09/01/2026  Islamic Finance Development

National


Brunei Darussalam maintained its 13th position globally in the Islamic finance development indicator, IFDI, in 2025, reflecting the resilience and continued development of its Islamic finance sector.

 

Brunei Darussalam's IFDI score, which is based on 2024 data, increased to 31 points in 2025, up from 29 points in 2024, despite the global average declining from 12 to 11 points over the same period. These results are reported in the latest 2025 Islamic Finance Development Report, titled 50 Years of Exponential Growth. The report evaluates the global performance of the Islamic finance industry across 140 countries, including four newly added countries in 2025: South Sudan, Jamaica, Kosovo, and Lesotho. According to the report, the top 10 countries maintained their positions in the IFDI rankings, with Malaysia, the Kingdom of Saudi Arabia, and the United Arab Emirates leading as the top three Islamic finance markets in overall development in 2024. Iraq made its debut in the top 15, entering the IFDI rankings at 14th place with a score of 30, replacing Nigeria from the previous assessment.



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