Brunei Darussalam Capital Market Development Seminar Series: An Introduction to Sukuk Issuance
**Brunei Hosts Seminar to Boost Sukuk Market Development** Brunei Darussalam organized a capital market development seminar on 12 August 2026 to promote sukuk issuance as an alter
Source: Brunei Ministry of Finance and Economy · August 13, 2026 at 10:37 AM · AI-assisted report
KUALA LUMPUR, 13 AUGUST 2026 —
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**Brunei Hosts Seminar to Boost Sukuk Market Development**
Market Impact
Brunei Darussalam organized a capital market development seminar on 12 August 2026 to promote sukuk issuance as an alternative financing tool. The event, titled *Brunei Darussalam Capital Market Development Seminar: An Introduction to Sukuk Issuance*, was held at Mulia Hotel Brunei in Bandar Seri Begawan and drew nearly 100 participants, including policymakers, regulators, and representatives from government-linked companies (GLCs) and private corporations.
The seminar was jointly organized by the Credit Guarantee and Investment Facility (CGIF)—an Asian Development Bank (ADB) trust fund—in partnership with Bank Islam Brunei Darussalam (BIBD) and the International Capital Market Association (ICMA). It was supported by Brunei’s Ministry of Finance and the Brunei Darussalam Central Bank (BDCB). The session aimed to deepen understanding of sukuk as a Shariah-compliant financing instrument and outline the local issuance process, including key regulatory and Shariah considerations.
During the opening remarks, CGIF Chief Executive Officer Noriko Nasu underscored the need for stronger collaboration among policymakers, regulators, financial institutions, and market players to develop Brunei’s corporate sukuk market. The seminar also stressed converting knowledge into action to build a more dynamic and resilient local-currency sukuk market in the country.
Guest of Honour Haji Asrul Adrain bin POKSPDSS Dr. Haji Ahmad, Permanent Secretary (Fiscal), echoed this call, highlighting the importance of collaboration, capacity building, and broader corporate participation in strengthening Brunei’s capital market ecosystem.
The seminar included a case study on a successfully guaranteed and executed sukuk issuance in the region, offering practical insights into the process. Discussions also covered the sukuk issuance framework at the local level, including Shariah compliance requirements. In closing, CGIF Vice President Operations Anuj Awasthi reaffirmed the organization’s commitment to supporting alternative financing through credit guarantees across the ASEAN+3 region, aligning with its mandate to deepen local currency bond and sukuk markets.
The event reflects Brunei’s ongoing efforts to diversify its financing sources and develop its Islamic capital market. While the immediate market impact remains to be seen, the seminar signals growing institutional support for sukuk issuance in Brunei. Industry observers note that successful regional precedents and strong regulatory backing could pave the way for more corporate sukuk offerings in the future.
Details on follow-up initiatives or specific sukuk issuance plans were not disclosed in the announcement.
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