Brunei Darussalam has retained its 12th place, among 136 assessed countries globally, for two years in a row in the ICD-Refinitiv Islamic Finance Development Report 2022: Embracing Change.
The report, based on 2021 data, revealed that the Sultanate recorded 31 points in the Islamic Finance Development Indicator (IFDI), while the global average indicator value declined to 9.0 in 2022 from 11.0 for 2021.
The IFDI 2022 indicator score measures the state of the development of the Islamic finance industry in 2021.
More details on Weekend’s Borneo Bulletin
