IBIS The Role of IRTI In Promoting Research & Training in Islamic Economics,
Jan 02, 2016
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