• Flexible installment payments
  • Extended repayment period, up to a maximum of 12 years
  • Grace period for repayments, according to the duration of your chosen course

Shariah Concept

  • The Shariah concept applicable is Tawarruq
  • Tawarruq, also known as Reverse Murabahah, refers to the process of purchasing a commodity for a deferred price determined through Musawama (bargaining) or Murabaha (mark-up sale), and selling it to a third party for a spot price so as to obtain cash.


  • Brunei Citizens and Permanent Residents
  • Individuals between the age of 18 and 65 years (Terms & Conditions apply)
  • Employment:
    • Government employees
    • Semi-Government employees

Required Documents

  • Original copy of Identity Card
  • Original copy of latest Salary Slip
  • Confirmation of Salary / Pension / Service Contract (where applicable)
  • Statement of Savings with other financial institution (where applicable)
  • Letter of Acceptance or confirmation of enrolment from the Educational Institution
  • Letter of approval from the Brunei Government

Fees and Requirements

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.