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LIST OF BOXES
Box 2.1: AAOIFI’s Ruling on the Role of the Shariah Advisory Board in Sukuk Structures 24 Box 2.2: IOSCO’s Approach to Regulating ICMs 31 Box 3.1: Benefits of LCY Bond Markets 35 Box 3.2: Definition of NBFIs 39 Box 3.3: Turkey’s Asset-Leasing Companies and Trust Certificates 39 Box 3.4: AAOIFI’s Pronouncement on Revised Shariah Standards on Sukuk (2008) 42 Box 3.5: Crowding Out and Crowding In 43 Box 3.6: Depth of Malaysia’s NBFIs 66 Box 4.1: Malaysia’s Capital Market Plan 1 (CMP1) 74 Box 4.2: Malaysia’s Capital Market Plan 2 (CMP2) 74 Box 4.3: Size of Selected Asian Debt Markets as at end-2016 (USD billion) 77 Box 4.4: Malaysia’s GII 78 Box 4.5: DIEDC Strategies to Position Dubai as the Capital of the Islamic Economy 96 Box 4.6: Size of Selected Asian Debt Markets as at end-2016 (USD billion) 115 Box 4.7: Indonesian Capital Market Master Plan (2005-2009) 117 Box 4.8: Indonesia’s Capital Market and NBFI Master Plan (2010-2014) 118 Box 4.9: Indonesian Shariah Capital Market Roadmap (2015-2019) 119 Box 4.10: Indonesia’s National Medium-Term Development Plan (2015-5019) 130 Box 4.11: Turkey’s Tenth Development Plan (2014-2018) 137 Box 4.12: Turkey’s Medium-Term Programme (MTP) (2018-2020) 138 Box 4.13: Turkey’s Historical Inflation Rate 149 Box 4.14: Turkey’s Pension System 150 Box 4.15: Turkey’s Investment Funds 150 Box 4.16: Hong Kong Ranks among the Top 5 IFCs 156 Box 4.17: Size of Selected Asian Debt Markets as at end-2016 (USD billion) 158 Box 4.18: Nigeria’s 2015-2025 Capital Market Transformation Programme 170 Box 4.19: Nigeria’s NICMP Master Plan 2015 – 4 Key Strategies 171 Box 4.20: Nigeria’s National Savings Strategy 178




