Brunei Darussalam

Baroness Warsi Visits Brunei

by Reedz on April 20, 2014


Baroness Warsi

Senior Minister of State at the Foreign and Commonwealth Office and Minister for Faith and Communities at the Department for Communities and Local Government, The Rt Hon Baroness Warsi had a number of public engagements to promote Islamic finance, education and training in the UK to relevant Bruneian individuals and academic institutions. The Minister also had the opportunity to visit the Sultan Omar Ali Saifuddien Mosque and had a meeting with the State Mufti, Pehin Datu Seri Maharaja Dato Paduka Seri Setia (Dr) Ustaz Hj Awg Abdul Aziz.

Baroness Warsi hosted a roundtable discussion with staff and students from Universiti Islam Sultan Sharif Ali (UNISSA) and Sultan Omar ‘Ali Saifuddien Centre for Islamic Studies (SOASCIS), Universiti Brunei Darussalam. Also present at the roundtable were British High Commissioner H.E. David Campbell and Deputy High Commissioner Sunny Ahmed.

DSF4256

Baroness Warsi sought to enhance contacts between Brunei and UK academic institutions, including on Sharia implementation. The Minister highlighted that the UK is a global leading provider of sector specific education and research with world class academic institutions offering a range of specialist courses and qualifications in Islamic finance.

Baroness Warsi then attended an Islamic Finance focused dinner hosted by the British High Commissioner to Brunei, H.E David Campbell. Guests included Deputy Minister of Finance Dato Paduka Awang Haji Bahrin bin Abdullah, Deputy Minister at the Prime Minister’s Office Dato Paduka Haji Ali Hj Apong, Bruneian Global Islamic Finance and Investment Group member Mr Javed Ahmed and others from the government, banking and academic sectors.

Baroness Warsi explored opportunities for UK and Brunei collaboration within Islamic finance, education and training with guests at the dinner. The Minister also highlighted UK’s Islamic finance activities and investment opportunities. The UK has been providing Islamic financial services for over 30 years and Government policy over the last decade has created a fiscal and regulatory framework that encourages the growth of Islamic finance.

More than 20 international banks operating in the UK are working in Islamic finance. Six of these are fully Sharia compliant, more than any other country in Europe. British banks are also active in the international Sukuk market. Global Sukuk issuance in the first quarter of 2012 was US$43.3 billion, almost half the total for the whole of 2011 with UK banks playing a major role. Domestic banks are also meeting the demand for Islamic finance services through the expansion of their Islamic finance offering.

DSF4201

Islamic finance is increasingly being used in major infrastructure projects in the UK such as The Shard of Glass, the Olympic Village and the redevelopments of Chelsea Barracks and Battersea Power Station. There is potential for further funding of the UK’s infrastructure requirements given the Government’s positive and progressive attitude towards Islamic finance.

The UK is a global leading provider of sector specific education and research, and Durham University is just one of the UK’s World class academic institutions offering a range of specialist courses and qualifications in Islamic finance.  Cardiff Metropolitan University and the Islamic Banking and Finance Centre UK work in partnership to address the educational and training needs of professionals and institutions across the globe. Islamic finance is a key research interest at the Oxford Centre for Islamic Studies, and the Centre also organises annual conferences on Islamic finance in cooperation with the Securities Commission, Malaysia.  Aston Business School, Bangor Business School, Cambridge Judge Business School at the University of Cambridge and the London School of Business and Finance also offer a range of courses in Islamic Finance at different levels.

Enhanced by Zemanta

{ 1 comment }

Win a trip to Brazil with Baiduri Bank Visa!

1 April 2014

In conjunction with the 20th FIFA World Cup that will take place from 12 June to 13 July 2014, Baiduri Bank is offering its Visa cardholders a chance to catch the final match live in Brazil for free. The ‘Win a Trip to the Final Game of 2014 FIFA World CupTM’ promotion, which commenced on […]

Read the full article →

A French Exhibition in Brunei Darussalam

30 March 2014

Have a very French affair right here in Brunei! From the magnificent tourist destinations, unforgettable gastronomic experience to France’s industrial leadership, the French Embassy in Brunei Darussalam invites you to experience a taste of what France has to offer. “The exhibition, which will take place at Times Square Mall on April 5th, is an initiative […]

Read the full article →

Talian Darussalam 123 Launched

25 March 2014

COMPLAINTS on certain government agencies can now be made via a new hotline. The Talian Darussalam 123 was launched yesterday to handle complaints, queries and provision of information for non-emergency government services. The Talian Darussalam (Darussalam hotline) project, which commenced last September, consolidated four existing government hotlines into one dedicated service. These include the hotline […]

Read the full article →

Yasmine, Brunei’s First International Feature Film Set to Join Hong Kong and Cannes Film Festivals

18 March 2014

As one of the richest nations in South East Asia, and the fifth richest in the world according to Forbes, Brunei’s film industry is yet to be developed. With the advent of the first feature film in the modern era, YASMINE, directed by a young Bruneian woman, Siti Kamaluddin, Brunei is now venturing into the […]

Read the full article →

Brunei company stands out in Geneva competing among global players.

12 March 2014

BID Group One International Convention took place last weekend in Geneva, Switzerland. The event included the presentation of the International Century Quality ERA Awards (CQE), this year the award was held at the InterContinental Convention Center, Geneva. Leaders of companies and institutions from 73 countries made the journey to Geneva to receive this distinction. The […]

Read the full article →

Burger King Opens in Brunei!

24 February 2014

Brunei Darussalam – February 24, 2014 – Burger King Worldwide, Inc. (NYSE: BKW) is proud to announce the opening on Tuesday February 25, 2014 of one BURGER KING® restaurant in Brunei Darussalam by the brand’s new franchisee, Sinofood Express. “Establishing the BURGER KING® brand’s presence in Brunei exemplifies our commitment to strengthen our global restaurant […]

Read the full article →

Negaraku Brunei Darussalam – 30th National Day

23 February 2014

On the eve of our beloved country’s 30th National Day, I penned this in a rather melancholy state of mind but it sums up my hopes and aspirations for my beloved country moving forward… I love my country. Passionately. It used to be a land of tolerance and friendship. Of harmony between the different races. […]

Read the full article →

Royal Brunei Unveils New Uniforms for Crew

22 February 2014

ROYAL Brunei Airlines (RB) yesterday unveiled new “heritage-inspired” uniforms for its cabin crew, as the latest phase of the national carrier’s re-branding programme. The uniforms incorporated songket patterns for the female crew and Malay-style shirts for the males, among other features that reflected the re-branding programme’s aim “to share the unique culture of Brunei with […]

Read the full article →

Starbucks Opens its First Store in Brunei

16 February 2014

The grand opening of the first Starbucks in Brunei was officiated by Her Royal Highness Pg Anak Isteri Pg Anak Hjh Zariah and the management of Berjaya Food Sdn Bhd and Starbucks at the bustling hub of the Mabohai Shopping Complex yesterday. More than 200 enthusiastic and excited Starbucks fans, including its 100 digital followers […]

Read the full article →

School level winners compete Dragon’s Den Style for National BUBA Award

12 February 2014

On Tuesday 11 February 2014, the school level winners of the BUBA Awards presented their business plan ideas at the British High Commission today in front of a panel of four judges in a Dragons’ Den style session. The theme for the 2013/2014 BUBA Awards is ‘Entrepreneurship.’ Seven sixth form schools took part in the […]

Read the full article →

Gong Xi Fa Chai 2014

31 January 2014

Wishing everyone a Happy Chinese New Year!

Read the full article →

Blogging 101: So You Want to Start a Blog?

28 January 2014

See on Scoop.it – Aspiring Outliers Starting a blog has never been easier — but with all the social media, CMSs and techie lingo out there, it can be a tough path to navigate at first. One of the most important things you’ll need to do as a blogger is to constantly remind yourself to […]

Read the full article →

BIBD Securities Holds Investors Seminar

18 January 2014

BIBD Securities, a wholly owned subsidiary of BIBD, hosted an Investors Seminar at the Indera Kayangan Hall at the The Empire Hotel & Country Club. At the event was Chairman of BIBD Securities and Managing Director of BIBD, Yang Mulia Javed Ahmad and Managing Director of BIBD Securities and Head of Institutional Banking, Yang Mulia […]

Read the full article →

2013 in retrospect…

1 January 2014

Wow, how quickly time flies. We’re about to say goodbye to 2013. Its been quite an eventful year for me.  Bittersweet to say the least… A lot of sweet moments which I am grateful for, alhamdulillah… the bitter moments I take as a lesson from above, alhamdulillah… Looking forward to a wonderful year ahead full […]

Read the full article →

Six social-media skills every leader needs | McKinsey & Company

16 December 2013

See on Scoop.it – Aspiring Outliers It takes guts to innovate radically in leadership and organization, for legacy systems, cultures, and attitudes are powerful forces of inertia. Fortunately, the inherent quality of social media is a powerful transformational force. Social-media engagement will confront leaders with the shortcomings of traditional organizational designs. Leaders who address these […]

Read the full article →

Why The Ones Who Have Bad Grades Are Often The Ones Who Are Most Successful | Elite Daily

15 December 2013

See on Scoop.it – Aspiring Outliers This is an ode to all students who have ever gotten B’s, C’s, D’s (and sometimes even failed). It’s a declaration to the kids who calculated the exact number of points they needed to get on their finals in order to pass. For years, society has placed a disgustingly […]

Read the full article →

Guide to Social Media Advertising: Infographic

2 December 2013

See on Scoop.it – Aspiring Outliers With social media ad revenues expected to grow to $11 billion dollars by the year 2017, social advertising has become a huge topic of interest amongst marketers.  In fact, Facebook alone is expected to make close to $1 billion from its mobile ad revenue in 2013, according to the latest […]

Read the full article →

BIBD CE-ALAF a remarkable success

24 November 2013

Over 6000 participants flooded the Hassanal Bolkiah National Stadium in the morning to show their overwhelming support for BIBD’s flagship event for its ALAF programme, the Charity Expedition (CE) for ALAF 2013. The event started the night before with the BIBD Midnight Marathon which had a selected group of 25 contestants running a full 42km […]

Read the full article →

BIBD Announces CE-ALAF 2013 Main Sponsors and Itinerary

19 November 2013

BIBD today announced Fajr Capital Limited as a Platinum Sponsor and Syarikat Takaful Brunei Darussalam and its subsidiaries and Silverlake Axis Sdn Bhd as Silver Sponsors for the upcoming BIBD CE-ALAF 2013 event. It was also announced that Royal Brunei (RB) would be sponsoring return air tickets for the competitive Half Marathon (21km) Bruneian Category […]

Read the full article →

The Growth of Social Media v2.0 [INFOGRAPHIC]

17 November 2013

See on Scoop.it – Aspiring Outliers In August 2011, Search Engine Journal published an infographic on the Growth of Social Media. Today, over 2 years later, we’ve created an updated version. See on www.searchenginejournal.com

Read the full article →

BIBD opens new branch in Seria

14 November 2013

In further efforts to deliver a truly ‘Bruneian at Heart’ banking experience, BIBD today launched another branch, in line with the signature image that the bank has embraced. All BIBD patrons can now visit the new BIBD Panaga Branch, BIBD’s latest addition to its fleet of branches carrying its signature image, located at Unit 2 […]

Read the full article →

BIBD Wins Annual BAB Netball Tourney

11 November 2013

On Sunday, 10th November 2013, BIBD Team A emerged as champions of the Brunei Association of Banks (“BAB”) annual Inter-bank Netball Tournament, which was organised by the BIBD Netball Club. The BIBD Team A successfully defended their title which they also won last year. A total of five teams participated consisting of two teams from […]

Read the full article →

How much is twitter worth (to small businesses)?

10 November 2013

See on Scoop.it – Aspiring Outliers Today the third major social network is becoming a public company. As with all major IPO’s, we will read a lot of diverse and conflicting opinions on its valuation: to some Twitter will be an overpriced money-losing startup, to others it will be the next major player of the […]

Read the full article →

Do you have what it takes to be a Chevening Scholar?

9 November 2013

Applications close on Friday 15 November – APPLY NOW! Calling all talent who want to further their career by achieving a prestigious Master’s degree from any of the UK’s leading universities! Applications for 2014/15 Chevening Scholarships will close at midnight (GMT) on Friday 15 November. There is still time to apply for a 2014/15 Chevening […]

Read the full article →

Baiduri Bank Rewards Mobile Banking App Users

8 November 2013

To mark the introduction of the Baiduri i-Banking mobile app in June 2013, Baiduri Bank launched a 6-month campaign to encourage customers to download the app and utilize it, with attractive prizes to be won. During the campaign, customers were automatically entered into the draw each time they carried out a transaction using the app. […]

Read the full article →

Salam Ma’al Hijrah 1435

4 November 2013

The Hijri New Year, also known as Islamic New Year is the day that marks the beginning of a new Islamic calendar year, and is the day on which the year count is incremented. The first day of the year is observed on the first day of Muharram, the first month in the Islamic calendar. […]

Read the full article →

Guest Blog – Fatin’s Chevening Adventure

28 October 2013

Fatin Arifin is the recipient of the 2013/14 Chevening Scholarship in Brunei. She is currently studying MSc Emerging Economies & International Development at King’s College London. “You are provisionally selected as our Chevening candidate for 2013/14!” From receiving that email in the first week of May to leaving in September, everything in between was pretty […]

Read the full article →

Get One Step Closer To Your Dream Home At The BIBD Home Showcase

25 October 2013

BIBD today organised its 3rd Home Showcase event at the The Mall, Gadong which was held to highlight all of BIBD’s Home Financing packages to BIBD customers along with BIBD’s various partners in the home building and renovation industries. The Guest of Honor at the event was Yang Mulia Dayang Hajah Normah Suria Hayati Binti […]

Read the full article →

5 key social media takeaways (INFOGRAPHIC)

22 October 2013

See on Scoop.it – Aspiring Outliers Vehr Communications recently released their 2013 Social Media Usage Survey; learn more about the 5 key social media takeaways in this infographic.   See on www.vehrcommunications.com

Read the full article →

Where Social Media Use is Growing the Most (Infographic)

18 October 2013

See on Scoop.it – Aspiring Outliers Every year, in every continent around the globe, more people are using social media to interact. Nearly 1 in 4 people in the world now use social networks. By 2016, eMarketer predicts that 2.55 billion people worldwide will use social networks. Top areas of growth? India, Indonesia, Mexico, China […]

Read the full article →

Royal Brunei launches a Betterfly

13 October 2013

Royal Brunei Airline’s eight-year wait for its new fleet of Boeing 787 Dreamliners ended with unbridled glamour and celebration in a grand ceremony last night which saw key stakeholders launching Royal Brunei’s first of five planned aircraft in a hangar just off the Brunei International Airport. YB Minister of Communications jointly launched the aircraft with […]

Read the full article →

BIBD Reveals CE ALAF T-Shirt

5 October 2013

BIBD today revealed the official T-shirt design that will be given to all registered participants of the CE-ALAF (Charity Expedition for Advocating Lifelong Learning for an Aspiring Future). The colour symbolizes BIBD new rebranding colours which are magenta and yellow. Participants who have completed their registration will receive their running T-shirts during the Race Entry […]

Read the full article →

Royal Brunei Airlines takes delivery of the first of five Dreamliners

4 October 2013

Royal Brunei Airlines (RB) and Boeing have celebrated the delivery to the flag carrier of the Sultanate of Brunei of the first B787 Dreamliner aircraft powered by Rolls Royce Trent 1000 engines. This important event also signaled the first delivery by Boeing of this aircraft into the South East Asia region. The brand new aircraft departed Paine […]

Read the full article →

His Majesty greets subjects in Brunei-Muara

30 September 2013

Despite the sudden downpour, the capital was abuzz with excitement yesterday as thousands of people gathered to celebrate His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam‘s 67th birthday in the Brunei-Muara District. The crowds stood unabated in a line, stretching from Taman Sir Muda Hj Omar ‘Ali Saifuddien (SOAS) to Lapau, when brief […]

Read the full article →

Gerai Perayaan Hari Keputeraan

25 September 2013

Sambutan Ulang Tahun Hari Keputeraan Kebawah Duli Yang Maha Mulia Paduka Seri Baginda Sultan dan Yang Di-Pertuan Negara Brunei Darussalam sememangnya dinanti-nantikan oleh rakyat dan penduduk di negara ini termasuk para peniaga. Ini memandangkan setiap kali tibanya musim perayaan bagi sambutan tersebut akan diadakan gerai-gerai perayaan bagi mereka yang berminat dalam bidang perniagaan sama ada […]

Read the full article →

Jerudong Park Launches Revitalization Program

21 September 2013

A doa selamat ceremony was held yesterday at the Jerudong Park Country Club (JPCC) playground to mark the first in a series of projects to revitalize jerudong Park Playground. The project includes the construction of a mini golf attraction, featuring a landscaped 21 holes designed by Craig Bartlett, a world class mini golf designer from […]

Read the full article →

Ignite Entrepreneurship Challenge 2013

20 September 2013

What it is? Discover what it really takes to launch a start up! Enter the $20k challenge to identify, nurture and showcase emerging ICT entrepreneurs. Gain one of a kind start-up learning experience and emerge better to bring your entrepreneurial vision to light! The competition Ignite Entrepreneurship Challenge is a rebrand of the previous Ignite […]

Read the full article →