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Business 6 years ago
Indonesia’s ranking in Islamic finance jump six spots but major challenges remain
Based on the 2019 Islamic Finance Development Indicator (IFDI) launched on Tuesday by the Islamic Corporation for the Development of the Private Sector (ICD) and financial market data provider Refinitiv, Indonesia’s ranking jumped six steps to fourth from 10th place in 2018 after Malaysia, Bahrain and the United Arab Emirates.
