Features & Benefits

  • Flexibility to transact in any of the 4 major foreign currencies: AUD, EUR, GBP & USD
  • Enjoy peace of mind, knowing you are investing in a Shariah compliant (interest free) fixed term Investments
  • The profits are paid on maturity and may be reinvested with the deposit amount

Shariah Concept

  • Wakalah

    The Depositor ("Muwakkil") enters into a Wakalah Agreement with the Bank ("Wakil") and deposits a certain amount of money to the Bank to be utilized and invested in profitable Shariah-compliant transactions. The Depositor will be offered the expected profit rate from the Investments and the Bank will earn a Wakalah fee for the service rendered. Any amount that the Bank earns in excess of the Depositor's expected profit (after deducting the Wakalah fee) will be retained by the Bank as incentive. Learn more »


  • Individuals aged 18 years and above
  • Residing in Brunei Darussalam

Required Documents

  • Original identity card or passport

Fees and Requirements

  • Minimum opening deposit of 5,000 currency units of the specified foreign currency (FCY) is required
  • Cash Notes:

    Deposit Fees

    • For transactions up to BND 100,000.00, the admin fee is 0.1% commission in lieu of exchange, minimum of BND 12.00
    • For transactions exceeding BND 100,000.00, the admin fee is 0.03125% commission in lieu of exchange, minimum of BND 80.00
  • Withdrawal Fees

    1% of the value of cash note, with minimum fee of FCY 10.00

For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.

Profit Distribution

  • There will be no profit for termination less than 1 month
  • Profit, at the Bank’s discretion, may be paid proportionately to the completed months at the prevailing rate at the time of termination

"Depositors of Bank Islam Brunei Darussalam are guaranteed protection up to maximum BND 50,000.00 per depositor under the Deposit Protection Order 2010."

Please read this Product Disclosure Sheet before you decide to take the Foreign Currency Term Deposit. Be sure also to read the General Terms and Conditions.

Click to view Wakalah Terms & Conditions in English and Malay.