Cambridge-IIF launches its flagship Global Islamic Finance Report 2020-21 in a global conference

Cambridge Institute of Islamic Finance (Cambridge-IIF) launched the 11th annual edition of the Global Islamic Finance Report (GIFR). The launch ceremony was held virtually in collaboration with Minhaj University Lahore (MUL) at its 4th World Islamic Economics and Finance Conference. MUL has, over the last three years served as Knowledge Partner for the report. It was the second launch ceremony held, as the first one took place in the mid of January to announce the release of the most sought-after and comprehensive report in the Islamic banking and finance industry. The event was moderated by Dr Rizwan Malik, Senior Manager at Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

The Top 10 countries ranked by IFCI are Malaysia, Indonesia, Iran, Saudi Arabia, Sudan, Pakistan, Brunei Darussalam, United Arab Emirates, Bangladesh and Kuwait. Malaysia has this year taken over from Indonesia that was ranked No. 1 in the 2019 IFCI rankings.

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