This report is an annual barometer of the health and development of the Islamic Finance industry worldwide, based on the ICD Thomson Reuters Islamic Finance Development Indicator. The Report is available for free download on https://www.zawya.com/islamic-finance/global-reports-2013/

1. Islamic Corporation for the
Development of the Private Sector

18. C
M
Y
CM
MY
CY
CMY
K

19. Islamic
Your gateway to Islamic markets and investments
Zawya Islamic is a revolution in the way you access information on Islamic Finance, by making shariah-compliant
investment, decision-making and networking with Islamic markets even easier with access to:
© 2013 Thomson Reuters. 9568510 09/13 and the Kinesis logo are trademarks of Thomson Reuters
zawya.com/Islamic-finance
Fatawa, Standards, Regulations, Legal Documentation and Product Guidance Notes
intelligently connected with scholars and instruments
Global Sukuk, Islamic Funds, and Shariah-compliant Equities
Islamic Finance News, Research, Money Markets, Indices, & Benchmark Rates
The Islamic Finance Development Indicator and Islamic Finance Gateway Community

24. (20)
20
40
60
80
100
120
140
-5% 0% 5% 10% 15% 20%
NOOFISLAMICFINANCEINSTITUTIONS
AVERAGE RETURN ON EQUITY SIZE = TOTAL ISLAMIC FINANCE ASSETS
Bahrain
Bangladesh
Indonesia
Iran
Kuwait
Malaysia
Qatar
Saudi Arabia
Turkey
UAE

25. 411,512
269,736
185,323
118,446
81,455
71,062
47,246
37,665
33,155
17,503
50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000
Malaysia
Saudi Arabia
Iran
United Arab Emirates
Kuwait
Qatar
Bahrain
Turkey
Indonesia
Bangladesh
US$ MILLIONS

27. AVERAGE RETURN ON EQUITY SIZE = TOTAL ISLAMIC BANKING ASSETS
0
5
10
15
20
25
30
35
40
-5.00% 0.00% 5.00% 10.00% 15.00% 20.00%
Malaysia
UAE
Saudi Arabia
Kuwait
Bangladesh
Iran
Qatar
Bahrain
Indonesia
Turkey
NOOFISLAMICBANKS

28. 216,928
194,354
185,235
94,731
72,796
52,413
43,153
34,875
19,105
17,300
50,000 100,000 150,000 200,000 250,000
Saudi Arabia
Malaysia
Iran
United Arab Emirates
Kuwait
Qatar
Bahrain
Turkey
Indonesia
Bangladesh
US$ MILLIONS

29. 249
114
STANDALONE ISLAMIC BANKS
ISLAMIC BANKING WINDOWS

31. AVERAGE RETURN ON EQUITY SIZE = TOTAL TAKAFUL ASSETS
NOOFTAKAFULOPERATORS
-5
0
5
10
15
20
25
30
35
40
-13.00% -8.00% -3.00% 2.00% 7.00% 12.00% 17.00% 22.00% 27.00% 32.00% 37.00%
Malaysia
UAE
Saudi Arabia
Kuwait
Jordan
Singapore
Qatar
Bahrain
Indonesia
Bangladesh

32. 8,902
7,595
3,069
1,961
1,663
1,482
571
461
131
86
1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000
Saudi Arabia
Malaysia
Singapore
United Arab Emirates
Kuwait
Indonesia
Bahrain
Qatar
Bangladesh
Jordan
US$ MILLIONS

34. AVERAGE RETURN ON EQUITY SIZE = TOTAL OFI ASSETS
NOOFOTHER
FINANCIALINSTITUTIONS
-10
0
10
20
30
40
50
60
70
80
-7.00% -2.00% 3.00% 8.00% 13.00%
Malaysia
UAE
Saudi Arabia
Kuwait
Pakistan
Singapore
QatarBahrain
Egypt
Switzerland

36. 170,946
21,679
17,260
17,102
11,871
3,423
3,154
2,790
839
766
50,000 100,000 150,000 200,000
Malaysia
Saudi Arabia
Qatar
United Arab Emirates
Indonesia
Pakistan
Bahrain
Turkey
Kuwait
United States
679
57
48
25
18
15
14
4
4
3
0 100 200 300 400 500 600 700 800
Malaysia
Indonesia
Gambia
Bahrain
Saudi Arabia
Brunei Darussalam
United Arab Emirates
Pakistan
Qatar
Singapore
US$ MILLIONS NUMBER OF ISSUANCES

38. 17,903
15,336
3,593
1,353
1,328
1,064
773
696
586
583
5,000 10,000 15,000 20,000
Saudi Arabia
Malaysia
United States
South Africa
Kuwait
Luxembourg
Singapore
Indonesia
Canada
Pakistan
17
16
10
6
5
4
4
2
2
1
0 5 10 15 20
Malaysia
Luxembourg
Saudi Arabia
United States
Qatar
Indonesia
United Arab Emirates
Egypt
Pakistan
Australia
US$ MILLIONS NUMBER OF FUND LAUNCHES

44. NO OF UNIVERSITIES OFFERING
ISLAMIC FINANCE DEGREES
SIZE = TOTAL RESEARCH 2010 - 2012
NOOFINSTITUTIONSOFFERING
ISLAMICFINANCETRAINING
0
10
20
30
40
50
60
70
0 5 10 15 20 25 30
Malaysia
UAE
France
India
Australia
Pakistan
UK
Bahrain
Indonesia
USA

46. 60
50
31
25
22 22
20
15
13 12
22
18
9
3
9
7
3
7
5 5
0
10
20
30
40
50
60
70
United
Kingdom
Malaysia United Arab
Emirates
United States Pakistan Saudi Arabia Bahrain Indonesia India France
INSTITUTES OFFERING IF TRAING COURSES UNIVERSITIES OFFERING IF DEGREES

48. NOOFPUBLISHEDRESEARCHPAPERS
NO OF PEER REVIEWED RESEARCH PAPERS
0
20
40
60
80
100
120
140
160
180
0 20 40 60 80 100 120
Malaysia
UAE
Saudi Arabia
India
Pakistan
UK
Bahrain
Indonesia
USA
Australia

54. 0
10
20
30
40
50
60
0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0
Malaysia
UAE
Lebanon
Kuwait
Saudi Arabia
Pakistan
Bahrain
Bangladesh
Qatar
UK
= Strong Islamic Finance regulations
= Weak Islamic Finance regulations
AVG NO OF INDEPENDENT DIRECTORS PER INSTITUTION
NOOFSHARIASCHOLARSWITHSSB
MEMBERSHIPS

56. WEAK REGULATIONS MEDIUM REGULATIONS STRONG REGULATIONS
TOTALISLAMICASSETS
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
1 2 3 4 5 6 7
Malaysia
UAE
Turkey
Kuwait
Saudi Arabia
Bangladesh
BahrainIndonesia
Iran
Qatar

58. 11 5 16 4 9 1 5 1
42
47
35 23
24 19
20 16
18
13
0
10
20
30
40
50
60
Bahrain Malaysia Saudi Arabia Kuwait United
Kingdom
United Arab
Emirates
Pakistan Qatar Bangladesh Lebanon
SCHOLARS WITH MORE THAN 5 SSB MEMBERSHIPS SHARIA SCHOLARS WITH SSB MEMBERSHIPS

60. 52
52
50
49
49
49
45
43
43
43
10 20 30 40 50 60
Indonesia
Bahrain
Brunei Darussalam
Malaysia
Singapore
Bangladesh
Turkey
Iran
Palestinian territories
Pakistan

66. US$MILLIONS
Disclosedfunddisbursedtocharity,
ZakatandQardAlHasan
CSR DISCLOSURE INDEX SCORE
20
40
60
80
100
120
140
160
0 1 2 3 4 5 6 7
Bangladesh
UAE
Egypt
Saudi Arabia
Malaysia
Indonesia
Bahrain
UK Pakistan
Kuwait

68. 151
106
69
44
41
28
22
12
6
5
- 20 40 60 80 100 120 140 160
Indonesia
Malaysia
United Arab Emirates
Saudi Arabia
Bahrain
Kuwait
Egypt
Bangladesh
Pakistan
United Kingdom

70. 6.3
5.2
5.2
5.1
5.0
4.7
4.7
4.7
4.1
4.0
- 1.0 2.0 3.0 4.0 5.0 6.0 7.0
Indonesia
Bahrain
Bangladesh
Qatar
Brunei Darussalam
Jordan
Palestinian territories
Sri Lanka
United Arab Emirates
Iran

76. 0
2
4
6
8
10
12
14
16
-1 1 3 5 7 9 11 13 15 17
Malaysia
UAE
Turkey
Kuwait
Saudi Arabia
Egypt
Bahrain
IndonesiaQatar
Oman
NO OF CONFERENCES
NOOFSEMINARS
SIZE = TOTAL NEWS ARTICLES

78. 13
11
10
10
8
7
5
4
4
3
0 2 4 6 8 10 12 14
Malaysia
United Arab Emirates
Pakistan
United Kingdom
Oman
Saudi Arabia
Bahrain
Australia
Egypt
Bangladesh

80. 13
10
7
6
5
4
3
3
3
2
0 2 4 6 8 10 12 14
Malaysia
United Kingdom
United Arab Emirates
Turkey
Bahrain
Pakistan
Egypt
Indonesia
Oman
Mauritania

82. 1,076
847
467
348 328
290
250 219
172
110
1,279
982
670
551 531
493
453
354
304 275
-
200
400
600
800
1,000
1,200
1,400
United Arab
Emirates
Malaysia Saudi Arabia Bahrain Oman Qatar Kuwait Indonesia Turkey Egypt
EXCLUSIVE NEWS EXCLUSIVE & REGIONAL NEWS

85. MANAGEMENT
CORE BUSINESS COMPONENTS
Industry size , performance and regulations
(Banking, Takaful, Sukuk, Funds)
MANAGEMENT COMPONENTS
Governance and Corporate Social Responsibility
INDUSTRY ECOSYSTEM
Knowledge and Market awareness
CORE BUSINESS
ECOSYSTEM

96. For numerical values ($ amounts) and numbers
(eg. number of courses on Islamic finance):
For percentage values (eg. return on equity):
For yes/no values (eg. are there regulations for Islamic banks):

100. Islamic Corporation for the
Development of the Private Sector