Islamic Finance Market
Islamic Finance Market - Global Industry Assessment & Forecast
Segments Covered
- By Type of Institution Islamic Banks, Islamic Non-Banking Financial Institutions (NBFIs), Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
- By Financial Product Sukuk (Islamic Bonds), Murabaha (Cost-plus Financing), Musharaka (Profit-Sharing Partnerships), Ijara (Leasing)
- By Target Market Individuals, Corporations, Governments, Sovereign Wealth Funds
- By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 3.5 Trillion |
Revenue 2032: | USD 8.07 Trillion |
Revenue CAGR (2024 - 2032): | 9.7% |
Fastest Growing Region (2024 - 2032) | Asia Pacific |
Largest Region (2023): | Middle East and Africa |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2018 to 2022 |
3. | Forecast Data | 2024 to 2032 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Islamic Finance in terms of revenue?
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The global Islamic Finance valued at USD 3.5 Trillion in 2023 and is expected to reach USD 8.07 Trillion in 2032 growing at a CAGR of 9.7%.
Which are the prominent players in the market?
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The prominent players in the market are Al Baraka Banking Group, Bank Islam Malaysia, Abu Dhabi Islamic Bank, Maybank Islamic, Al Hilal Bank, Al Rajhi Bank, Ajman Bank, Kuwait Finance House, Boubyan Bank, Sharjah Islamic Bank, Bahrain Islamic Bank, Noor Bank, Qatar Islamic Bank, Dubai Islamic Bank, CIMB Islamic.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 9.7% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the Islamic Finance include
Which region accounted for the largest share in the market?
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Middle East and Africa was the leading regional segment of the Islamic Finance in 2023.