Asset Management
Brunei's first and only fully-fledged Shariah-compliant asset manager, delivering discretionary and advisory investment management to institutional clients across Brunei and international markets.
Who We Are
We envisage becoming a global player in the Islamic Asset Management industry.
Homegrown Investment Professionals
Established industry experience with deep local and regional insights.
UNPRI Signatory
First Bruneian Financial Institution to become a signatory for United Nations Principles for Responsible Investing.
ESG Commitment
Committed to integrating Environmental, Social and Governance standards across our business.
Regional Access
Local and regional insight with access to global markets.
Our Product Offerings
Comprehensive Shariah-compliant investment solutions tailored to your needs.
Global Sukuk
High conviction IG Sukuk strategy aiming to generate higher risk-adjusted returns than the Sukuk benchmark.
ESG Sukuk
Utilizing a systematic ESG filter and ESG scoring to provide ESG returns to our clients.
Liquidity Strategy
Liquidity management strategy that invests in low-duration sukuk and money market to enhance cash returns.
Multi-Asset Solutions
Using our systematic portfolio optimization model to build well diversified, risk-adjusted portfolios for our clients.
Equity
We have partnered with world class equity managers to offer a broad range of bespoke and actively managed Islamic equity strategies.
Investment Advisory
Outsourced CIO model in which we provide macro-economic research and recommended trades to our clients.
Competitive Advantage
We aim to be our clients' life-long investing partner, delivering bespoke, sustainable investment solutions at competitive cost.
BIBD Group Synergies
Our BIBD group structure allows us to tap into additional sources of expertise and connectivity with a wide range of relationships with issuers, banks and brokers.
Research-Driven
Our investment decisions are 100% research-driven allowing us to implement our high conviction, low turnover investment style.
Risk-Focused
We maintain a dynamic risk management strategy allowing flexibility to adjust high risk tolerance as circumstances change.
Islamic Expertise
As the only Bruneian asset manager, with a strong Sukuk track record of 10 years, we provide a unique perspective to the global Islamic markets.
Shariah Perspective
Shariah principles are ingrained in our investment management process.
Shariah Universe Identification
Identifying Shariah-compliant investment opportunities
Client Portfolio Construction
Building portfolios aligned with Shariah principles
Ongoing Shariah Monitoring
Continuous compliance monitoring and reporting
Our Approach
- Our investment philosophies are guided by our Shariah Advisory Body (SAB) and internal Shariah team.
- We invest in tried-and-tested Wakalah, Murabahah and Mudarabah Sukuk structures.
- Securities that have been identified as Shariah non-compliant are responded promptly.
- Screening process across all asset classes is consistent.
Shariah Advisory Body
- Our SAB is a board-level committee consisting of 3 scholars with a broad range of experiences.
- Members' experience spans capital markets, investment and product development to ensure strict compliance with Shariah principles.
- The SAB advises on all aspects of investment management, documentation, structuring and products.
Ride the Wave of Sustainable Investing
Shariah Investing and Sustainability Go Hand-in-Hand
Our ESG values are designed to create value for our Planet, Society, Family, Investors and Employees.
The Six Principles and Signatories' Commitment
As institutional investors, we have a duty to act in our beneficiaries' long-term interest - and we believe ESG factors materially affect portfolio performance.
- We will incorporate ESG issues into investment analysis and decision-making processes
- We will be active owners and incorporate ESG issues into our ownership policies and practices
- We will seek appropriate disclosure on ESG issues by the entities in which we invest
- We will promote acceptance and implementation of the Principles within the investment industry
- We will work together to enhance our effectiveness in implementing the Principles
- We will each report on our activities and progress towards implementing the Principles
Awards and Achievements
Signatory to the United Nations Principles of Responsible Investing
Asia Asset Management Best of the Best Awards 2022
Asset Triple A Islamic Finance Awards - Islamic Asset Manager of the Year
Best Application of ESG Practices (Finance) Brunei - Global Business Outlook Awards
Asia Asset Management Best of the Best Awards 2023
Meet the BIBD Asset Management Team
Jason Wong, CFA
Managing Director of BIBD Securities Sendirian Berhad (BIBDS)
Jason has been with BIBD since 2012 and is the Managing Director of BIBD Securities. He has worked across the entire Shariah asset management spectrum with over 14 years of investment management experience. He is currently the Vice President of the Brunei Capital Market Association. Prior to BIBD Securities, Jason headed the proprietary investment team of BIBD Bank and was responsible for the management of global market investments, including Sukuk (Islamic fixed income), Islamic credit-linked notes (I-CLNs) and other medium-term investments. Additionally, Jason has worked at BIBD’s Singapore representative office, BIBD’s Debt Capital Markets (DCM) team and Citi London. He holds a Master of Science in Finance and a Master of Engineering in Chemical Engineering, both from Imperial College London. Jason is a CFA charterholder.
Institutional Asset Management
Ezza Hani, CFA
Head, Institutional Asset Management
Ezza is Head of Institutional Asset Management, where she leads the firm’s institutional investment business and has played a key role in expanding its product offerings and institutional client base. With over 14 years of investment experience, she brings a broad track record spanning investment and portfolio management, fiscal reserve management, business development, and economic research. She joined BIBD Asset Management in 2020, following an eight-year tenure at the Ministry of Finance and Economy, where she served as a Portfolio Manager overseeing public and private equity portfolios, the Government’s retirement fund and fiscal reserves. Earlier in her career, she was an Economist at Brunei Shell Petroleum, gaining experience in economic analysis and the energy sector. Ezza holds a Bachelor of Science in Mathematics, Operational Research, Statistics and Economics from the University of Warwick and is a CFA charterholder.
Liyana Jamain, CFA
Lead Portfolio Manager (Fixed Income)
Liyana has over 10 years of financial industry experience spanning central banking, economic research and investment management. She has been serving BIBD Asset Management as a Fixed Income Portfolio Manager, following her role as an economist at the Brunei Darussalam Central Bank, where she worked on national indices, economic forecasting models and banking-sector policy. She holds a Master’s in Comparative Economics and Policy and a Bachelor of Science in Mathematics with Economics, both from University College London.
Farah Amer Hishamuddin
Senior Credit & ESG Analyst
Farah has over 5 years of investment experience, specialising in credit and ESG analysis. Since joining BIBD Asset Management as a Credit Analyst in January 2021, she has focused on Sukuk issuer credit assessments and global macroeconomic research, while also serving as the firm’s ESG Specialist. She holds a first-class Bachelor of Science in Economics and Econometrics from the University of Bristol, and an ESG Investing Certificate from CFA Institute.
Nabil Sabli
Credit Analyst
Nabil has over 2 years of financial industry experience across institutional banking and investment management. He began his career as a Graduate Apprentice at Baiduri Bank in May 2024 before becoming a Credit Analyst within its Institutional Banking department, where he worked on loan syndications. In July 2025, he joined BIBD Asset Management as a Credit Analyst. He holds a Master of Science in Management from Queen Mary University of London and a Bachelor of Engineering in Petroleum Engineering from the University of Leeds, UK.
Capital Markets Advisory
Adilah Abu Bakar, CFA, FRM, CAIA
Head, Capital Markets Advisory
Adilah is the Head of Capital Markets Advisory at BIBD Securities Sdn Bhd (BIBDS), where she works with corporates to develop tailored funding solutions through the capital markets, including Sukuk. Adilah began her career with the Brunei Darussalam Central Bank (BDCB) in 2013, where she spent ten years in roles spanning reserve management, investment performance measurement, risk management and financial sector development. In 2023, she joined BIBD Asset Management as Lead Portfolio Manager before assuming her current role as Head of Capital Markets Advisory at BIBDS. She is passionate about advancing Brunei's capital markets by developing practical and innovative financing solutions, with a particular interest in sukuk, Islamic finance and fostering a vibrant domestic debt capital market. Adilah holds a Master of Science in Asset and Wealth Management from Nanyang Technological University (NTU), Singapore, and a Bachelor of Science in Business Mathematics and Statistics from the London School of Economics and Political Science (LSE), United Kingdom. She is a Chartered Financial Analyst (CFA) Charterholder, a Chartered Alternative Investment Analyst (CAIA) Charterholder, and a Certified Financial Risk Manager (FRM).
Janice Tieng
Research & Investment Analyst
Janice has over six years of investment experience, with a background spanning investment analysis, market research and, more recently, capital markets advisory. She began her investment career at Darussalam Assets in 2020, where she worked across investment analysis and portfolio-related initiatives, before joining BIBD Securities in 2025. In her current role, she supports the structuring and execution of capital markets transactions, with a particular focus on Sukuk. Janice holds a Master of Science in Business Analysis and Strategic Management from the University of Manchester and a First Class Bachelor of Science in Quantity Surveying from the University of Reading.
Contact Us
BIBD Asset Management
Level 1, Kompleks Setia Kenangan, Kg Kiulap, Bandar Seri Begawan, BE1518, Brunei Darussalam
+673 2238181bibdassetmanagement@bibd.com.bn