Essay about Islamic Finance

Submitted By tawhiid

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Pages: 2

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ISLAMIC FINANCE
State of the Industry 2012
Quick Facts in global assets

$1,086bn

1

growth in 201 1

24.4%

2

Sukuk issued in 201 1

$84.5bn

3

Sukuk growth in 201 1

77%

4

Islamic Funds in 20105

$58bn

Global Growth of Islamic Finance
By Assets ($bn)
1,100 880 660 440 220 0 2007 2008 2009 2010 201 1
500

6

Assets of Fully Islamic Financial Institutions
By region
7

Top 10 Fully Islamic Financial Institutions
By Assets ($bn)8
Al Rajhi Bank Kuwait Finance House Dubai Islamic Bank Bank Rakyat Abu Dhabi Islamic Bank Al Baraka Banking Group Maybank Islamic Berhad Qatar Islamic Bank CIMB Islamic Bank Berhad BIMB Holdings 0
20.0 19.7 16.4 15.4 14.2 1 1.7 9.8 28.0 45.2 49.3

1,086

Australia/Europe/N America 5.78% Asia 14.03% GCC 34.35% Nonc GCC MENA 44.36%

Sub-Sahran Africa 1.47%

822
639

895

10

20

30

40

50

Countries Ranked by Total Sharia Assets
($bn)
9

Islamic Assets Under Management
($bn)
10

Most Popular Shariah Scholars
Nizam Yacoubi

1 Number of positions at Islamic Financial Institutions1
85 85 71 39 36 31 27 27 25 24

Saudi Arabia Malaysia UAE Kuwait Bahrain Qatar Turkey UK Sudan Bangladesh Indonesia Syria Egypt 0
19 12.1 1 1.6 10.5 8.7 7.9 28 52.3 79.6 79.6 94.1

150.9 133.4

60
58

Abdul Satar Abu Ghuddah Mohammed Elgari Abdul Aziz Al Qassar Abdullah Al Manee'a Hussein Hamid Hassan Mohammed Daud Bakar

54
51.4

53.9 48.7

48 42
39.5

Essa Zaki Essa Ali Al Qurra Daghi Ajeel Jasem Al Nashmi

36
34.1

30 40 80 120 160

2005

2006

2007

2008

2009

2010

0

18

36

54

72

90

Global Sukuk Issances ($bn)12
90
84.5

Sukuk Issuances in 201 1
By Country ($bn)13
Bahrain Pakistan 2.5 1.9

Comparative Sukuk Growth (%)14

72

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