10 Richest Muslim Countries in the World

Bahrain:

Bahrain is the seventh richest Muslim country in the world. It has a GDP (PPP) per capita of 23,690 dollars for 2011. Bahrain is regarded as one of the fastest growing economy in the Arab world. In 2008, the country was named the world’s fastest growing financial center by the city of London’s Global Financial Centers Index. Bahrain’s banking and financial sectors has benefited from the regional boom driven by demand for oil. Petroleum is Bahrain’s most exported product. Aluminium is considered as the second most exported product, followed by finance and construction materials.

Turkey:

Turkey takes the 8^th position in the list. It has a GDP (PPP) per capita of 16,885 dollars for 2011. Turkey has gradually opened up its market through economic reforms by reducing government controls on foreign trade and investment and the privatization of publicly owned industries. Tourism in Turkey has experienced a rapid growth and constitutes an important part of the economy. Other key sectors of the Turkish economy are banking, construction, oil refining, petro chemicals and automotive. Turkey is one of the leading shipbuilding nations and is ranked 4^th in the world after China, Japan and South Korea, in terms of number of ordered ships.