On 15th September 2007, the first intake of students undertaking the Master in Islamic Banking and Finance (MIBF) programme undertook exploratory studies under the supervision of Dr. Saad Al-Harran (saadsattar@cibfm.ubd.edu.bn), Senior Lecturer at the Centre for Islamic Banking and Finance (CIBFM), Universiti Brunei Darussalam in analyzing the potentiality of Islamic Microfinancing in the Handicraft Industry, in the Tutong District within Brunei Darussalam.
Islamic Microfinance Project is an optional course in the Master programme offered by the Centre for Islamic Banking, Finance and Management. Acknowledging that there are currently limited applications of Islamic microfinance instruments in Brunei Darussalam, this applied course encourages students to appreciate and explore opportunities where Islamic financial instruments can be applied to real life situations, notably in micro-businesses.
For more information on the course, feel free to view the course outline.
To view a report on the specified exploratory study, click here.
On 18th November 2007, an exercise was undertaken by the first intake of students undertaking the Master in Islamic Banking and Finance (MIBF) programme to introduce the Tutong Handicraft producers to the Bandar Seri Begawan market. The sale exercise is in line with what have been raised previously in the exploratory report.
The outcome of the exercise highlights the relative success of the entrepreneurs and considers certain challenges that must be considered in expanding their market and overall profitability. To view a report on the exercise, click here.
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