8220;We are proud that it was this particular project with Bank Islam Brunei Darussalam
that won the approval of the judges.
24 June 2010 - Fajr Capital is holding discussions to buy a minority interest in Bank Islam Brunei Darussalam
, the Islamic investment company's managing director, Rafe Haneef, told Reuters by phone yesterday.
Bank Islam Brunei Darussalam
is joint lead manager, according to a banker.
Brunei-based Bank Islam Brunei Darussalam
(BIBD), believed to be the largest bank and flagship Islamic financial institution in the nation, has signed an agreement with India-based Ramco Systems, an IT solutions provider.
4 times oversubscribed with 90 orders in the order book run by the mandated lead arrangers HSBC, Deutsche Bank, BNP Paribas and the two co-lead arrangers, CIMB of Malaysia and Bank Islam Brunei Darussalam
BNP Paribas, Deutsche Bank and HSBC are lead managers for the issue, with Bank Islam Brunei Darussalam
and CIMB acting as co-leads.
Syed Alwi bin Syed Abdillah Alkaff, Assistant General Manager, Corporate Finance and Advisory , Bank Islam Brunei Darussalam
, Brunei Darussalam
Imran Samee, Head of Consumer Banking Division at Bank Islam Brunei Darussalam
, presented the case study Brunei on Islamic Retail Banking, emphasising on reposition, distribution and risk management issues.
Albaraka Turk Katylym Bankasy has mandated ABC Islamic Bank, Al Hilal Bank, Bank Islam Brunei Darussalam
Berhad, Emirates NBD Capital, Noor Islamic Bank and Standard Chartered Bank (together the Initial Mandated Lead Arrangers and Bookrunners) to arrange a $250 million equivalent dual-currency syndicated Murabaha financing facility on its behalf.
Fajr Capital's stake in Brunei's largest bank and flagship Islamic financial institution, Bank Islam Brunei Darussalam
(BIBD) is the frim's first investment.