Brunei: Second Islamic capital market conference in June

BANDAR SERI BEGAWAN, May 15 (Borneo Bulletin/ANN): The second Brunei Darussalam Islamic Capital Market Conference (BICAM) will take place on June 2-3, said the Brunei Institute of Leadership and Islamic Finance (BILIF) has announced in a statement.

The conference is organised with the collaboration of the International Centre for Education in Islamic Finance (INCEIF), Malaysia and the support of Autoriti Monetari Brunei Darussalam (AMBD).

It will also be held during the first week of the Brunei-Mid Year Conference and Exhibition (MYCE), an event organised by the Ministry of Primary Resources and Tourism (MPRT), with the theme ‘Islamic Week’.

The conference objectives include discussing issues and challenges in the development of the Islamic capital market, especially in the context of Brunei Darussalam as well as strategies in promoting resiliency, sustainability and inclusivity of an Islamic capital market ecosystem, said BILIF. Participants will also have the opportunity to understand other countries’ experience on the impact of capital market growth on the economy, said the organisers.

The organisers said that BICAM 2021 supports the Brunei Darussalam Financial Sector Blueprint’s (FSBP) 2016-2025 objective of promoting the local capital market sector on both regional and global levels. Due to the global COVID-19 pandemic, BICAM 2021 will be conducted as a hybrid event.

Local speakers and participants will attend the conference physically, while international speakers and participants will be joining virtually.

Organisations presenting at the this conference are AMBD; Universiti Brunei Darussalam (UBD); INCEIF, Malaysia; Islamic Research and Training Institute (IRTI), Saudi Arabia; and International Monetary Fund (IMF), United States. Topics that will be deliberated include Building an Innovative and Sustainable Islamic Capital Market; Intersections between Islamic, Green and Sustainable Finance: Issues and Challenges; Breaking through the Halal Market: Opportunities and Challenges; and Viability of Islamic Social Finance as Instruments of Economic Growth. - Borneo Bulletin/ANN