Brunei ranked 12th in Global Islamic Economy Indicator

Source: Xinhua| 2017-06-10 16:06:59|Editor: Zhang Dongmiao
Video PlayerClose

BANDAR SERI BEGAWAN, June 10 (Xinhua) -- Brunei Darussalam has been ranked 12th in the latest Global Islamic Economy Indicator (GIEI), a numeric measure representing the overall health and growth of the Islamic economy across more than 70 countries.

It is the first time Brunei made it to the top 15 list, moving up five spots replacing Egypt. The Sultanate had a big jump in the Halal Travel ranking (10 spots) and strong performance in Halal Food development, local media reported on Saturday.

The indicator is prepared to show the current health and development of the Islamic economy ecosystem. The components of the ecosystem are Halal Food, Islamic Finance, Halal Travel, Modest Fashion, Halal Media and Recreation, and Halal Pharmaceuticals and Cosmetics.

Brunei's Halal food product lines have made strong entrance in the British market and Brunei Halal is getting due recognition as a result. Brunei also continues to benefit from being in the vicinity of Indonesia and Malaysia, two of the largest Halal sensitive Muslim travel markets, the GIEI report by Thomson Reuters said.

Malaysia topped the ranking with the score of 121 followed by the United Arab Emirates (UAE) and Bahrain. Saudi Arabia, Oman and Pakistan were respectively positioned at fourth, fifth and sixth followed by Kuwait, Qatar, Jordan, and Indonesia.