Event

HALF DAY CONFERENCE ON “ISLAMIC FINANCE – A COOPERATIVE APPROACH TO PRIVATE INFRASTRUCTURE DEVELOPMENT”

On 15 September 2003, the Ministry of Finance, in co-operation with the Emerging Markets Partnership (Brunei) Ltd and Islamic Development Bank, Jeddah hosted a half day conference entitled “Islamic Finance – A Cooperative Approach to Private Infrastructure Development”. This conference was organized in order to increase awareness on Islamic Financial products, to promote Islamic Financing as a viable way to for infrastructure projects funding and to correct the misconception of Islamic Finance being linked to undesirable or illegal activities. It was also an opportunity for BIFC to promote itself as a primary financial centre for both conventional and Islamic financial products. Presentations were given by HE Dr Ahmad Mohamed Ali, President, Islamic Development Bank of Jeddah; Dr Rifaat Ahmad Abdel Karim, Secretary General, Islamic Financial Services Board (IFSB); Mr Mumtaz Khan CEO, Emerging Markets Partnership (Bahrain) E.C; Mr Abdul Rais Abdul Majid, CEO, International Islamic Financial Market and Mr A. Robert Miller, Head of Supervision, Brunei International Financial Centre. The event was well attended by members of the Government Departments and Ministries, Banks, Corporate Organisations, CFMM 2003 Delegates, Embassies & High Commissions.

The Brunei International Financial Centre, Ministry of Finance, on 15 September 2005, organized a seminar entitled “Fund Management Opportunities in Brunei”, at the Ministry of Finance Theatre, Commonwealth Drive, Brunei Darussalam. The main objective of the seminar was to explore and discuss opportunities of fund management business as well as the related regulatory environment in the country. The seminar mainly focused on presentations by the BIFC and was attended by Ministry of Finance departments, senior Bank representatives and Corporate Organizations.