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Infrastructure Financing through Islamic

Finance in the Islamic Countries

11

to achieve the status of high income countries that have scores of 65.8 and 72.7 for SDG9 and

quality of infrastructure respectively.

Chart 1.1: Status of SDG9 and Infrastructure Quality

Source: Bertelsmann Stiftung and Sustainable Development Solutions Network (2018)

Chart 1.2: Infrastructure Status of Regions and OIC Members

Source: WEF Global Competitive Index Historical Dataset 2007-2017

Chart 1.2 shows the status of the overall infrastructure and its quality in OIC member countries

and different regions. While the index of the overall infrastructure in OIC countries (3.6) is

better than Sub-Saharan Africa (2.9) and South Asia (3.4), it is lower than all other regions.

Similarly, the quality of infrastructure of OIC countries (3.7) is lower than all other regions

except Latin America and Caribbean (3.5) and Sub-Saharan Africa (3.2). The relatively low

0

10

20

30

40

50

60

70

80

Low income

countries

Lower-middle

income

countries

Upper-middle

income

countries

High income

countries

OIC member

countries

9.8

20.2

31.9

65.8

24.3

20.9

36.0

42.4

72.7

39.6

Index (normalized to 100)

SDG 9 Quality of overall infrastructure

0

1

2

3

4

5

6

4.9

4.4

3.8

5.1

4.0

2.9

3.4

3.6

4.6

4.3

3.5

4.9

3.9

3.2

3.7

3.7

Index Value (0-7 best)

Overall Infrastructure

Quality of Overall Infrastructure