IFSB Disseminates Q4 2020 Country-Level PSIFIs Data on the Islamic Banking Sector from 25 Jurisdictions

The Islamic Financial Services Board (IFSB) has announced the 19th dissemination of country-level Prudential and Structural Islamic Financial Indicators (PSIFIs) data, along with the 2nd dissemination of the detailed financial statements (DFS) on the Islamic banking sector for the fourth quarter of 2020 (Q4 2020) from IFSB member jurisdictions, according to a statement issued on the 30th of June 2021.

Why it Matters?

The PSIFIs project includes a set of DFS, which are intended to provide a more granular view at the structure of Islamic finance activities, as well as facilitate the validation of country-level data, reflecting IFSB’s commitment towards ensuring the accuracy and quality of the PSIFIs, according to Dr Bello Lawal Danbatta, Secretar...