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What is BeUsin

Handbook of Research on Innovation and Development of E-Commerce and E-Business in ASEAN
BeUsin is derived from two interpretations. Firstly, when separated “Be” is defined as exist, and “Usin” is the Bruneian word for money. The two words combined lead to a particular Brunei word “BeUsin”, which refers to having money. BeUsin is the proposed platform involves the process of putting existing (current) money into a digital investment market.
Published in Chapter:
BeUsin: Savings and Investment Platform
Nurliyana Amalina Rabiatulafiqah Abdul Halim (Universiti Brunei Darussalam, Brunei), Nasshata Fatiha A. Hashim (Universiti Brunei Darussalam, Brunei), Siti Kamaliah Awang Alek (Universiti Brunei Darussalam, Brunei), Khairunnisa Nurasikin Asmali (Universiti Brunei Darussalam, Brunei), Rafidah Rosli (Universiti Brunei Darussalam, Brunei), and Muhammad Anshari (Universiti Brunei Darussalam, Brunei & Universitas Islam Negeri Sunan Kalijaga, Yogyakarta, Indonesia)
DOI: 10.4018/978-1-7998-4984-1.ch025
Abstract
Budgeting, portfolio management, and financial planning platforms are gaining popularity, especially among young people. They may be more willing to utilize a non-traditional financial service, especially if these alternatives are technologically advanced and are well in tune with the technological society. BeUsin is a proposed project for saving and investments parallel with Islamic compliances. The aims of the project are to increase awareness on the importance of savings and the advantages of investment and to support one of Brunei's Wawasan 2035 vision, which is to have varied sustainable ways of delivering income to the people.
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