IFSB database disseminates data for Islamic Banking Systems in 22 countries

The Islamic Financial Services Board (IFSB) has published country-level data on financial soundness and growth of the Islamic banking systems for Q3 and Q4 of 2018 from 22 IFSB member jurisdictions. A special feature of this publication is the inclusion of full-fledged Islamic banking data of Kazakhstan for the first time as Kazakhstan joined the database project in January 2019. The total assets of the Islamic banking industry stand to USD 1,754 billion in 2018Q4 from USD 1,684 billion in 2017Q4. Financing by Islamic banks from the participating jurisdictions reached USD 1,052 billion in 2018Q4 from USD 1,024 billion in 2017Q4. The IFSB Task Force has been greatly facilitating the collection of Islamic banking data. The database is available at the IFSB website https://psifi.ifsb.org.