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MANAMA: 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.
The Islamic Finance Development Indicator (IFDI), which provides a detailed look at the current state of the industry measures the overall development in 135 countries based on quantitative development, knowledge, governance, awareness, and corporate social responsibility CSR (Charities and Qard Hasan) .
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