Brunei Darussalam's Ministry of Finance and Economy (MOFE), together with the Credit Guarantee and Investment Facility (CGIF), co-organised the Brunei Darussalam Capital Market Development Seminar 2025 focused on unlocking the potential for the country’s sukuk market, including corporate sukuk as an alternative financing instrument. The seminar brought together more than 150 participants from across sectors. MOFE highlighted Brunei Darussalam’s sukuk issuance track record since 2006 and pointed to scope to expand from sovereign sukuk to corporate and infrastructure issuance, supported by regional mechanisms such as CGIF credit guarantees; it also underscored roles for Government-Linked Companies, financial institutions, and regulators in building market confidence and Shariah-compliant financing opportunities. CGIF emphasised its mandate to develop local currency bond markets and expressed interest in partnering with regulators, issuers, and other market participants to support corporate sukuk issuance. The event closed with a call for collaboration among stakeholders to develop the sukuk market.
Ministry of Finance (Brunei Darussalam) 2025-10-28
Brunei Darussalam's Ministry of Finance and Economy and CGIF convene seminar to support development of the corporate sukuk market
Brunei's Ministry of Finance and Economy, with the Credit Guarantee and Investment Facility, hosted the Capital Market Development Seminar 2025 to explore the sukuk market's potential. The seminar highlighted opportunities to expand from sovereign to corporate and infrastructure sukuk, supported by regional mechanisms like CGIF credit guarantees. Participants urged collaboration among stakeholders to boost market confidence and Shariah-compliant financing.