Arthur Index
Africa's First Comprehensive
Islamic Finance Index Platform
Arthur Index delivers data, analytics, market insights, and performance tracking for the non-interest financial industry. Empowering investors, regulators, and institutions with reliable market intelligence to drive informed decision-making.
Documentation
Required
- Valid government-issued ID
- Bank Verification Number (BVN)
- Proof of address
- Completed subscription form
- Bank account details for returns
Measure, track, and analyze the development of Nigeria's Islamic finance
As the continent’s first dedicated Islamic finance index, AIFMI provides structured insights into market performance across five key segments, over twenty non-interest financial instruments, and more than one hundred Islamic financial institutions.
What is the Arthur Index?
Built by Arthur Group—Nigeria’s leading platform driving the growth and institutionalization of non-interest finance—the Arthur Index serves as an essential benchmark tool for investors, policymakers, regulators, and financial institutions seeking reliable market intelligence in Nigeria’s rapidly evolving Islamic finance ecosystem.
What markets does this Index cover?
Track performance across five critical Islamic finance market segments:
- Federal Government (FGN) Sukuk
- Corporate Sukuk
- Sub-National Sukuk
- Shariah-Compliant Equities
- Non-Interest Banking
What dimensions are analysed
Index measures development across four key pillars:
- Size & Activity (30%): Market scale and transaction volumes
- Liquidity (30%): Trading depth and secondary market activity
- Breadth & Participation (20%): Product diversity and investor base
- Quality & Resilience (20%): Ratings, governance, and risk management
