From the Collaborative Bond and Money Market Data Portal.
The Bank – Islamic, or Islamic Bank industry consists of financial institutions that operate according to the principles of islamic banking and finance. This differs from Sukuk, which are debt instruments structured specifically to comply with Sharia Law.
The Industry Sector is a classification that describes the activity of an entity within the economy. The classification is based on where the relevant entity derives the majority of its revenue.
In the Collaborative Bond and Money Market Data Model the Islamic Bank Industry Sector appears within the Industry Sector Type: Bank. Accordingly, this entity has a specific banking license from the regulator in its home jurisdiction.
CMDportal uses industry sector classifications both at the Legal Entity level, as well as at the Group level. At the Legal Entity level the entity is classified by their actual industry activity. Accordingly, we classify an issuer of Asset Backed Securities that is part of an Islamic bank as an ABS type issuer at the entity level but at the group level as for example a "Bank – Islamic.”
Based on available data, on the 27th of March 2020 the size of the Universal Bank International Bond Market at entity level was USD7.48bn equivalent in 5 different currencies.
For information on issues in Islamic Bank Bond Market, please use CMDportal's instrument search tool.
For information on the size of the Islamic Bank Bond Market, please use CMDportal's data sheet tool.
For information on the composition of the Islamic Bank Bond Market, please use CMDportal's issuer search tool.
For information on active dealers in the Islamic Bank Bond Market, please use CMDportal's dealer search tool.
For information on active investors in the Islamic Bank Bond Market, please use CMDportal's investor search tool.