Bank Islam Brunei Darussalam is Brunei’s largest bank and flagship Islamic financial institution. Ranked among the safest banks in the world by The Banker Magazine, BIBD has sixteen state-of-the-art branches and the largest network of ATMs in the country, serving over a quarter of the Bruneian population. Based in the strong and distinctive economy of Brunei Darussalam, BIBD leads the Bruneian market in assets, financing, and deposits, and is also the preferred payroll bank for government employees. In January 2020, Fajr Capital announced the sale of its significant minority stake in BIBD to the Brunei Investment Agency.