WEDNESDAY, April 24, 2024
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Brunei Crown Prince launches mobile app for central bank

Brunei Crown Prince launches mobile app for central bank

BANDAR SERI BEGAWAN - The AMBD Islamic Finance Showcase aims to showcase the Brunei’s milestones in Islamic finance to create an awareness of Islamic finance activities in Brunei Darussalam.

Al-Muhtadee Billah officiated the launch of the Brunei Darussalam Islamic Finance website and smartphone application, which serves as a one-stop centre for the latest Islamic finance news and information in Brunei Darussalam.

The AMBD Islamic Finance Showcase aims to showcase the country’s milestones in Islamic finance to create an awareness of Islamic finance activities in Brunei Darussalam. The showcase also highlights Brunei Darussalam’s aspiration to become an international hub for Islamic finance, which is underscored in the Brunei Darussalam Financial Sector Blueprint (2016-2025) – a document that sets out strategies that will elevate the reputation and quality of the financial sector in Brunei Darussalam.

Participating in the showcase are local Islamic financial institutions including Perbadanan Tabung Amanah Islam Brunei (TAIB) and Takaful Brunei Keluarga (TBK), as well as higher learning institutions and non-profit organisations including Universiti Brunei Darussalam (UBD), Universiti Islam Sultan Sharif Ali (UNISSA), Universiti Teknologi Brunei (UTB) and Brunei Islamic Religious Council (MUIB). Ghanim International Corporation is also participating in the showcase.

The event is held alongside the Brunei Darussalam Islamic Investment Summit (BIIS) 2017 organised by the Centre for Islamic Banking, Finance and Management. Members of the public are welcome to view the AMBD Islamic Finance Showcase.

Additionally, the Financial Intelligence Unit (FIU) Annual Report 2016 was officially launched yesterday by Prince Haji Al-Muhtadee Billah.

The inaugural report serves to promote awareness and understanding of the FIU’s functions and obligations within Brunei Darussalam’s anti-money laundering and combating the financing of terrorism (AML/CFT) regime.

To commemorate the FIU’s 10th anniversary, the report also includes highlights of FIU’s progress and achievements since its establishment in 2007.

The report is available to members of the public through the AMBD website or the AMBD app, which can be downloaded free of charge on both the App Store for iPhone users and the Google Play Store for Android users.

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