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    Islamic Finance 2017: State of the Art and Outlook for the Future

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    Date
    2017-09-15
    Author
    Sidlo, Katarzyna
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    Abstract
    The Islamic finance industry is composed of four sectors: banking, sukuk (bonds), equity and funds, and takaful (insurance). The banking sector dominates the industry with approximately 75% of all Islamic financial assets under management. Islamic financial industry assets are domiciled predominantly in Gulf Cooperation Council (GCC) countries (USD 922 billion), Southeast Asia (USD 473 billion), and Middle East excluding GCC countries (USD 453 billion). In non-Muslim majority countries, in Europe and the Americas, Islamic finance maintains a presence but remains marginal. Interest in Islamic finance among conventional investors appears to be limited.
    URI
    https://opendocs.ids.ac.uk/opendocs/handle/20.500.12413/13289
    Citation
    Sidlo, K.W. (2017) Islamic Finance 2017: State of the Art and Outlook for the Future, K4D Helpdesk Report, Brighton: IDS
    Is part of series
    K4D Helpdesk Report;
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    DFID
    Rights details
    https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
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    • K4D [851]

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