On the 13th of November 2010, Syarikat Takaful Brunei Darussalam held its official launching on the change of name and logos of its subsidiaries Takaful Brunei Am Sdn Bhd (formerly known as “Takaful IBB Berhad”) and Takaful Brunei Keluarga Sdn Bhd (formerly known as “Takaful BIBD Sdn Bhd”).


The companies were renamed to reflect their future respective business functions in line with the requirements of the Takaful Order, 2008.

The merging of the two Takaful operators is seen as a positive development in the nation’s Islamic financial sector, the combined synergy of both companies’ expertise and experience will not only serve to strengthen and further develop the Takaful industry but also provide a wider scope of services throughout the country. It is foreseen that this merger will provide an added awareness within Negara Brunei Darussalam as to the benefits and the advantages of Takaful’s prudent practices as well as greatly contribute towards the nation’s Islamic finance in line with the country’s vision 2035. This is also in line with the mission and vision of developing and cultivating a savings culture in Brunei Darussalam through the use of Takaful.