# BIBD (Brunei Islamic Bank)

> Source: https://docs.barcoder.ai/docs/wallets/bibd
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [BIBD — official](https://www.bibd.com.bn/)

## Overview

**BIBD (Brunei Islamic Bank)** is **Brunei's largest commercial bank by assets + largest Islamic bank** + **Brunei government majority controlling via Ministry of Finance + His Majesty Sultan Hassanal Bolkiah ownership** + **Sharia-compliant banking** <sup>[1][1], [Brunei Darussalam report](https://docs.barcoder.ai/docs/payments/BN)</sup>. **2025 baseline**: BIBD Brunei's largest commercial bank by assets + largest Islamic bank.

## History

**1992 — Islamic Bank of Brunei + 2000 Islamic Development Bank Brunei founded** distinctive Brunei Islamic banking heritage.

**2005 — Bank Islam Brunei Darussalam BIBD founded via Islamic Bank of Brunei + Islamic Development Bank Brunei merger** distinctive Brunei Islamic banking consolidation.

**2014 — BIBD Mobile Banking app launch** distinctive Brunei mobile banking strategy.

## Ownership & operator

**Operating entity**: **Bank Islam Brunei Darussalam (BIBD)** (Brunei's largest commercial bank by assets + largest Islamic bank; Brunei government majority controlling via Ministry of Finance).

**Major shareholders**: **Brunei government (Ministry of Finance + Brunei Investment Agency BIA) majority controlling + His Majesty Sultan Hassanal Bolkiah Brunei royal family ownership + minority Bruneian retail + institutional investors**.

**Regulators**: **BDCB (Brunei Darussalam Central Bank) + Brunei Sharia Board** distinctive Brunei Islamic banking Sharia supervisory oversight.

## Technical integration

BIBD Mobile Banking app (iOS + Android) + bibd.com.bn online + BIBD branch network across Brunei + BIBD Visa + Mastercard + NETSPlus cards; Brunei IBAN + NETSPlus (Brunei card payment network).

## Implementations & partners

**Major Bruneian banking competitors**: Baiduri Bank (Baiduri Bank Bruneian commercial bank + non-Islamic; one of Brunei's largest commercial banks) + Bank Rakyat Brunei (Bank Islam Rakyat Brunei small Islamic commercial bank) + Standard Chartered Brunei (Standard Chartered Brunei).

**Regulators**: BDCB + Brunei Sharia Board.

## Status

**Active, Brunei's largest commercial bank by assets + largest Islamic bank + Brunei government majority controlling via Ministry of Finance + Sharia-compliant banking** <sup>[1][1], [2][2]</sup>:
- **Bank Islam Brunei Darussalam (BIBD)** since 1992 Islamic Bank of Brunei + 2000 Islamic Development Bank Brunei founding + 2005 BIBD merger founding + 2014 BIBD Mobile Banking app launch.
- **BDCB + Brunei Sharia Board regulated**.

## Sources

[1]: https://www.bibd.com.bn/ "BIBD — official"
[2]: https://en.wikipedia.org/wiki/Bank_Islam_Brunei_Darussalam "Bank Islam Brunei Darussalam — Wikipedia"
[bn-cro]: https://docs.barcoder.ai/docs/payments/BN

- [1] [BIBD — official][1]
- [2] [Bank Islam Brunei Darussalam — Wikipedia][2]
- <sup>[Brunei Darussalam report](https://docs.barcoder.ai/docs/payments/BN)</sup> In-corpus: `reports/countries/BN-brunei.md`

## Source

Biography extracted from [bibd.md](https://docs.barcoder.ai/source/wallets/bibd). See `matrix.md` for standards-support matrix if present.