Survey of Global Islamic Finance - Market Research Reports | Market Research Report || Company Profile | Scoop.it

 

Aarkstore.com announces, a new market research report is available in its vast collection:

Survey of Global Islamic Finance

http://www.aarkstore.com/reports/Survey-of-Global-Islamic-Finance-220192.html

Synopsis

Although the Shariah-compliant retail financial services industry is still in the early stages of development in many markets, there are some lessons and best practice issues emerging in the industry. This report looks at the likely trends within this market and assesses the future potential for growth in mortgage finance, credit cards and wealth management.

Summary

Islamic banking has witnessed significant growth since it was formally launched and has since been boosted by the repatriation of Middle Eastern funds and economic development in that region. Given the favourable demographic trends within core markets, growth is set to continue. In addition, major international financial services firms have launched Shariah-compliant businesses; The UK, US and Singapore all witnessed the establishment of independent Shariah-compliant financial institutions; and regulators of major Islamic banking markets agreed on regulatory standards governing Islamic banking activities. As the re-structuring of global financial services continues, and previously well established financial players attempt to re-position themselves with core audiences, many are arguing that Islamic banking practices have shielded institutions and their customers from the consequences of the credit crunch. As a result, shariah models have gained favour with non Muslim customers looking for an alternative financial model with a prominent moral foundation. At the same time industry observers feel that the continued expansion of product lines has the potential to blur the lines between Islamic and other ‘more mainstream’ types of finance.

Scope

• This report provides an extensive analysis of the global Islamic finance market
• It details historical values for the Islamic finance market
• The report provides a detailed analysis on key trends and drivers, marketing strategies, and challenges in the global Islamic finance market
• It details the marketing strategies adopted by various banks
• It profiles the major banks operating in the Islamic finance sector

Reasons To Buy

• Understand Islamic finance
• Gain insight on the principles governing financial and business activities in Islam
• Identify the growth drivers in the Islamic consumer finance and retail banking industry
• Assess the competitive dynamics of the Islamic finance industry

Key Highlights

• Islamic finance Assets-Under-Management (AUM) grew at 18.8% per annum during the period 2006-2011.
• Iran alone accounts for around a 37% share of Islamic finance assets.
• Unlike conventional products in mature markets, where there is a lot of competition, Shariah-compliant products have a ready market due to significant customer demand.
• Customers of Shariah-compliant products tend to have a more favourable risk profile compared to customers of conventional consumer finance products.
• Although Shariah-compliant vehicle financing is structured differently by institution and country, one of the major issues being faced by financial institutions is the lack of customer understanding of the unique features of these Shariah-compliant products.

Table of Contents :

 

1 Executive Summary
2 Introduction to Islamic Retail Banking and Consumer Finance
2.1 What is Islamic finance?
2.1.1 Islamic Shariah and its sources
2.1.2 Principles governing financial and business activities in Islam
2.2 Developing Shariah-compliant products
2.3 Techniques used in Islamic banking and finance
2.4 The Shariah approval process
2.5 Dedicated board of Shariah scholars
2.5.1 Board of Shariah scholars at government level
2.5.2 External Shariah audit or certification
2.6 Approaches towards Shariah compliance in the Middle East
2.6.1 The Middle East
2.7 Growth drivers in the Islamic consumer finance and retail banking industry
2.8 Marketing potential
2.8.1 Shariah-compliant products as a customer acquisition tool
2.8.2 Opportunities to open up new market segments
2.8.3 Greater profitability of Islamic consumer finance customers
2.8.4 Low product penetration
2.8.5 Favourable cost structures
2.8.6 Low customer acquisition costs
2.8.7 Low development costs
2.8.8 Profitability of Islamic products
2.8.9 Greater prominence of the industry
2.8.10 Acceptance by conservative customers
2.8.11 Greater transparency and customer advocacy
2.8.12 The adapting role of Islamic financial institutions
2.8.13 Sizing up the Islamic finance market
3 Shariah-compliant retail finance products
3.1 Islamic mortgages
3.1.1 Overview
3.1.2 Murabahah-based products
3.1.3 Ijarah (leasing) plus diminishing equity based contracts
3.1.4 Musharakah-based contracts
3.2 Risk management issues
3.2.1 Default risk
3.2.2 Insurance risk

More Related Reports :

  Personal Accident Insurance in Poland to 2016: Market Databook

  Individual Life Insurance in Italy to 2016: Market Databook

  Motor Insurance in Poland to 2016: Market Databook

  Motor Insurance in Italy to 2016: Market Databook

  Liability Insurance in Australia to 2016: Market Databook

  Liability Insurance in Colombia to 2016: Market Databook

  Liability Insurance in Chile to 2016: Market Databook

  Liability Insurance in Poland to 2016: Market Databook

  Liability Insurance in Italy to 2016: Market Databook

  Liability Insurance in France to 2016: Market Databook

  Liability Insurance in Austria to 2016: Market Databook

  Infrastructure Construction in Colombia to 2016: Market Databook

  Institutional Construction in Colombia to 2016: Market Databook

For more Reports ... http://www.aarkstore.com/publishers/Timetric--125.html

For More details about above & other Reports plz contact :

Vina

Aarkstore.com

Contact: Marketing team

Mob.No.918149852585

Email: enquiry@aarkstore.com

URL: http://www.aarkstore.com/

http://in.linkedin.com/in/aarkstore

http://www.facebook.com/aarkstore

You can also request for sample page of above mention reports on sample@aarkstore.com