Scores of the Islamic Finance Country Index in the MENA region 2019, by country

Published by
Amna Puri-Mirza,
Jan 7, 2022
In 2019, Iran had the highest Islamic Finance Country Index (IFCI) score and amounted to 79.03. The IFCI was initiated with the aim to capture the growth of the industry and to provide an immediate assessment of the state of Islamic banking finance (IBF) in each country.

Scores of the Islamic Finance Country Index (IFCI) in the Middle East and North Africa region (MENA) in 2019, by country

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

September 2019

Region

Algeria, Bahrain, Iran, Jordan, Kuwait, Lebanon, Morocco, Oman, Qatar, Saudi Arabia, Sudan, Syria, United Arab Emirates, Tunisia, Turkey, Egypt, Yemen, MENA, Palestinian territories

Survey time period

2019

Supplementary notes

* IFCI is based on a multivariate analysis. For construction of the index, data was collected on a number of variables, including macroeconomic indicators of the countries included. The data was then tested to see if it contained any meaningful information to draw conclusions from. After consideration of different multivariate methods, it was decided to use factor analysis to identify the factors that may influence Islamic Banking and Finance (IBF) in the countries included in the sample. These variables include number of Islamic banks, number of IBFIs, Sharia supervisory regime, Islamic financial assets, Muslim population, sukuk, education and culture and Islamic regulation and law.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Remittance flows by country worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Remittance flows by country worldwide

Flows, worldwide

5

Costs, worldwide

5

Africa

5

Europe

5

Latin America and the Caribbean

5

Middle East and Central Asia

5

North America

5

South Asia, East Asia, Australia and Oceania

5

Southeast Asia

5

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Islamic financial sectorFinancial marketsFinancial markets in AfricaInsurance industry in GCCFinancial landscape of Saudi Arabia
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.