General Statistical Framework
for Institutions offering
Islamic Financial Services
Prof. Dr. Mansor H. Ibrahim
25-26 March 2014
Ankara, Istanbul
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© INCEIF
2012.
Contents
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© INCEIF
2012.
• The purpose of General
Framework for IBF statistics
• Scope
• The need for general IBF
statistics
• Relevance
• Products of statistics
• Statistical Infrastructure
• Indicators for Islamic Banking
• Indicators for Islamic Capital
Market
2
The purpose of General Framework for IBF statistics
 to set out the respective areas of responsibility in Islamic
banking and financial statistics at the Community level of the
OIC Member Countries;
 to provide a framework for the exchange and reproduction of
data;
 and to promote high quality and consistent statistics at the OIC
Member Country level for the use of policy-makers and the
general public.
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2012.
3
Scope
• Islamic Banking
• Takaful
• Islamic Capital Market [Sukuk, Islamic Funds]
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2012.
4
The need for general IBF statistics
• Inclusion of IBF specific statistic indicators
• Harmonization of concepts, classification and methodologies
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2012.
5
Relevance
•
•
•
•
awareness of key users of the data and their needs;
the relevance of the data to the needs of users;
conformity of the data with relevant international standards;
information relating to the source of the data, including
constraints on its availability.
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2012.
6
Products of statistics
• National Bureau of Statistics, Central Banks and Ministry of
Finance of OIC Member countries to be responsible for
collecting and publishing Islamic Banking, Takaful and Islamic
Capital Markets data at the country level.
• The IFB Framework is needed to set out the list of indicators,
classifications and methodologies, in order to ensure consistency
of statistics.
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2012.
7
Statistical Infrastructure
• The statistical infrastructure of the OIC-StatCom and OIC
Member Countries is crucial in order to be able to consult and
co-operate closely in view of shared responsibility for consistent
statistics.
• The statistical infrastructure includes seasonal adjustment
methodology and practice, the design of a quality framework,
and data transmission standards. It also relates to the common
interest in promoting consistency between statistical concepts
and international accounting standards for fully Islamic financial
institutions and Islamic subsidiaries.
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2012.
8
Indicators for Islamic Banking
o Number of Full-fledged Islamic Banks
[local/foreign]
o Number of Islamic subsidiaries
o Number of Islamic windows
o Share of Islamic Banks in Banking
System
o Number of Branches of Islamic Banks
o Number of Employees in Islamic
Banks
o Number of clients using Islamic
Banking System
o Financial Ratios of Islamic Banks
o Statement of Shariah Compliant Assets
o Statement of Shariah Compliant
Liabilities
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2012.
o Deposits in Islamic Banks [by
types/holder]
o Loans of Islamic Banks [by purpose/by
sector]
o Amount of Financing extended by
Islamic Banks [sector/concept/type]
o Projects Funded by Islamic Banks
o Non-Performing Financing [by
purpose/sector]
o Constituents of Capital
o Impaired Financing and Impairment
Provisions
o Financing Rate and Rate of Return for
Depositors
9
Indicators for Takaful Operators
o Number of Takaful Operators with both,
Family & General Takaful [local/foreign]
o Number of Family Takaful Operators
[local/foreign]
o Number of General Takaful Operators
[local/foreign]
o Number of Takaful subsidiaries
o Number of Takaful windows
o Share of Takaful in Insurance System
o Number of Branches of Takaful
Operators
o Number of Employees in Takaful
Organization
o Number of clients using Takaful coverage
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2012.
o Financial Ratios of Takaful Operators
o Assets and Liabilities of Local/ForeignIncorporated Takaful Operators
o Statement of Assets of Family Takaful
Funds
o Statement of Assets of General Takaful
Funds
o Distribution of Gross Takaful
Contributions
o Distribution of Net Takaful Contributions
o Gross Net Takaful Claims Paid
o Takaful Claims Ratio
o Statement of Takaful Reserves
10
Indicators for Islamic Capital Market
o Number of Sukuk Issued
[country/structure/currency/maturity]
o Number of Sukuk Outstanding
o Sukuk issuances by issuer type
o Shariah Compliant Government
Security Bills
o Number of Islamic Funds
[country/currency/geographical focus]
o Statement of Islamic AuM
o Islamic AuM by asset class
o Islamic AuM by fund type
o YTD Returns on Islamic Fund
[type/asset class]
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2012.
11
Prof. Dr. Mansor H. Ibrahim
Professor of Finance & Econometrics
Tel:
Email:
603-76514190/4197
mansorhi@inceif.org
© INCEIF2014.
© INCEIF
2012.