IslamicFinance.de

Indonesia has much work to do in improving infrastructure and regulations to support an Islamic-compliant economy. Thomson Reuters’ Islamic Finance Development Report 2014 showed Malaysia topped the list, scoring 93 (on a scale of 100), far higher than Indonesia which ranked 12 with a score of 28. However, the 10th World Islamic Economic Forum (WIEF) in Dubai, revealed growing interest from many governments. South Korea was one of the many non-Muslim countries that looked eager to develop the Islamic economic industry. Besides, the halal industry won great attention over the past decade as the volume of the industry reached more than US$2.1 trillion. Moreover, there's growing demand for Muslim-friendly tourism.