Tagged: Fajr Capital

Bank Islam Brunei sells stake to Fajr Capital

Bank Islam Brunei sells stake to Fajr Capital

Bank Islam Brunei Darussalam (BIBD) has sold an undisclosed minority stake to Dubai-based Islamic investment firm Fajr Capital as the Asian bank bids to extend its international reach.
Brunei’s government has a 45 percent stake in the bank, while the S…