BANDAR SERI BEGAWAN, Dec. 10 (Xinhua) -- Brunei is considered among the top 10 performing Islamic finance markets in an Islamic corporation group ICD, local media quoted Thomson Reuters Islamic Finance Development Report 2017 as saying on Sunday.
With a score of 47 in the Islamic Finance Development Indicator (IFDI), Brunei rose to ninth position this year from last year's 14th position, surpassing Qatar and Indonesia.
Malaysia is the best performer in the category with total score of 129, while Bahrain (83) and the UAE (64) are ranked second and third respectively.
The IFDI provides rankings and profiles for different Islamic finance markets around the world, drawing on instrumental factors grouped into five broad areas of development as the main indicators, namely Quantitative Development, Knowledge, Governance, Corporate Social Responsibility as well as Awareness.
Thomson Reuters is a global provider of intelligent information for leading decision makers in the financial, legal, tax, accounting, intellectual property, science and media markets.
Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution within the Islamic Development Bank Group.
