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28 October 2025

The Ministry of Finance and Economy (MOFE) and the Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank (ADB) co-organized the Brunei Darussalam Capital Market Development Seminar 2025: Unlocking the Potential for the Brunei Darussalam Sukuk Market on 28 October 2025 at the Rizqun International Hotel, Bandar Seri Begawan. The event brought together over 150 participants from diverse sectors to discuss the potential of corporate sukuk as an alternative financing instrument.

Delivering the opening remarks, Yang Mulia Haji Asrul Adrain bin POKSPDSS Dr. Haji Ahmad, Acting Permanent Secretary (Fiscal I), highlighted Brunei Darussalam’s strong foundation in Sukuk issuance since 2006 and the growing opportunity to expand from sovereign to corporate and infrastructure supported by regional mechanisms such as CGIF’s credit guarantees. He also emphasized the important roles of Government-Linked Companies (GLCs), financial institutions, and regulators in fostering innovation, building market confidence, and enhancing Shariah-compliant financing opportunities.

In his keynote address, Mr. Anuj Aswathi, Vice President (Operations) of CGIF emphasized the potential for Brunei Darussalam's capital markets, particularly on sukuk. CGIF's mandate is to develop local currency bond markets and CGIF is looking forward to partnering with regulators, issuers, and other capital market players towards the issuance of corporate sukuks.

The seminar concluded with a call for collaboration among stakeholders to develop a vibrant, resilient, and inclusive Sukuk market that supports national diversification, sustainable growth, and regional prosperity.

Prepared by: Ministry of Finance and Economy 

Email: fo@mofe.gov.bn 

Reference: KKW/SFO/SUK Date: 28 October 2025

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