Financial management is one of the most valuable knowledge areas of university students as they are going to face the real world. In Brunei Darussalam, the financial world has been enriched by the emergence of halal finance since 1993. This chapter examines the level of general and halal financial literacy among university students. The study is descriptive, using data that were collected using a self-administered questionnaire that was distributed online to 285 students via their university’s official email. The findings suggest that respondents are unable to practise sound financial management by failing to budget and record their financial activities. This study also confirms that, except for takaful, the respondents’ awareness of halal financial terms and products is very low. Some suggestions to improve the literacy level are discussed in the conclusion.