Use our industry guide to find key background information, market research, import and export guidelines, statistics, legislation, trade bodies and trade publications.
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We can compile tailored key players reports, mailing lists, market reports, benchmarking reports and industry news. Our enquiry team can also research other industry-specific information, such as taxation, for you. Call us on +44 (0)20 7920 8620 or email library@icaew.com.
Topics in depth
Trends and forecasts
Islamic Finance Sectoral Advisory Group
TheCityUK's Islamic Finance Group aims to provide thought leadership on Islamic finance through engaging with government and international decision makers. The Group also regularly publishes a Islamic finance research report (last published April 2019) which summarises global trends in Islamic finance with particular reference to how the market is developing in the UK.
Islamic Financial Services Industry Stability Report
Annual industry report by the Islamic Financial Services Board (IFSB). Provides updates on trends, growth and developments in the Islamic financial services industry. Requires free registration to access.
Islamic Finance Outlook 2021
Annual S&P Global Ratings research report predicting trends that will shape the industry's growth. Requires free registration to access.
Market research
Global Islamic Finance Report
Annual report which includes an assessment of the size of the global Islamic financial services industry and the Islamic Finance Country Index, which ranks countries by the size of their Islamic financial assets. The Islamic Finance Country Index was first launched in 2011 and has quickly gained acceptance as a means to compare countries in this sector.
Islamic Finance News: IFN Annual Guide
The annual IFN journal guide looks at overall markets for Islamic finance, with individual country market reports for several countries.
Sukuk - Islamic bonds
IIFM Annual Sukuk report 2022
An International Islamic Financial Market (IIFM) research report providing an overview of the global Sukuk market, with major 2021 issuances highlighted.
Refinitiv Islamic Finance Development Report 2021
Annual report examining the top performing markets for Islamic finance services, including sukuk, with charts showing the top countries in sukuk value outstanding, sukuk assets by region and the top sukuk structures used. Requires free registration to download.
Takaful - Shari'a compliant insurance
Islamic Financial Services Industry Stability Report 2022
Annual industry report by the Islamic Financial Services Board (IFSB). Provides updates on trends, market growth and developments in the Islamic financial services industry, including Takaful.
Industry press
Useful links
ZAWYA Islamic Finance news
Islamic finance gateway from ZAWYA.com, which includes latest news stories, featured research reports and economic indicators. A free Zawya Daily email newsletter alert is available.
Need to find the latest news on this industry sector? We can carry out industry news searches using a range of trade titles and general business sources through our databases. To discuss your requirements, please contact the enquiry team on +44 (0)20 7920 8620 or at library@icaew.com.
Statistics
Islamic Financial Services Board (IFSB)
The IFSB issues global standards for the Islamic finance industry, as well as conducting research and coordinating new industry initiatives. It currently provides quarterly Islamic banking data for 22 countries: Afghanistan, Bahrain, Bangladesh, Brunei, Egypt, Kazakhstan, Indonesia, Iran, Jordan, Kuwait, Lebanon, Malaysia, Nigeria, Oman, Pakistan, Palestine, Qatar, Saudi Arabia, Sudan, Turkey, the United Arab Emirates and the United Kingdom.
Prudential and Structural Islamic Financial Indicators (PSIFIs) available include:
- Capital adequacy
- Asset quality
- Earnings
- Leverage
- Liquidity
- Sensitivity to risks
- Value of Shariah-compliant financing by economic activity
- Value of returns by major type of Shariah-compliant contract
- Number of Islamic banks
- Number of employees
Detailed financial statements are also available for seven countries: Afghanistan, Bangladesh, Malaysia, Pakistan, Palestine, Turkey and the United Arab Emirates.
Legislation
Islamic finance: law and practice
C.R.Nethercott, editor. (Oxford University Press, 2020, 386 pages)
An up-to-date overview of the global Islamic finance industry, including Islamic law and contracts in practice. This item is in the ICAEW Library & Information Service collection - to find out how you can borrow books from the Library please see our guide to book loans.
The Islamic Finance and Markets Review
Publication from The Law Reviews describing the practice of Islamic or shariah-compliant finance in 12 jurisdictions: Bahrain, the Cayman Islands, Luxembourg, Malaysia, the Netherlands, Oman, the Philippines, the UAE, the UK, and the US. Published in November 2020.
Islamic Finance News: IFN Annual Guide
This annual IFN journal guide looks at overall markets for Islamic finance, including individual market reports for several countries, some of which refer to tax incentives and the regulatory framework.
Industry bodies
The websites of government, regulatory and trade bodies in this sector are a useful source of industry overviews, contacts and statistics.
UK
Asia
Global
Middle East
Oceania
Trade journals and publications
Trade journals, B2B magazines and specialist consumer magazines are another useful source of news and statistics.
Directories
These online directories can be used to identify specialist Islamic finance firms, financial products and professionals.
- IslamicFinance.com - international Islamic finance directory
- Muslim Wealth Portal - find UK organisations offering Islamic finance products and services
- Sukuk.com - searchable directory of Sukuk bonds, issuers and arrangers
Articles and books in the ICAEW Library collection
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