Islamic Financial Services

Islamic banking and insurance, or takaful, are becoming the dominant forms of banking and insurance, and inbound foreign investments are increasingly channelled into Islamic markets. The Sultanate’s largest bank is an Islamic lender, dominating the domestic market as well as developing into an international player in Islamic finance. The rise of takaful has been aided by strong support from the government and close relationships with local Islamic banks.

This chapter contains an interview with Javed Ahmad, Managing Director, Bank Islam Brunei Darussalam.