Maldives on the list of countries adopting Islamic Finance

The Maldives has been included on the list of countries adopting the Islamic Finance System.

According to the Thomson Reuters Islamic Finance Development Report 2017, the Maldives, along with Oman and Palestine are the top three countries adopting the system at a fast rate.

Maldives was also included on the list of the fast developing Islamic Financial Institutes. Other categories the Maldives made the list include:

- No. 12 on the Top 15 Leading Countries on the Islamic Finance Development Indicator.

- No. 4 on sub-category of Leading Islamic Financial Institutes.

- No. 8 on Leading Islamic Finance Education.

- No. 10 on Leading Islamic Finance - Governance.

- No. 8 on Leading Islamic Finance - Corporate Governance.

- No. 9 on Leading Islamic Finance CSR

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Islamic Finance Development Resort is an annual report from Thomas Reuters and ICD. The 2017 Report is the fifth such index.