Asia Financial Services

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With a strong Islamic banking sector, a growing Islamic insurance (takaful), industry and an expanding market for Islamic bonds (sukuk), Brunei Darussalam has recently been drawing much attention internationally as a centre for Islamic financial services (IFS). Indeed, Brunei Darussalam is now amongst the nine countries worldwide...

 

Do you expect an increased use of Islamic financial services in the short term?

 

The Sultanate’s small but solid banking sector has been going through some significant changes in recent times. Consolidation has led to fewer lenders, a process that is likely to continue, while at the same time those banks that do remain are some of the best resourced in the region. Indeed, Brunei Darussalam’s banks have high levels of...

 

What do you see as the distinguishing characteristics of the banking landscape in South Asia?

 

Does the local banking sector have opportunities to finance large-scale projects?

 

How can Brunei Darussalam’s economy best take advantage of the upcoming establishment of a local stock exchange?

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