(Bandar Seri Begawan, 19th) Brunei Islamic Bank's (BIBD) wholly owned subsidiary, BIBD Securities Sdn Bhd (BIBDS), has been awarded the "Asia Rising Star" award at the annual Best of the Best Awards 2025 by the prestigious Asia Asset Management magazine.
This award aims to recognize emerging market participants in the Asia-Pacific region that have demonstrated outstanding potential and significant achievements in a relatively short period.
This highlights BIBDS's key role in advancing Brunei's capital market development and its leadership position in Islamic financial asset management.
In addition to the "Rising Star" award, BIBDS also received several national-level awards, including "Best Investor Education Award," "Best Islamic Asset Management Company Award," "Best Islamic Bond Management Company Award," "Best Environmental, Social and Governance Award," and "Best Retail Asset Management Company Award."
These awards were announced at a recent ceremony held in Hong Kong, reflecting BIBDS's comprehensive strength in a wide range of financial services and its pursuit of excellence. The company is committed to investor education and financial literacy, which are the cornerstone of its strategy, with initiatives ranging from grassroots engagement with primary and tertiary students to providing thought leadership for institutional clients.
BIBDS also regularly publishes opinion articles, original research, and market insights, exploring global themes such as interest rate trends, geopolitical risks, and innovation sentiment analysis, further cementing its status as Brunei's premier provider of Sharia-compliant asset management.
BIBDS Managing Director Jason Wong emphasized the company's important role in developing Brunei's financial ecosystem.
He stated, "We have been actively working with regulators and clients to develop Brunei's financial services ecosystem, providing Sharia-compliant innovative investment solutions to meet both domestic and international retail and institutional market needs. These efforts are part of our broader role in supporting Brunei's Financial Sector Blueprint and our commitment to building a stronger and more inclusive capital market ecosystem."
BIBDS's product innovation is reflected in the launch of the Lion-BIBDS Islamic Enhanced Liquidity Fund in June 2024, a pioneering mutual fund co-managed with Singapore's Lion Global Investors.
This fund is Brunei's first locally managed mutual fund and the first Sharia-compliant fund registered in both Singapore and Brunei, marking a milestone in financial exports. The fund has attracted significant interest from investors by offering low-risk, highly liquid investment options. With semi-annual dividends, the yield reached 4.87% by March 2025, significantly exceeding its benchmark.
Moreover, BIBD Asset Management's global ESG Islamic Bond Strategy builds on its flagship Islamic bond product, combining strict ESG standards with Sharia compliance. This strategy systematically excludes non-compliant securities and increases holdings in companies excelling in environmental, social, and governance aspects, meeting the growing demand for sustainable and ethical investment products among investors.
With its robust Sharia governance framework, BIBDS remains at the forefront of translating this vision into actionable investment solutions. Through its leadership in Islamic asset management, investor education, and sustainable finance, BIBDS is shaping the future of Brunei's capital market and supporting the country's ambitious goal of becoming a global Islamic financial hub.
Furthermore, BIBDS is committed to developing Brunei's financial ecosystem through collaboration with regulators and clients, emphasizing financial literacy and inclusivity. This aligns with the broader mission of the Brunei Business Development Agency to empower communities and promote equitable growth. These initiatives contribute to building a resilient, diversified, and inclusive economy in line with Brunei's "Vision 2035."
This award aims to recognize emerging market participants in the Asia-Pacific region that have demonstrated outstanding potential and significant achievements in a relatively short period.
This highlights BIBDS's key role in advancing Brunei's capital market development and its leadership position in Islamic financial asset management.
In addition to the "Rising Star" award, BIBDS also received several national-level awards, including "Best Investor Education Award," "Best Islamic Asset Management Company Award," "Best Islamic Bond Management Company Award," "Best Environmental, Social and Governance Award," and "Best Retail Asset Management Company Award."
These awards were announced at a recent ceremony held in Hong Kong, reflecting BIBDS's comprehensive strength in a wide range of financial services and its pursuit of excellence. The company is committed to investor education and financial literacy, which are the cornerstone of its strategy, with initiatives ranging from grassroots engagement with primary and tertiary students to providing thought leadership for institutional clients.
BIBDS also regularly publishes opinion articles, original research, and market insights, exploring global themes such as interest rate trends, geopolitical risks, and innovation sentiment analysis, further cementing its status as Brunei's premier provider of Sharia-compliant asset management.
BIBDS Managing Director Jason Wong emphasized the company's important role in developing Brunei's financial ecosystem.
He stated, "We have been actively working with regulators and clients to develop Brunei's financial services ecosystem, providing Sharia-compliant innovative investment solutions to meet both domestic and international retail and institutional market needs. These efforts are part of our broader role in supporting Brunei's Financial Sector Blueprint and our commitment to building a stronger and more inclusive capital market ecosystem."
BIBDS's product innovation is reflected in the launch of the Lion-BIBDS Islamic Enhanced Liquidity Fund in June 2024, a pioneering mutual fund co-managed with Singapore's Lion Global Investors.
This fund is Brunei's first locally managed mutual fund and the first Sharia-compliant fund registered in both Singapore and Brunei, marking a milestone in financial exports. The fund has attracted significant interest from investors by offering low-risk, highly liquid investment options. With semi-annual dividends, the yield reached 4.87% by March 2025, significantly exceeding its benchmark.
Moreover, BIBD Asset Management's global ESG Islamic Bond Strategy builds on its flagship Islamic bond product, combining strict ESG standards with Sharia compliance. This strategy systematically excludes non-compliant securities and increases holdings in companies excelling in environmental, social, and governance aspects, meeting the growing demand for sustainable and ethical investment products among investors.
With its robust Sharia governance framework, BIBDS remains at the forefront of translating this vision into actionable investment solutions. Through its leadership in Islamic asset management, investor education, and sustainable finance, BIBDS is shaping the future of Brunei's capital market and supporting the country's ambitious goal of becoming a global Islamic financial hub.
Furthermore, BIBDS is committed to developing Brunei's financial ecosystem through collaboration with regulators and clients, emphasizing financial literacy and inclusivity. This aligns with the broader mission of the Brunei Business Development Agency to empower communities and promote equitable growth. These initiatives contribute to building a resilient, diversified, and inclusive economy in line with Brunei's "Vision 2035."