Indonesia Among Top 10 Countries with Rapidly Growing Islamic Finance Markets

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Hari Widowati 14/05/2019 13:00 WIB

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Indonesia ranked 10th out of 131 countries in the 2018 Islamic Finance Development Index, scoring 50.

10 Fastest-Growing Islamic Finance Markets

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Indonesia Among Top 10 Countries with Rapidly Growing Islamic Finance Markets

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10 Fastest-Growing Islamic Finance Markets

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The 2018 Islamic Finance Development Report from Thomson Reuters shows Indonesia among the top ten countries with rapidly growing Islamic finance markets globally. Indonesia ranked 10th out of 131 countries in the 2018 Islamic Finance Development Index (IFDI) with a score of 50.

Malaysia topped the list with a score of 132. Bahrain ranked second with a score of 74, followed by the United Arab Emirates in third place with a score of 71. Pakistan was fourth with a score of 59, and Saudi Arabia fifth with a score of 56.

The IFDI considers five indicators: quantitative development, knowledge, governance, corporate social responsibility (CSR), and awareness of Islamic finance.

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."