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10 December 2017 1
La part de la Finance IslamiqueYaoundé, Cameroon
23-24 Novembre 2017
Dr. Ousmane Seck, PhD
Islamic Funds
US$ 56,1
millards
Takaful
US$ 25,1 millards
Finance Islamique
Segment le plus dynamique dans le systeme financier global, malgre le ralentissement des deux dernieres annees…
US$ 318,5 millards
Global Sukuk
Islamic Banks
US$ 1493,4 millards
US$ 628 million
Islamic financial assets have been growing rapidly, now exceeding $1trillion
Source: IFSB 2013 and KFH Research
Estimate - End 2013
(USD 1.8 trillion)
0
200
400
600
800
1000
1200
1400
1600
1800
2000
2006 2007 2008 2009 2010 2011 2012 H1 2013(Actual)
USD
bill
ion
Global Financial Assets Compliant with Islamic Law
Takaful Assets Under Management Sukuk Outstanding Banking Assets
2016:
Banking assets: 78.9%;
Sukuk: 16.8%;
Islamic Funds: 3%;
Takaful: 1.3%
Growth of Assets and Deposits (2006-2010)
19%
10%
33%
21%27%
43%
24%
9%5%
19%13%
17%
32%
15%
Malaysia Indonesia Turkey Saudi Arabia UAE Qatar Median
Growth of Islamic Banking and Conventional Banking Assets in Selected Countries (2006-2010)
Islamic Banking Conventional Banking
22%
10%
31%
13%20%
48%
21%
9%4%
19%14%
19%26%
17%
Malaysia Indonesia Turkey Saudi Arabia UAE Qatar Median
Growth of Islamic Banking and Conventional Banking Deposits in Selected Countries (2006-2010)
Investmetns: Islamic Banking Deposits: Conventional Banking
Source: Deutsche Bank 2011, 8.
Total Islamic financial assets make up less than 1% of total
global financial assets
1. Banks Assets
2. Stock Market Capitalization
3. World GDP
4. Private Debt Securities
5. Pension Funds
6. Mutual Funds
7. Public Debt Securities
Composition of Global Assets in US$ trillion
8. Insurance Companies 9. Reserves ex Gold 10. Sovereign Wealth Funds 11. Hedge Funds 12. Private Equity Funds 13. Islamic Finance
Source: WIEF’s Delegate Brief 2013
10/12/2017 6
….there is increasing interest in Islamic finance from non-Muslim countries
“The UK attracted more than £2bn of demand for its £200m sukuk without breaking a sweat.”, Financial Times, Oct 8,
2014, https://www.ft.com/content/8140af64-3feb-11e4-936b-00144feabdc0
“more than 60 per cent of Luxembourg’s €200m debut went to Middle East investors”. Financial Times, Oct 8, 2014,
https://www.ft.com/content/8140af64-3feb-11e4-936b-00144feabdc0
“Hong Kong government sells second Islamic sukuk bond to raise US$1.1 billion” South China Morning Post, 2015,
http://www.scmp.com/business/markets/article/1811139/hong-kong-government-sells-second-islamic-sukuk-bond-raise-us11
Part de marche des banques islamiques par juridiction
Source: WIEF’s Delegate Brief 2013
Composition et Domiciliation des actifs financiers islamiques
Source: IFSB Financial Stability Report 2015
Composition and Domiciliation des actifs financiers islamiques
Composition and Domicile of Islamic Assets
Source: IRTI World Bank Global Report on Islamic Finance, 2016
Composition and Domicile of Islamic Assets
Source: IRTI World Bank Global Report on Islamic Finance, 2016
Composition and Domicile of Islamic Assets
1510 December 2017
Contacts of the presenter Contacts of IRTI
Website: www.irti.org
Phone: +966 (0)
126466377
Fax: +966 (0) 126378927
P.O. BOX 9201 - Jeddah
21413
Kingdom of Saudi Arabia
1610 December 2017
