Bank Islam Brunei Darussalam (BIBD) Selects to Support Capacity Building Efforts

Bank Islam Brunei Darussalam (BIBD) Selects to Support Capacity Building Efforts
Copy URL

London, 25 January 2021: 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.”