The following useful links are related to Islamic Finance & Banking worldwide. Here you will find news, reports, datasets and other useful research tools.
I-FIKR is a collection of significant database that is designed to meet the requirement of industry player, Shari’ah scholars, regulators, policy makers, the academics and researchers to cater for the needs of research and development of Islamic finance.
*Kindly email to kmc@inceif.org for the login details.
Malaysia International Islamic Financial Centre (MIFC)
The Malaysia International Islamic Financial Centre (MIFC) serves Malaysia’s Islamic finance marketplace and community. Founded at the launch of the MIFC in 2006, the MIFC Community is a network of the country’s financial sector regulators. These include Bank Negara Malaysia (the Malaysian Central Bank), the Securities Commission Malaysia, Labuan Financial Services Authority and Bursa Malaysia (the Kuala Lumpur Stock Exchange), government ministries and agencies, Islamic banking, takaful, re-takaful and Islamic capital market industry players, human capital development institutions. This community also encompasses professional ancillary service companies ranging from legal firms and Shari’ah advisories to tax and audit firms and research companies.
Shariah Advisory Council | Bank Negara Malaysia
The Shariah Advisory Council of Bank Negara Malaysia (SAC) was established in May 1997 as the highest Shariah authority in Islamic finance in Malaysia. The SAC has been given the authority for the ascertainment of Islamic law for the purposes of Islamic banking business, takaful business, Islamic financial business, Islamic development financial business, or any other business, which is based on Shariah principles and is supervised and regulated by Bank Negara Malaysia. As the reference body and advisor to Bank Negara Malaysia on Shariah matters, the SAC is also responsible for validating all Islamic banking and takaful products to ensure their compatibility with the Shariah principles. In addition, it advises Bank Negara Malaysia on any Shariah issue relating to Islamic financial business or transactions of Bank Negara Malaysia as well as other related entities.
The Islamic Financial Services Board (IFSB)
The Islamic Financial Services Board (IFSB) is an international professional standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry. The IFSB issues global prudential standards and guiding principles for the industry. These are broadly defined to include banking, capital markets and insurance sectors. The IFSB also conducts research and co-ordinates initiatives on industry-related issues, as well as organising roundtables, seminars and conferences for regulators and industry stakeholders.
The IslamicMarkets provides accurate information, effective collaboration tools, visualisation aids and analytics.
Bursa Malaysia | Islamic Market
To promote Malaysia as the international hub of Islamic finance, Bursa Malaysia has established an Islamic Markets team, dedicated to the development of Shari’ah compliant capital markets products and trading platform.
International Monetary Fund (IMF)
The IMF, also known as the Fund, was conceived at a UN conference in Bretton Woods, New Hampshire, United States, in July 1944. The 44 countries at that conference sought to build a framework for economic cooperation to avoid a repetition of the competitive devaluations that had contributed to the Great Depression of the 1930s.
World Bank Open Data: free and open access to data about development in countries around the globe.