Najib happy to learn Malaysia named most advanced Islamic economy

Prime Minister Datuk Seri Najib Tun Razak said he was pleased that Malaysia has been named the world's most advanced Islamic economy by global intelligent business provider Thomson Reuters.

"The Government and banking institutions laid down a strong foundation for Islamic finance to grow - adhering to the teachings of Islam," he said in his Facebook, today.

On Thursday, Thomson Reuters' acting head of Islamic finance, Mustafa Adil was reported as saying that Malaysia's Islamic finance was also far ahead of countries in the Cooperation Council for the Arab States of the Gulf (GCC).

Speaking at the 11th World Islamic Economic Forum, Mustafa said Malaysia scored very high on all the indicators used to measure the advancement, including a country's level advancement through six indicators, which are its level of governance, transparency, education, finance, corporate social responsibility and overall awareness.