The Kingdom of Bahrain ranked second within the Center East and North Africa area and third on this planet for Islamic finance, in accordance with the 2022 World Islamic Financial system Actuality Report launched by Dinar Commonplace, an establishment specializing in analysis and growth consulting.
The report measures the fact of the event and growth of Islamic economies in 81 international locations around the globe, taking into consideration the Sharia regulation within the nation, the extent of consciousness, the unfold of innovation, the quantity of funding and spending on Islamic finance requirements, the provision of halal meals and household tourism.
The Kingdom of Bahrain additionally ranked eighth on this planet by way of Islamic finance property in 2020 with property of $102.1 billion.
It’s value noting that the Kingdom of Bahrain ranked fourth on this planet and second within the Center East and North Africa area within the IFDI Islamic Finance Improvement Index 2021 launched by Refinitiv, a subsidiary of the London Inventory Trade, which is taken into account some of the outstanding suppliers of sensible data for corporations. and professionals on this planet.