Bank Islam Brunei Darussalam Berhad (BIBD) reaffirmed its role as Brunei Darussalam’s trusted partner in nation building at its Annual General Meeting 2026 (AGM), highlighting sustained financial resilience, strategic transformation and meaningful contributions towards the nation’s economic and social development.
The AGM was chaired by Yang Berhormat Dato Seri Setia Awang Haji Ahmaddin bin Haji Abdul Rahman, Coordinating Minister for Social Policies and Manpower, Minister of Home Affairs, and Chairman of the BIBD Board of Directors, and attended by members of the Board of Directors, Shariah Advisory Body, management team and shareholders.
During the AGM, it was highlighted that in 2025, the BIBD Group recorded a net profit of B$121.6 million, reflecting the strength of its business model, disciplined execution and commitment to deliver sustainable value to its stakeholders. The BIBD Group also maintained its A- (Stable) credit rating from S&P Global Ratings, which it has retained since 2015, underscoring its financial resilience, sound governance, strong capital position and prudent risk management.
The BIBD Group’s balance sheet remained robust, reinforcing its position as a trusted financial partner and a key contributor to the nation’s economic development. The total assets increased to B$11.39 billion, while customer deposits grew to B$8.62 billion, reflecting the continued confidence placed in the BIBD Group by its customers and stakeholders. Supported by prudent governance and risk management practices, BIBD Group remains well-positioned to support sustainable growth across the economy. Guided by the principles of Maqasid Syariah and aligned with the aspirations of Wawasan Brunei 2035, BIBD remains focused on creating long-term value for its shareholders, customers, communities and the nation. Anchored by its philosophy of being “Bruneian at Heart”, the Bank continues to pursue growth that is responsible, inclusive and sustainable while contributing to the long-term prosperity of Brunei Darussalam.
Commenting on the Bank’s performance and outlook, Yang Berhormat Dato Seri Setia Awang Haji Ahmaddin bin Haji Abdul Rahman, Chairman of the BIBD Board of Directors, said: “Our performance reflects the trust that customers, shareholders and stakeholders continue to place in BIBD. Guided by Maqasid Syariah and aligned with Wawasan Brunei 2035, we remain focused on creating sustainable value while supporting the nation’s economic and social development.”
“While we are encouraged by the progress achieved, we recognised that the environment in which we operate is becoming increasingly dynamic and complex. Technological disruption, evolving customer expectations, economic uncertainty and sustainability considerations require us to continuously adapt and strengthen our capabilities. As an Islamic financial institution, we measure success not only through financial performance, but also through the positive impact we create for our customers, communities and the nation. Guided by our values, we remain committed to responsible growth, strong governance and meaningful contribution, ensuring that BIBD continues to serve Brunei Darussalam with integrity, humility and purpose.”
As the financial services landscape continues to evolve, BIBD remains focused on accelerating its digital transformation journey through strategic investments in technology, innovation and automation to enhance customer experience, operational resilience and service delivery.
Through initiatives such as USMS bill payments and OTP delivery via WhatsApp, BIBD has simplified customer journeys, expanded accessibility and enhanced convenience across its services.
BIBD also strengthened its innovation agenda through automation initiatives that are estimated to generate over 4,600 hours of annual time savings, while advancing business-led automation projects and evaluating emerging technologies such as Artificial Intelligence (AI), Machine Learning and Data Science to improve operational efficiency and customer value.
BIBD recognizes that innovation begins with its people and continues to invest in developing local talent and strengthening internal capabilities to drive sustainable growth and transformation. A key milestone during the year was the successful organisation of a Bank-wide Hackathon, which certified 25 Citizen Developers and further strengthened digital capabilities across the organisation.
During the year, BIBD enhanced its cyber resilience through the successful implementation of an in-house Security Operations Centre (SOC) and attained ISO/IEC 27001:2022 certification for its Information Security Management System. BIBD also supported the broader cybersecurity ecosystem as a key supporter of the Brunei Cybersecurity Conference 2025, reinforcing its commitment to industry collaboration and cybersecurity excellence.
BIBD continues to play a strategic role in supporting Brunei Darussalam’s economic development by facilitating investments, mobilizing capital and fostering collaboration across industries.
Through partnerships with businesses, institutions and stakeholders, BIBD contributes to initiatives that stimulate growth, strengthen competitiveness and enhance economic resilience, supporting a more dynamic and diversified economy in line with Wawasan Brunei 2035.
Another key milestone during the year was the successful arrangement of a USD100 million Syndicated Commodity Murabaha Facility for Simpor Hibiscus Sdn Bhd, a wholly owned subsidiary of Hibiscus Petroleum. The financing demonstrates BIBD’s capability to structure and facilitate large-scale Shariah-compliant financing solutions that support strategic investments and business growth.
Beyond financing, BIBD continues to expand access to value-based investment opportunities through its Islamic wealth management offerings. During the year, the Bank strengthened its wealth management proposition with the launch of the Lion-BIBDS Islamic Enhanced Liquidity Fund in partnership with Lion Global Investors, providing customers with professionally managed, Shariah-compliant investment solutions designed to support their long-term financial goals.
BIBD continues to strengthen the nation’s entrepreneurial ecosystem, recognizing the critical role of Micro, Small and Medium Enterprises (MSMEs) in economic diversification and employment creation.
Through entrepreneurship and community development initiatives, the BIBD provides platforms that enable local businesses to grow, enhance competitiveness and access broader market opportunities. These efforts support business sustainability, generate economic opportunities and contribute to the development of a more resilient and inclusive economy.
BIBD remains committed to fostering inclusive development and strengthening community resilience through programmes that create meaningful opportunities for vulnerable and underserved groups. Through flagship initiatives such as BIBD ALAF, BIBD SEED, Projek Teduh and Projek TUNAS, the Bank continues to support education, entrepreneurship, youth empowerment and community well-being, contributing to lasting social and economic progress across the nation.
BIBD also works closely with national stakeholders through initiatives such as the Empowerment and Rehabilitation Development Programme under the Prisons Department, Ministry of Home Affairs, and the ASNAF Skills Centre under the Department of Zakat, Waqaf and Baitulmal (JUZWAB), Ministry of Religious Affairs. These initiatives help equip participants with practical skills, create economic opportunities and promote long-term self-sufficiency. These initiatives reflect BIBD’s belief that sustainable progress is achieved when individuals and communities are empowered to realize their full potential and participate meaningfully in society.
In line with the principles of Maqasid Shariah and the United Nations Sustainable Development Goals (UNSDGs), BIBD continues to embed sustainability across its strategy, operations and decision-making processes.
As part of its sustainability agenda, BIBD continued its tree-planting initiative aimed at preserving and greening the nation’s environment, while its Coral Reef Conservation Initiative promoted greater awareness of sustainable marine ecosystems and the preservation of marine resources for future generations.
The Bank’s sustainability initiatives encompass environmental conservation, responsible business practices and digitalization efforts designed to create long-term positive outcomes for society, the economy and the environment.
BIBD also continued to expand its digital-first approach through online forms, digital solutions and streamlined internal processes that improve operational efficiency while reducing paper consumption and environmental impact.
Beyond its sustainability efforts, the Bank actively represented Brunei Darussalam at key international platforms, including the International Conference on Islamic Finance and Sustainability (ICIFS) 2025, the ASEAN Forum on the Future of Finance held in Bandar Seri Begawan, and the International Islamic Economics and Finance Conference for Sustainable Development hosted at the World Bank Headquarters in Washington, D.C.
The Bank actively represented Brunei Darussalam at key international platforms, including the International Conference on Islamic Finance and Sustainability (ICIFS) 2025, the ASEAN Forum on the Future of Finance held in Bandar Seri Begawan, and the International Islamic Economics and Finance Conference for Sustainable Development hosted at the World Bank Headquarters in Washington, D.C.
Through these engagements, BIBD continues to strengthen Brunei Darussalam’s standing within the regional and global Islamic finance landscape, contributing to strategic discussions on Islamic finance, sustainability, ESG, MSME development and the future of more ethical, inclusive and resilient financial systems.
BIBD maintains internationally recognised certifications, including ISO 9001 (Quality Management Systems), ISO 22301 (Business Continuity Management Systems) and ISO 27001 (Information Security Management Systems), reflecting its commitment to global best practices in quality, operational resilience and information security. Further reinforcing its institutional strength, BIBD has maintained its A- (Stable) credit rating from S&P Global Ratings since 2015, demonstrating strong financial fundamentals, sound governance and disciplined risk management.
BIBD commitment to excellence was further recognised through several prestigious international accolades in 2025, including:
– Best Bank in Brunei and Best Bank for Corporate Social Responsibility in Brunei at the Euromoney Awards for Excellence 2025;
– Best Innovation in Retail Banking (Brunei) and Best Sustainable Bank (Brunei) at the International Banker Banking Awards 2025;
– Best Bank for Islamic Wealth Management Solutions in Brunei Darussalam 2025 at the Cambridge Islamic Funds Awards;
– Most Sustainable Financial Institution of the Year in Brunei 2025 at the Global Good Governance (3G) Awards; and
– Brunei Health and Wellness Initiative of the Year – Banking Category at the Asian Management Excellence Awards 2025.
These achievements reinforce BIBD’s reputation as a trusted, resilient and forward-looking institution that continues to uphold the highest international standards while remaining firmly guided by its values of integrity, responsibility and service.
Haji Mohammad Yusri bin Haji Wahsalfelah, Acting Managing Director and Chief Executive Officer of BIBD, said: “Our performance reflects the dedication of our people, the confidence of our customers and the strength of our long-term strategy. We recognised that the banking landscape is becoming increasingly dynamic, interconnected and technology-driven, presenting both significant opportunities and new challenges.”
“As we look ahead, our focus remains on building a stronger, more agile and future-ready organisation. We will continue to enhance our digital capabilities, strengthen resilience across our operations, deepen customer relationships and support the growth of businesses and communities throughout Brunei Darussalam. Our commitment is not simply to maintain our position, but to continuously improve, learn and evolve so that we can better serve our stakeholders and contribute meaningfully to the nation’s long-term development.”
As BIBD continues its transformation journey, BIBD remains focused on strengthening its capabilities, embracing innovation and deepening its contribution to national development. Through a balanced approach that combines financial strength, technological advancement, responsible banking and community impact, BIBD is committed to creating lasting value for all stakeholders.
In an increasingly dynamic and evolving environment, BIBD will continue to invest in its people, technology, governance and partnerships to ensure it remains resilient, relevant and future-ready.
With the vision of Bruneian at Heart, BIBD remains committed to serving the nation with purpose, creating sustainable value for its stakeholders, empowering communities and contributing to a more resilient, inclusive and prosperous future for Brunei Darussalam.
SOURCE/AUTHOR : BPRNEO BULLETIN
Venues
Audience Ceremony with Coordinating Minister for Public Affairs and Minister for Defence, Republic of Singapore
His Royal Highness receives in Audience Coordinating Minister for Public Affairs and Minister for Defence, Republic of Singapore
Congratulatory Messages on Occasion of Malaysia's 68th Anniversary of Independence Day
Congratulatory Messages on the Occasion of the Socialist Republic of Viet Nam's National Day 80th Anniversary
Registration for National Level Musabaqah Al-Qur'an Memorisation and Its Understanding 1447 Hijrah
Course Closing Ceremony, Pengiran Anak Puteri Muta-Wakkilah Hayatul Bolkiah Religious School
Tahlil Ceremony in conjunction with 50th Anniversary of Brunei Arts and Handicrafts Training Centre
Congratulatory Messages on the occasion of Kingdom of Saudi Arabia's 95th National Day
Inauguration Of Establishment of Johor Islamic Religious Council & Multaqa Ulama' Darul Ta'zim
Congratulatory Message on the Occasion of Republic of Korea's National Foundation Day
Doa Kesyukuran Ceremony in conjunction with Her Majesty Duli Raja Isteri's Birthday Celebration
Audience Ceremony with The Secretary of National Defence of the Republic of the Philippines
Khatam Al-Qur'an Ceremony in conjunction with Birthday Celebration of Her Majesty Duli Raja Isteri
Audience Ceremony with Spouse of the Chief of Staff of the Armed Forces of the Philippines
Doa Kesyukuran Ceremony in conjunction with the Birthday Celebration of Her Majesty Duli Raja Isteri
Khatam Al-Qur'an Ceremony in conjunction with the Ruby Jubilee of the Islamic Da'wah Centre
Minister of Foreign Affairs of the Lao People’s Democratic Republic Audience Ceremony
Prizes Presentation, National Preliminary Musabaqah Al-Qur'an Reading Competition for Adults
Khatam Al-Qur'am Ceremony in conjunction with the 50th anniversary of Television Services, RTB
Congratulatory Message on the occasion of the Republic of Turkiye's 102nd Republic Day
Sales Festival in conjunction with the Farmers, Livestock Breeders and Fishermen Day Celebration
Message of Condolences following the Tragic Incident of a Turkish Military Cargo Plane Crash
RB awarded 2026 APEX Four Star Major Airline & 2026 APEX Best in Seat Comfort Award for East Asia
Meeting of the Steering Committee with the Sectoral Committees for the Diamond Jubilee Celebrations
Silver Jubilee Celebration, 25th Anniversary of Yayasan Sultan Haji Hassanal Bolkiah Mosque
His Royal Highness Prince Haji Sufri Bolkiah watches Fencing Event of Islamic Solidarity Games 2025
His Royal Highness Prince Haji Sufri Bolkiah presents the Gold Medals, Islamic Solidarity Games 2025
Certification Application for Religious Teaching, Al-Qur'an, and Lectures 1st Session of 2026
Senior Minister of State, Ministry of Home Affairs Republic of Singapore Audience Ceremony
Ambassador Extraordinary and Plenipotentiary of the People's Republic of China Audience Ceremony
Senior Minister of State, Ministry of Home Affairs Republic of Singapore Audience Ceremony
Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China Audience Ceremony
Launching of Guideline Book on Addressing Harassment at the Workplace in the Public Service
Messages of Condolences following the recent fire at Wang Fuk Court Residential Complex
Congratulatory Messages on the occasion of the National Day of the Kingdom of Thailand
Nine To Four Run in conjunction with 'Ke Temburong Bisai Programme: Borneo Bike Gathering Edition'
Message of Condolences following the Terrorist Attack at Bondi Beach, Sydney, Australia
Their Majesties will attend a Get-Together Ceremony with Citizens and Residents in United Kingdom and Ireland
Get-Together Ceremony with Citizens and Residents of Brunei in United Kingdom and Ireland
Doa Kesyukuran Ceremony in conjunction with the 42nd Anniversary of Kampung Sungai Besar Mosque
Message of Congratulations on the occasion of Republic of the Union of Myanmar's 78th Independence Day
Working Visit by Ministry of Religious Affairs Delegation for the Admission of Sanah 5 Students
Exhibition Match in conjunction with Peak x UNIKLEARN Pickleball Charity Championship 2026
His Majesty will be Taking Rest, Limited Presence at National and Official Ceremonies
Sovereign's Parade Ceremony of the 24th Intake of the Officer Cadet School, Defence Academy, RBAF
Discipline and Self-Resilience are the Core of the Success of 24th Intake of Officer Cadets
Sunat Hajat Prayer, Reading of Surah Yasin and Special Doa, Brunei Darussalam Students Overseas
Official Academic Visit by Muslim Scholars Association of Malaysia at Islamic Da'wah Centre
Commemorative Products Press Conference in conjunction with Diamond Jubilee Wedding Anniversary
Brunei-Cambridge G.C.E. 'O' Level and IGCSE Examination Results for October/November 2025 Session
Agreement Signing between Warisan Shipping Line and DP World Logistics Malaysia Sendirian Berhad
Message of Congratulations on Occasion of the Islamic Republic of Iran's National Day
Tahlil Ceremony and Appointment Letter Presentation, Jubli Perak Sultan Haji Hassanal Bolkiah Mosque
Presentation of Appreciation Certificates and Apointment Letters, Selangan Mosque Takmir Committee
Distribution of His Majesty's Personal Gift of Dates, Ministry of Primary Resources and Tourism
Urgent Treated Water Pump Valve Replacement Works at Bukit Barun Water Treatment Plant Stage 4 & 5
Enforcement of Control of the Capture, Importation of Small-sized and Egg-Bearing Lobsters and Crabs
Congratulatory Message on occasion of Appointment as the New Prime Minister of the People's Republic of Bangladesh
Religious Ceremony Awaiting the Results of the Sighting of the New Moon of Ramadhan 1447 Hijrah
Temporary Half Lane Road Closure at Jalan Raja Isteri Pengiran Anak Saleha and Tungku Highway
Doa Kesyukuran Ceremony in conjunction with His Royal Highness the Crown Prince's 52nd Birthday
Doa Kesyukuran Ceremony in conjunction with the Crown Prince's 52nd Birthday Celebration
Prohibition of Offering Ramadhan Buffet for Premises that have not obtained Halal Certificate
Flag Handover Ceremony to the National Contingent competing at the 6th Asian Beach Games
Brunei's Commitment to Fostering Peace, Promoting Social Harmony & Advancing Sustainable Development
Book Launching Ceremony, Ambassador Extraordinary and Plenipotentiary of the Republic of Turkiye
Audience Ceremony with the Director-General of the Food and Agriculture Organisation of the United Nations, FAO and Delegation
38th Session of Food and Agriculture Organisation Regional Conference Launching Ceremony
Signing of Agreement between Kedai Kampung & Agrodynamics Antarabangsa Brunei Sendirian Berhad
27/04/2026 Opening of the Final of the National Musabaqah Al-Qur'an Reading for Adults 1447 Hijrah/2026
Mass Sunat Hajat Prayer in conjunction with the World Day for Safety and Health at Work 2026
Final of National Level Musabaqah Al-Qur'an Reading for Adults 1447H/2026M, Final Night
Audience Ceremony with Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia
Conferment of State Honorary Medals in conjunction with His Majesty's 79th Birthday Celebration
Establishment of Tilawah Al-Qur'an Scheme for Children as Foundation for Noble Morals and Personalities
Reading, Deepening Understanding and Expressing Internalisation of Al-Qur'an in Shaping Morals and Behavior
Appointment & Confirmation of Deputy Permanent Secretary (Policy and Management), Ministry of Health
Advance Party of Brunei Darussalam Haj Management Office meeting with Syarikat Holiday Inn Bakkah
Bilateral Meeting With His Excellency Prime Minister of the Democratic Republic of Timor-Leste
Flowmeter and Valve Replacement Works at the Agis-Agis Water Treatment Plant, Belait District
Bilateral Meeting with the President and the Vice President of the People's Republic of China
Customs Case, An Indonesian Woman possessing Cigarettes of Various Brands without a Valid Permit
His Royal Highness left Shenzhen after concluding Official Visit to the People's Republic of China
Long Service Medal Presentation in conjunction with His Majesty's 79th Birthday Celebration
Religious Ceremony while Waiting For the Result of the Moon Sighting for Zulhijjah 1447 Hijrah
Ensuring every Citizen possesses Homes that are Comfortable, Safe and of Reasonably High Quality
Establishment of the National Committee on Addressing the Impact of the Middle East Conflict
Special Titah in conjunction with the Reshuffle and Appointment of New Cabinet Ministers and Deputy Ministers 2026
His Majesty consents to Appoint and Promote the Deputy Director of Anti-Corruption Bureau as Director of Anti-Corruption Bureau
Swearing-In Ceremony for the Newly Appointed Judicial Commissioner of the Supreme Court for the Court of Appeal of Brunei Darussalam
Message of Condolences following the recent earthquake in Southern Mindanao, Republic of the Philippines
Courtesy Call by the Non-Resident Ambassador of the Republic of Azerbaijan to Brunei Darussalam
Talk Programme “Meneladani Tokoh Wanita Islam Zaman Rasulullah Shallallahu 'Alaihi Wasallam"
Congratulatory Message on the Occasion of the Republic of the Philippines' 128th Independence Day
1448 Hijrah New Year with the National Level Reading of End of Hijrah Year and Hijrah New Year Doa
His Majesty will attend the ASEAN-Russia Commemorative Summit in Kazan, Russian Federation
The Pillars to the Country's Stability, Prosperity and Resilience Must Always Be At a Strong and Secure Level
His Majesty Hope Goverment-Linked Companies Will Be Able to Contribute to a More Sustainable Economic Growth
Strengthening Religious Education and the Field of Da'wah or Propogation is Necessary
Gala Dinner in Honour of Heads of State and Government of ASEAN attending the ASEAN-Russia Commemorative Summit
Congratulatory Messages on the occasion of His Majesty King Charles III's 77th Birthday Anniversary
In Audience with the Outgoing Ambassador Extraordinary and Plenipotentiary of the United States of America to Brunei Darussalam
'Kampungku Cergas' Recreational Activity in conjunction with the National Family Day Celebration
'Quit2Win' Campaign becomes an Important Platform to Quit Smoking and Stop using Electronic Vape
BDFA Responsible for the Food Safety Services in the Tutong District and Temburong District
Maintenance Works of Mengkubau Water Treatment Plant & Cleaning Works of Bukit Ambok Water Tank
Doa Kesyukuran Ceremony in conjunction with His Royal Highness Prince 'Abdul Malik's 43rd Birthday
Giant-Sized Flag Hoisting Ceremony in conjunction with His Majesty's 80th Birthday Celebration
Kejohanan Bola Sepak His Majesty The Sultan's Cup : Memperkukuh hubungan persahabatan NBD, UK
Haj fare grant applications open; registration begins for National Maulidur Rasul celebration
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