London: IslamicMarkets Limited (“IslamicMarkets”) has announced today that Bank Islam Brunei Darussalam (BIBD), the largest financial institution in Brunei Darussalam, has adopted IslamicMarkets Enterprise solutions, signifying the platform’s growing importance in supporting institutions operating in the global Islamic economy.
IslamicMarkets’ suite of tools include online learning, financial intelligence and investing offering. As organisations around the world grapple with the aftermath of the pandemic, the company has been spearheading efforts to equip employees with the skills they need.
BIBD is committed to ensuring that its workforce is ready and able to meet the changes that will be brought on by these unprecedented times. The bank started with senior management utilizing the IslamicMarkets platform, and this has now been extended to cover all of BIBD’s 900+ employees.
Mubashar H. Khokhar, Managing Director and Chief Executive Officer of BIBD, said: “As BIBD seeks to position ourselves as the Best Islamic Bank in Asia Pacific, we strongly believe that the foundation of our success relies significantly on the quality of our human capital. To that end, IslamicMarkets has been a valuable partner in driving the digital transformation of our capacity building efforts. Over the past year and through the global pandemic, IslamicMarkets has been a great asset in supporting our employees, as well as providing timely market insights and intelligence.”
Shakeeb Saqlain, Chief Executive Officer of IslamicMarkets, said: “We are thrilled to be expanding our relationship with BIBD. As we enter a new era of digital banking, IslamicMarkets is uniquely placed to support BIBD and those operating in the Islamic economy – from knowledge development to financial intelligence and product distribution - through our global platform.”
About IslamicMarkets
IslamicMarkets.com is a leading financial intelligence and investing platform for the global Islamic economy.
With IslamicMarkets Enterprise, professionals and institutions can access a wide range of actionable content and tools from Sukuk markets and companies to comprehensive industry reports, regional project opportunities and the largest network of professionals from across the global Islamic economy.
Tailor your investment experience based around your needs and deploy the platform’s suite of learning and analytical tools to better understand opportunities in the global Islamic markets. Learn more on https://islamicmarkets.com
For more information, please contact: press@islamicmarkets.com
About BIBD
BIBD is the largest financial institution in Brunei Darussalam, leading the market in terms of assets, financings, and deposits, with a vision to become globally recognised as the benchmark Islamic Finance Institution.
BIBD is headquartered in Bandar Seri Begawan with Brunei’s largest network of branches and ATMs located strategically in all four districts of Brunei Darussalam.
BIBD is one of the safest banks in the world and holds an impressive credit rating of A- by Standard & Poor’s since 2015, the highest for a Bruneian bank and among the highest in the region. BIBD was named Bank of the Year for Brunei 2020 by The Banker. In 2019, BIBD was recognized as the “Best Managed Bank in Brunei” and “Strongest Bank in Brunei by Balance Sheet” by the Asian Banker, as well as “Best Retail Bank in Brunei” from 2013 to 2019. BIBD has also been named “Safest Bank in Brunei” by Global Finance from 2016 to 2019 and “Best Bank in Asia-Pacific for Brunei” in 2018.
For more information on any of BIBD’s other products or services, please log on to the BIBD website at www.bibd.com.bn
For more information, please contact:
Adina Hj Azahari | Corporate Communications | BIBD
E-mail: adinahazri.azahari@bibd.com.bn
© Press Release 2021
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