Report : Islamic Finance Development Report 2017

Click on picture to go to report

Information on Islamic Banking and Finance performance has always been an interest of many practitioners, myself included. Yearly we scour the best looking and informative reports on the internet that is full of data on the industry, especially when it covers the global markets as well. Sometimes we find an average one, but nowadays there seemed to be an abundance of available reports. Some have “good” contents, but when I come across “great” one, I am tempted to put it on my site. For future reference, off course!

What we always love to find out is the performance of the Islamic Banking industry locally and globally, as it will provide reliable data to management on the latest trends that contributes to the bottom line. And presented in simple and clear infographics will only ensure some of the slides will be “cut and pasted” for speaker presentations, being quoted in many sessions. This reports provide all those opportunities.

More interestingly, this report provides insights on what has been going on in the world. For example, items such as Value Based Intermediation (VBI) espoused by BNM was also mentioned. There is talk about Islamic Fintech, Awqaf Funds and other local going-ons, including CSR initiatives. I would say this report covers many new areas of interest in Islamic Banking and Finance.

It also has a four-slide presentation on the most recent dispute on Sukuk involving Dana Gas. This was a real concern by many many parties over an extendable period of time. Nonetheless, this report make a good job summarising the key issues about the Dana Gas case, until its resolution. What a good write up for layman.

I hope these kind folks don’t mind me posting their report on my site. As mentioned, this website was maintained aimed to be a repository of the many discussions on old and new issues. If you want to download the report yourself, click REPORT : ISLAMIC FINANCE DEVELOPMENT REPORT 2017. Also find other reports and this report in the Knowledge Centre.

Happy Reading


i-FIKR (Islamic Finance Knowledge Repository)


I am all about repositories. Simply because there is too much for me to remember when it comes to Islamic Banking and Finance. This website was borne right from such need i.e. to become my resource centre that I can share with friends, colleagues and general public.

Coming across the efforts by ISRA (International Shariah Research Academy for Islamic Finance) to create such a repository under i-FIKR is commendable. A quick look at the website gave me a sense of the wealth of contents available to those seeking resource materials for the on-going developments in Islamic Finance. For a small subscription fee, this will prove to be a valuable option for them.

Among the items listed in their website are:

Also, download the publication of the Islamic Commercial Law Report 2017 by ISRA & Thomson Reuters here.

Popular Islamic Finance Terms

While Islamic Banking in general has been codified since early 1980’s in Malaysia, the familiarity to Islamic Banking or Finance terms remain a challenge. Terms like Mudarabah or Musyarakah or Wakalah remains difficult to remember but also it’s meaning have been lost to many, although there has been many attempts to communicate the various glossaries already available.

This makes the layman to go back to something more familiar, in most cases it is conventional banking, simply because of the ingrained understanding of conventional banking terms and terminologies. Some become “allergic” to Islamic terms simply because of the fear of failing to explain and understand the “arabic” terms. It does seem a daunting task to remember the terms, and understand what they mean.

So, I picked up a simple slide from a friend from IBFIM ie Haji Razli Ramli (his introduction available here in this website – click here) and made it into  a simple slide.

Get familiar with the terms for Islamic Finance, the easy way. Click on this 1-minute video. Share this video with friends. Know the meaning of those Arabic word. It’s quick and simple. In both English and Bahasa Malaysia. Comments are also appreciated.

Also, you can download the file into your desktop or mobile at the following links:

Share out to your friends. Thank you.