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Bahrain ranks 4th globally for Islamic Finance Development Indicator

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Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic Finance Development Indicator – IFDI 2021 by Refinitiv, a London Stock Exchange Group (LSEG) business, the world’s leading provider of intelligent information for businesses and professionals.

According to the report the net asset value of Islamic Funds in Bahrain during 2020 increased by 142% to reach $US27 million and the value of Sukuk issued increased by 40% to USD5.3 billion when compared to 2019.

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