National and Global Islamic Financial Architecture:
Prolems and Possible Solutions for the OIC Member Countries
167
Chart
5.2: Banking Assets
Source: BIS Statistics Explorer, Q3 2015
For capital markets, the most useful data as a gauge of overall importance are from the World
Federation of Exchanges monthly statistical reports. The figures for different exchanges for five
countries are given in Chart 5.3.
Chart
5.3: Market Capitalization
Source: Data from the World Federation of Exchanges monthly report, December 2015, except
London Stock Exchange, for which figure is from the Exchange’s own website. Figures as at 31
December 2015
In the context of sukuk, which are often classed with debt securities, it is also useful to look at
the data on these. Chart 5.4 shows the figures for outstanding debt securities issued in the
jurisdictions along with the international component.
6.830
5.493
187
371
1.145
4.491
2.254
662
733
1.273
0
1.000
2.000
3.000
4.000
5.000
6.000
7.000
8.000
UK
Germany Luxembourg Singapore Hong Kong
USD (billions)
Banks' Local Positions
Banks' Foreign Positions
5.865
1.716
47
640
3.185
-
1.000
2.000
3.000
4.000
5.000
6.000
7.000
London
Stock
Exchange
Deutsche
Borse
Luxembourg
Stock
Exchange
Singapore
Exchange
Hong Kong
Stock
Exchange
USD (billions)