IFSB Shares Prudential and Structural Islamic Financial Indicators for 1Q and 2Q 2021

The Islamic Financial Services Board (IFSB) has announced the dissemination of country-level Prudential and Structural Islamic Financial Indicators (PSIFIs) data on the Islamic banking sector for the first and second quarters of 2021 (1Q and 2Q 2021) from IFSB member jurisdictions.

Why it Matters?

The IFSB Task Force on PSIFIs, involving representatives from 26 participating jurisdictions, has made a commitment to facilitate the collection of Islamic banking data. Nine regulatory and supervisory authorities (RSAs) from the Takaful sector and six RSAs from the Islamic capital market sector collate the PSIFIs database for their respective sectors.

The indicators cover full-fledged Islamic banks and Islamic windows of conventional banks, and inc...