Islamic Finance Sector Snapshot 2024/25
Islamic finance remains the chief engine of capital for the broader halal-economy ecosystem. Total Shariah-compliant assets reached US $4.93 trillion in 2023; on current trajectories they are forecast to expand to US $7.53 trillion by 2028, implying a robust 8.9 % compound annual growth rate. Saudi Arabia anchors the industry with just over US $1 trillion in assets, followed by Iran, Malaysia, the UAE and Qatar, which together account for well over two-thirds of global market share.
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