IBIS

The Role of IRTI

In Promoting Research & Training in Islamic Economics, Banking & Finance

IBIS

• IRTI• ISLAMIC RESEARCH & TRAINING

INSTITUTE

• is a Member of the• ISLAMIC DEVELOPMENT BANK GROUP

• and its Research &Training Arm

IBIS

Established by the IDB in 1981 as

its Research & Training Arm

Became operational in 1983

Became IDB Group Member in 2003

Establishment & Operation

IBIS IBIS

Information & knowledge

Services Division

An overview presentation of “Islamic Banks

Information System” (IBIS)

IBIS

Contents

• Part I:Background• Part II:Islamic banks & financial institutions

Information system (IBIS)

• Part III :IBIS Components.• Part IV : Islamic Banks’ profile &

Financial Data

• Part V:Targeted users , current Customers & Way forward.

IBIS

• Create & maintain an Islamic banks & financial institutions Internet - based Information System (known as IBIS).

• Establish financial databases of Islamic Banks, Islamic Companies (including Islamic Mutual Funds), Takaful Companies and others in IBIS.

Background

IBIS

Islamic banks & financial institutions information system (IBIS)

• IBIS is Primarily an internet–based Islamic banking & other financial institutions information system. Also, It hosts several other Modules.

• It hosts nine different Modules that each one serves a unique purpose for the promotion and the development of Islamic Financial Industry.

• IRTI intends that IBIS will act as a global portal for Islamic banks.

IBIS

Islamic banks & financial institutions information system (IBIS)

• Promote the development of Shari’a compliant financial instruments (products) as well as cooperation among the financial institutions which are offering Islamic financial services.

• This information system maintains financial information, ownership, governance & other relevant data for analysts, researchers, Academicians and etc.

IBIS

IBIS Components

• is primarily a financial database of Islamic banks

Module 1 (Islamic Banks’ profile & Financial Data )

• Provide necessary description & information of other Islamic financial institutions

Module 2 (Directory of other

Islamic Financial Institutions )

• contain contact & Biographical information on key scholars & practitioners in Islamic finance and economy.

Module 3 (Who’s who Database )

IBIS

• is mainly a Fatwa database that contain Shari’a matters & the rulings of Shari’a Boards relevant to Islamic banking & finance

Module 4 (Islamic Banks’ Fatawa

Database )

• is a glossary of Islamic economic terms with sufficient description of each term

Module 5 (Glossary of

Islamic Economic terms )

• is a publication database that contains a bibliography of Islamic economic publications

Module 6 (Publication Bibliography Database )

IBIS Components

IBIS

IBIS Components

• is a news database which gives information on special reports & important news on Islamic finance & economy.

Module 7 (News

Database)

• is an events database that provides information on necessary events such as seminars & conferences.

Module 8 (Events

Database )• is discussion forum which is

dedicated to promote the sharing & exchange of ideas and knowledge among the users of the system.

Module 9 (Discussion

Forum )

IBIS

Islamic Banks’ Profile & Financial Data

Maintain detailed financial database on Islamic banks. It provides reliable & verifiable data and

reports about the banks.Store a single data collection & analysis form

(known as a Questionnaire) for Islamic banks.Capture , processes & stores analyzed data.

Islamic Banks’ Profile & Financial Data

IBIS

Generate a variety of bank or group of banks time series reports from

the financial database of the bank(s).

Generate Financial reports which include Concentration of economic

Sectors , Growth Rate by bank/year, Islamic Modes of Finance, Industry

Financial highlights and etc.

Provide information about rating agencies & rating reports of the

banks.

Contain information about foreign exchange rates and it has exchange

rate conversion capability.

Produce financial ratios from the analyzed

financial data of the bank (s).

IBIS

Islamic Banks’ Profile & Financial Data

Create adequate, reliable and relevant financial information that is Shari’a compliant in Module-1 for the users of IBIS

Promote & enable Islamic Banks to attract Savings and Investments that benefit individuals & Society as a whole.

Facilitate the decision making process of investing public to assess & evaluate the ability of Islamic banks to achieve their objectives.

IBIS

Islamic Banks’ Profile & Financial Data

Provide financial stock and flow data for analytical use within IRTI, other IDB – Group entities as well as external users (analysts).

Increase an awareness and promote the development of Shari’a compliant financial instruments (products) for Islamic banking

and finance.

IBIS

Financial Indicators

•Financial Ratios(Prudential Indicators) are not included in the Questionnaire but are computed from the data in the Questionnaire for the relevant use of them by the analyst(s).

•Main categories of Ratios(Indicators) include:1. Capital adequacy (3)2. Asset quality (2)3. Management (Operational)

efficiency (2)4. Earnings (Performance) (8)5. Liquidity(5).

IBIS

Standard Financial Reports

Through IBIS, the following reports (and more) could be generated:

Industry Financial highlights

Bank report

Size of Islamic Finance Industry

Islamic Modes of Finance

Concentration of economic Sectors

Financial ratios

Growth rate, etc.

IBIS

Targeted Users

Islamic Financial Institutions

Shareholders, Creditors &

InvestorsManagement

Researchers & Scholars

Academicians & Students

Industry professionals

Monetary agencies ( CB, IMF,

IFSB, AAOIFI, IILM,UAB, etc).

IBIS

• Current IBIS users vary including Researchers, Academicians, Industry Professionals and etc.

• IRTI professionals use IBIS financial information for their research.

• Recently, IRTI published Books and Papers that Authors have exclusively utilized IBIS financial information for their study and research.

Current Customers

IBIS

Islamic Banking structure - implications for Risk and Financial

Stability By

Dr. Abd Elrahman Elzahi Saaid Ali

Recent publications

IBIS

The Impact of Credit Risk Transfer on Islamic Banks Lending Behavior and Financial Stability By

Dr. Abd Elrahman Elzahi Saaid Ali

Recent publications

IBIS

Islamic Banking in the Middle-East and North –Africa (MENA) Region

Published-http\\siteresources-worldbank.org/

State of Liquidity Management in Islamic Financial Institutions

by Dr. Salman Syed Ali

Recent publications

IBIS

IRTI is in the process of establishing an Islamic Financial Industry Information Center(IFII Center).

IFII Center is a portfolio of an online applications and databases maintaining relevant data of the Industry.

Most Business requirements of the Center Components are prepared.

Main Center Components include : Islamic Financial Institutions (I.e. Banks, Takaful, &

Islamic Funds) Islamic Social Finance Industry (I.e. Microfinance, Awqaf

& Zakat) Shari’a Database, etc.

Work-in Progress

IBIS

Thank You