VIII

Tables

Table 1.1: Breakdown of Islamic Financial Assets (in USD billion, as of 2012) ......................................................................2 Table 1.2: Islamic Indices Providers for Equity Markets ...................................................................................................................6 Table 3.1: IFSI Industry ................................................................................................................................................................................... 48 Table 3.2: Types of Islamic Financial Instruments............................................................................................................................. 51 Table 3.3. Regulatory and Supervisory Structures and Laws and Regulations in OIC member countries ............ 57 Table 5.1 Types of Risks – Description and Influence ....................................................................................................................103 Table 5.2: Perception of Risks in Modes of Financing ....................................................................................................................108 Table 5.3: Regional Distribution for Perceptions of Credit Risk................................................................................................109 Table 5.4: Operational Risk and Presence of Risk Management System...............................................................................109 Table 5.5: Challenges in Risk Management..........................................................................................................................................110 Table 5.6: The Prerequisites to Risk Monitoring ..............................................................................................................................114 Table 6.1: Progress Made in Ten Areas for Legal and Supervisory Enablement...............................................................125 Table 6.2: Ten-Year Framework Recommendations ......................................................................................................................135 Table 6.3: Key Performance Indicators for Measuring Progress ..............................................................................................137 Table 6.4: Key Initiatives ..............................................................................................................................................................................140 Table A.2: Remedial Measures for Sukuk Defaults and Near Defaults ...................................................................................181

Charts

Chart 1.1: Distribution of Islamic Banking Assets of QISMUT Countries ...................................................................................4 Chart 1.2: 2008-2012 CAGR of QISMUT Countries ...............................................................................................................................4 Chart 1.3: Islamic Funds and Takaful Assets By Region.................................................................................................................. 13 Chart 1.4: Banking Assets and Sukuk By Region................................................................................................................................. 13 Chart 1.5: Total Islamic Finance Assets (USA billion)....................................................................................................................... 13 Chart 4.1: Asset Quality Ratios for Asia Region ................................................................................................................................... 65 Chart 4.2: Capital Adequacy Ratio for Asia Region ............................................................................................................................ 65 Chart 4.3: Operational Efficiency Ratios for Asia Region ................................................................................................................ 66 Chart 4.4: Liquidity Ratio for Asia Region.............................................................................................................................................. 66 Chart 4.5: Asset Quality Ratios for MENA Region............................................................................................................................... 68 Chart 4.6: Capital Adequacy Ratio for MENA Region ........................................................................................................................ 68 Chart 4.7: Operational Efficiency Ratios for MENA Region............................................................................................................ 69 Chart 4.8: Liquidity Ratio for MENA Region.......................................................................................................................................... 69 Chart 4.9: Asset Quality Ratios for Sub-Saharan Africa Region ................................................................................................... 71 Chart 4.10: Capital Adequacy Ratio for Sub-Saharan Africa Region.......................................................................................... 71 Chart 4.11: Operational Efficiency Ratios for Sub-Saharan Africa Region ............................................................................. 71 Chart 4.12: Liquidity Ratio for Sub-Saharan Africa Region ........................................................................................................... 72 Chart 4.13: Asset Quality Ratios for Malaysian Banks...................................................................................................................... 74 Chart 4.14: Capital Adequacy Ratio for Malaysian Banks............................................................................................................... 74 Chart 4.15: Operational Efficiency Ratios for Malaysian Banks................................................................................................... 75 Chart 4.16: Liquidity Ratio for Malaysian Banks................................................................................................................................. 75 Chart 4.17: Non-Performing Loans (Gross) / Total Cash Loans (%)-Ratio............................................................................ 77 Chart 4.18: Provision for Non-Performing Loans / Gross Non-Performing Loans (%)-Ratio...................................... 77 Chart 4.19: Demand Deposit (Funds Collected) / Total Deposit (Funds Collected) (%)-Ratio.................................... 78