The online repository, to be named the ‘Islamic Financial Industry Intelligence (IFII)’, is aimed to be a one-stop shop for comprehensive and reliable Islamic financial and non-financial data and information.
IRTI Director General, Prof. Mohamed Azmi Omar, and CIBAFI Secretary General, Mr. Abdelilah Belatik, jointly signed the agreement on behalf of the two institutions, at the IDB Group Headquarters in Jeddah.
IFII would comprise several integrated databases covering all the components of the Islamic finance industry including banking, insurance, and social finance.
In the first phase, the system will take off with a database of Islamic banking information.
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