Statistical treatment of Islamic finance in national and international accounts - ESCWA
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11 Jan 2022

Statistical treatment of Islamic finance in national and international accounts

Screenshot from the event

Last December, ESCWA, in coordination with the United Nations Statistics Division (UNSD) and the Task Team on Islamic Finance (IFTT), organized a webinar to discuss recommendations on incorporating Islamic finance in national and international accounts.
 
Representatives from statistical offices and central banks as well as experts and other stakeholders learned about the progress on the Islamic finance guidance note. Represented countries were asked to provide their views and volunteer for the early testing and experimentation of the guidance note.
 
Participants agreed on the importance of this statistical integration with the growing industry of Islamic finance, and the need to create harmonized standards and classifications to produce more comparable and clear Islamic finance data.
 
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