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Islamic Finance Market

Islamic Finance Market

Islamic Finance Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

205

Base Year:

2023

Date

Oct - 2024

Format:

PDF XLS PPT

Report Code:

VMR-2634

Segments Covered
  • By Type of Institution 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 By Financial Product Sukuk (Islamic Bonds), Murabaha (Cost-plus Financing), Musharaka (Profit-Sharing Partnerships), Ijara (Leasing)
  • By Target Market By Target Market Individuals, Corporations, Governments, Sovereign Wealth Funds
  • By Region By Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Snapshot
Base YearBase Year: 2023
Forecast YearsForecast Years: 2024 - 2032
Historical YearsHistorical Years: 2018 - 2022
Revenue 2023Revenue 2023: USD 3.5 Trillion
Revenue 2032Revenue 2032: USD 8.07 Trillion
Revenue CAGRRevenue CAGR (2024 - 2032): 9.7%
Fastest Growing Region Fastest Growing Region (2024 - 2032) Asia Pacific
Largest Region Largest Region (2023): Middle East and Africa
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost) Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries) Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report Country/Region-specific Report
  • Go To Market Strategy Go To Market Strategy
  • Region Specific Market Dynamics Region Specific Market Dynamics
  • Region Level Market Share Region Level Market Share
  • Import Export Analysis Import Export Analysis
  • Production Analysis Production Analysis
  • Other Others Request Customization Speak To Analyst
  1. Executive Dashboard
    1. Strategic Imperatives
  2. Premium Insights
    1. Top 3 Trends to Watch
    2. Demand and Supply Trends
    3. Top 3 Strategies Followed by Major Players
    4. Top 3 Predictions by Vantage Market Research
    5. Top Investment Pockets
    6. Insights from Primary Respondents
  3. Global Islamic Finance Market - Segment Analysis
    1. Overview
    2. Global Islamic Finance Market, 2016 - 2028 (USD Million)
    3. Global Islamic Finance Market - by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. Global Islamic Finance Market - by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. Global Islamic Finance Market - by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. Global Islamic Finance Market - by region
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
    7. Market comparative analysis
  4. North America Islamic Finance Market - Segment Analysis
    1. Overview
    2. North America Islamic Finance Market, 2016 - 2028 (USD Million)
    3. North America Islamic Finance Market, by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. North America Islamic Finance Market, by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. North America Islamic Finance Market, by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. North America Islamic Finance Market, by Country
      1. U.S.
        1. U.S. Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. U.S. Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. U.S. Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      2. Canada
        1. Canada Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Canada Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Canada Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      3. Mexico
        1. Mexico Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Mexico Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Mexico Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
  5. Europe Islamic Finance Market - Segment Analysis
    1. Overview
    2. Europe Islamic Finance Market, 2016 - 2028 (USD Million)
    3. Europe Islamic Finance Market, by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. Europe Islamic Finance Market, by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. Europe Islamic Finance Market, by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. Europe Islamic Finance Market, by Country
      1. Germany
        1. Germany Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Germany Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Germany Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      2. UK
        1. UK Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. UK Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. UK Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      3. France
        1. France Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. France Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. France Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      4. Spain
        1. Spain Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Spain Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Spain Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      5. Italy
        1. Italy Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Italy Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Italy Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      6. BENELUX
        1. BENELUX Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. BENELUX Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. BENELUX Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      7. Rest of Europe
        1. Rest Of Europe Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Rest Of Europe Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Rest Of Europe Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
  6. Asia Pacific Islamic Finance Market - Segment Analysis
    1. Overview
    2. Asia Pacific Islamic Finance Market, 2016 - 2028 (USD Million)
    3. Asia Pacific Islamic Finance Market, by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. Asia Pacific Islamic Finance Market, by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. Asia Pacific Islamic Finance Market, by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. Asia Pacific Islamic Finance Market, by Country
      1. China
        1. China Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. China Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. China Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      2. Japan
        1. Japan Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Japan Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Japan Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      3. India
        1. India Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. India Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. India Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      4. South Korea
        1. South Korea Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. South Korea Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. South Korea Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      5. South East Asia
        1. South East Asia Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. South East Asia Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. South East Asia Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      6. Rest of Asia Pacific
        1. Rest of Asia Pacific Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Rest of Asia Pacific Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Rest of Asia Pacific Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
  7. Latin America Islamic Finance Market - Segment Analysis
    1. Overview
    2. Latin America Islamic Finance Market, 2016 - 2028 (USD Million)
    3. Latin America Islamic Finance Market, by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. Latin America Islamic Finance Market, by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. Latin America Islamic Finance Market, by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. Latin America Islamic Finance Market, by Country
      1. Brazil
        1. Brazil Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Brazil Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Brazil Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      2. Argentina
        1. Argentina Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Argentina Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Argentina Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      3. Rest of Latin America
        1. Rest of Latin America Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Rest of Latin America Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Rest of Latin America Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
  8. Middle East & Africa Islamic Finance Market - Segment Analysis
    1. Overview
    2. Middle East & Africa Islamic Finance Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa Islamic Finance Market, by Type of Institution
      1. By Islamic Banks
      2. By Islamic Non-Banking Financial Institutions (NBFIs)
      3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
    4. Middle East & Africa Islamic Finance Market, by Financial Product
      1. By Sukuk (Islamic Bonds)
      2. By Murabaha (Cost-plus Financing)
      3. By Musharaka (Profit-Sharing Partnerships)
      4. By Ijara (Leasing)
    5. Middle East & Africa Islamic Finance Market, by Target Market
      1. By Individuals
      2. By Corporations
      3. By Governments
      4. By Sovereign Wealth Funds
    6. Middle East & Africa Islamic Finance Market, by Country
      1. GCC Countries
        1. GCC Countries Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. GCC Countries Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. GCC Countries Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      2. South Africa
        1. South Africa Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. South Africa Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. South Africa Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
      3. Rest of Middle East & Africa
        1. Rest of Middle East & Africa Islamic Finance Market, By Type of Institution
          1. By Islamic Banks
          2. By Islamic Non-Banking Financial Institutions (NBFIs)
          3. By Shariah-compliant units within Conventional Banks Takaful (Islamic Insurance) Companies
        2. Rest of Middle East & Africa Islamic Finance Market, By Financial Product
          1. By Sukuk (Islamic Bonds)
          2. By Murabaha (Cost-plus Financing)
          3. By Musharaka (Profit-Sharing Partnerships)
          4. By Ijara (Leasing)
        3. Rest of Middle East & Africa Islamic Finance Market, By Target Market
          1. By Individuals
          2. By Corporations
          3. By Governments
          4. By Sovereign Wealth Funds
  9. Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10. COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11. Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12. Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13. Company Profiles
    1. Al Baraka Banking Group
    2. Bank Islam Malaysia
    3. Abu Dhabi Islamic Bank
    4. Maybank Islamic
    5. Al Hilal Bank
    6. Al Rajhi Bank
    7. Ajman Bank
    8. Kuwait Finance House
    9. Boubyan Bank
    10. Sharjah Islamic Bank
    11. Bahrain Islamic Bank
    12. Noor Bank
    13. Qatar Islamic Bank
    14. Dubai Islamic Bank
    15. CIMB Islamic
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations
Vantage Market Research | 23-Sep-2024
FAQ
Frequently Asked Question
  • 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%.

  • 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.

  • The market is project to grow at a CAGR of 9.7% between 2024 and 2032.

  • The driving factors of the Islamic Finance include

  • Middle East and Africa was the leading regional segment of the Islamic Finance in 2023.