KUALA LUMPUR, Oct 13 (Bernama) -- Labuan International Business and Financial Centre (Labuan IBFC) has climbed 11 places to rank 44th out of 117 global financial centres in the latest Global Financial Centres Index (GFCI 40).
Business : Labuan IBFC Climbs 11 Places To 44th In Global Financial Centres Index
Labuan IBFC, Global Financial Centres Index, Islam
BE Bernama 
Key takeaways
Labuan IBFC rose 11 places to 44th in the GFCI 40, marking its third consecutive improvement.
- Labuan IBFC moved from 'International Contender' to 'Specialised Centre' category.
- It is recognized for strengths in captive insurance, Islamic finance, and digital services.
- Its rise coincided with Malaysia's positive FATF evaluation.
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