BRUNEI ISLAMIC CHAMBER OF COMMERCE

Brunei Darussalam should now establish Islamic Chamber of Commerce to serve and strengthen the unite among the Malay business people in the country which is based on the concept of Melayu Islam Beraja.I had attended the international business convention overseas with the Islamic Chamber of Commerce, Industry & Commodity Exchange (ICCICE), where the ICCICE had pointed out the role of the organization is promoting the economic cooperation and industry integration among the Islamic business people of the OIC member states.

The industrial cooperation has been an integral part of cooperation efforts of the member states which aims at strengthening economic cooperation and accorded priority to the promotion of joint venture in various areas including food and agriculture, trade, industry and marketing.It initiated the process of promoting joint ventures among the O.I.C.. members states, whereby the Islamic Development Bank together with the Islamic Chamber of Commerce (ICCICE) would play a catalytic role in such a mechanism.Through the investment Co-operative Programme, the Islamic Chamber of Commerce seeks to render promotional, advisory information and other services to the member states.

These services are provided by promoting, encouraging, facilitating increased trade and investment Promotion Meetings. The Islamic Chamber of Commerce & Industry provides information on the project sponsors in Less Develop Countries and potential partners in Advance Developed Country and creates a framework of contract between them..The Islamic Chamber of Commerce & Industry was initiated and formed among the influence Arabs business people in Saudi Arabia and other Arab business people in the O.I.C. member states.The Headquarters of the Islamic Chamber of Commerce & Industry is based in Pakistan.The forming of the Brunei Islamic Chamber of Commerce & Industry in the country will help the Brunei Malay businessmen become the member of ICCICE and could participate in the investment Co-operative Programme, trade meetings (import/export) and establish joint venture among the Arab business people from the Arab member states.

By Dr Hj Mohd Hatta Bin Hj Zainal Abidin