Yasaar Group’s strategic expansion into Brunei with a sub-office in Bandar Seri Begawan marks a significant milestone in the UK-based Islamic finance consultancy’s journey. Founded by Mr. Majid Dawood, a seasoned financial services consultant with extensive experience in Islamic finance, Yasaar Group is poised to leverage its deep expertise to cater to the growing demand for Shariah-compliant financial solutions in Brunei and the broader Southeast Asian market.
The company’s focus on Islamic finance and Shariah-compliant services aligns with Brunei’s vision to become a hub for Islamic finance, further strengthening the country’s financial sector. The founder and CEO of Yasaar Group, Mr. Dawood, expressed optimism about the prospects of Islamic finance in Brunei, emphasizing the importance of integrating into the local Islamic finance ecosystem through close collaboration with financial institutions, intermediaries, and key stakeholders. This approach is aimed at fostering long-term partnerships and contributing to the sustainable growth of Shariah-compliant financial services in the region.
Under the leadership of Mr. Aidil Salleh, Yasaar Group aims to become a catalyst for the development of local talent in Islamic finance. By drawing upon the group’s network of prominent Shariah compliance scholars with a proven track record, Yasaar Group is committed to nurturing and developing home-grown talents among Brunei’s graduates. This initiative is expected to contribute significantly to building a skilled workforce in the various fields of Islamic finance, which is crucial for the sector’s growth and innovation.
With the establishment of its regional office, Yasaar Group plans to offer a comprehensive range of Islamic financial services tailored to the needs of both private and public institutions in Brunei. These services include but are not limited to Shariah advisory, product development, financial structuring, and compliance consultancy, all designed to meet the highest standards of Shariah compliance and financial excellence.
The expansion of Yasaar Group into Brunei is a testament to the company’s commitment to promoting Islamic finance on a global scale. By providing expert Shariah-compliant financial solutions and fostering local talent development, Yasaar Group is well-positioned to play a pivotal role in the growth and evolution of the Islamic finance industry in Brunei and beyond. This initiative not only underscores the importance of ethical and sustainable financial practices but also contributes to the broader goal of financial inclusivity and the development of a robust Islamic finance ecosystem in the region.
Author
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Hafiz Maqsood Ahmed is the Editor-in-Chief of The Halal Times, with over 30 years of experience in journalism. Specializing in the Islamic economy, his insightful analyses shape discourse in the global Halal economy.
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