The IMF/WBG Note presents policy issues related to Islamic finance for consideration by the G20 members. It provides policy recommendations at the national and international levels to better integrate Islamic finance into global finance. Islamic finance emphasises on financing real economic transactions through trade financing, leasing, and asset backed and risk-sharing finance. This field has expanded in terms of its geographic coverage and diversity of services, encompassing banking, capital markets, insurance, trade finance, investment funds, equity markets and micro-finance.