop Islamic finance in Brunei Darussalam. Insya-
Allah, participants will take home invaluable knowledge gained
from the interaction and networking during this summit.

6. At this juncture, I would like to extend my sincere
appreciation to the Centre For Islamic Banking, Finance And
Management, as well as the organizing committee, various
programme partners and relevant agencies for their hardwork,
dedication and support for this event. I would like to thank the
invited speakers and panelists who have made time in their busy
schedules to join us in this summit. Jazaka Allahu Khayr.

7. Before I conclude my welcoming remarks, I would like to
take this opportunity to express our deep appreciation and thanks
for the presence of Yang Amat Mulia Pengiran Cheteria,
Honourable Cabinet Ministers, Excellencies High Commissioners
and Ambassadors and distinguised guests to this memorable
occasion.

Your Royal Highness
May I once again humbly thank Your Royal Highness for so
graciously consenting to grace this auspicious occasion.

Wabillahittaufiq Walhidayah
Wassalamualaikum Warahmatullahi Wabarakatuh.

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