Launch Partners

Launch Partners

Launch of Lion-BIBDS Islamic mutual fund 

BRUNEI: Bank Islam Brunei Darussalam Securities Sdn Bhd (BIBDS) and Singapore’s Lion Global Investors launched the Lion-BIBDS Islamic Enhanced Liquidity Fund as the first fixed income mutual fund managed within the oil-rich Borneo nation. Domiciled in Singapore, this Syariah compliant fund was available only to Brunei residents with the March 2024 soft launch but subscription is now extended with the US dollar share class available to all investors and the Singapore dollar-hedged class will be available on the 1st August 2024. 

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