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Brunei's finance sector is having a party! With a whopping 37.4% growth in Q4 2023, the Islamic finance sector is the life of the fiesta, holding 57.2% of the market share! The banking sector is also dancing with a 33.9% surge, and Takaful and insurance are doing the cha-cha with a 144.6% growth. It's a financial fiesta, folks!

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Thinking.. 🤔

Information

Borneo Bulletin Article

Published on 12th June 2024

Brunei's finance sector experienced significant growth in Q4 2023, with a 37.4% increase driven by the booming Islamic finance sector. Islamic finance contributed 57.2% to Brunei's financial market share, totaling BND13.3 billion. The banking sector saw a surge of 33.9% due to high interest and profit rates, while Taka...

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