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Islamic Finance Global Market Report 2025
Global Islamic Finance Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Islamic Finance Global Market Report 2025

By Financial Sector (Islamic Banking, Islamic Insurance – Takaful, Islamic Bonds ‘Sukuk’, Other Islamic Financial Institutions (OIFI’s), Islamic Funds), By Size Of Business (Small And Medium Business, Large Business), By Banking (Retail Banking, Commercial Banking, Investment Banking) – Market Size, Trends, And Global Forecast 2025-2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

What Is Covered Under Islamic Finance Market?

Islamic finance refers to a financial system that operates under Islamic law (Sharia), which prohibits interest (riba) and emphasizes ethical investing, profit-and-loss sharing, and asset-backed financing. It includes banking, investments, insurance, and other financial services that comply with these principles, aiming to promote social justice, economic welfare, and the equitable distribution of wealth.

The main sectors of islamic finance are islamic banking, islamic insurance – takaful, islamic bonds ‘sukuk’, other islamic financial institutions (OIFI’s), and islamic funds. Islamic banking refers to a system of banking that is consistent with the principles of Islamic law (Shariah), which prohibit the charging or payment of interest (RIBA) and promote profit-sharing. The size of business varies from small and medium business and large business. The banking differs from retail banking, commercial banking, and investment banking.

Islamic Finance Market Size and growth rate 2025 to 2029: Graph

What Is The Islamic Finance Market Size 2025 And Growth Rate?

The islamic finance market size has grown rapidly in recent years. It will grow from $7.99 billion in 2024 to $8.94 billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to demand for sharia-compliant products and practices, vast oil wealth stimulated fresh interest, the importance of risk-sharing in raising finance, strong investments in halal sectors, and expanding Islamic banking services.

What Is The Islamic Finance Market Growth Forecast?

The islamic finance market size is expected to see rapid growth in the next few years. It will grow to $13.89 billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to the expansion of the Islamic finance industry, increase in the muslim population, ethical and socially responsible investing, government support and regulation, and globalization of Islamic finance. Major trends in the forecast period include the introduction of electronic modes in all products and services, innovation in financial products, new launches of Islamic exchange-traded funds (ETFs), popularity of ESG-related financial assets, and integration of financial technology.

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How Is The Islamic Finance Market Segmented?

The islamic financemarket covered in this report is segmented –

1) By Financial Sector: Islamic Banking, Islamic Insurance – Takaful, Islamic Bonds ‘Sukuk’, Other Islamic Financial Institutions (OIFI’s), Islamic Funds

2) By Size Of Business: Small And Medium Business, Large Business

3) By Banking: Retail Banking, Commercial Banking, Investment Banking

Subsegments:

1) By Islamic Banking: Retail Banking, Corporate Banking, Investment Banking, Islamic Microfinance, Islamic Cooperative Banks

2) By Islamic Insurance – Takaful: Family Takaful (Life Insurance), General Takaful (Non-Life Insurance), Health Takaful, Takaful Investment Accounts, Corporate Takaful Solutions

3) By Islamic Bonds ‘Sukuk’: Sovereign Sukuk, Corporate Sukuk, Sukuk Ijarah, Sukuk Murabaha, Sukuk Musharakah

4) By Other Islamic Financial Institutions (OIFIs): Islamic Investment Banks, Islamic Asset Management Firms, Islamic Leasing Companies, Islamic Microfinance Institutions, Islamic Credit Unions

5) By Islamic Funds: Equity Funds, Real Estate Investment Funds, Commodity Funds, Islamic Index Funds, Shariah-Compliant Mutual Funds.

What Is Driving The Islamic Finance Market? Growing Muslim Population Fuels Islamic Finance Market Expansion

An increase in the muslim population is expected to propel the growth of the Islamic finance market going forward. The Muslim population is growing due to high fertility rates and a relatively young demographic. Muslim populations use Islamic finance to manage their financial needs in accordance with shariah law, which prohibits interest and encourages ethical, risk-sharing financial practices, ensuring that their financial activities align with their religious beliefs and values. For instance, in June 2024, according to the Alliance for a New Middle East Peace (ALLMEP), a US-based non-profit organization, Israel's muslim population was estimated at 1.782 million at the end of 2023, representing 18.1% of the total residents and marking an increase of 35,000 from 2022. Therefore, the increase in the muslim population is driving the growth of the Islamic finance market.

Who Are The Major Players In The Global Islamic Finance Market?

Major companies operating in the islamic finance market are Maybank Islamic, Abu Dhabi Commercial Bank, Etiqa Islamic Berhad, Al Rajhi Bank, Mellat Bank, Riyad Bank, Abu Dhabi Islamic Bank Egypt, Kuwait Finance House, Saudi British Bank, Al Baraka Bank, Bank ABC Islamic, HSBC Amanah, First Security Islami Bank, Bank of Khartoum, Al-Arafah Islami Bank, Social Islami Bank, Al Salam Bank, Ajman Bank, Al Hilal Bank, Bank Islam Brunei Darussalam, Bank Nizwa, EXIM Bank, Iraqi Islamic Bank of Inv & Dev, Affin Islamic Bank, OCBC Al-Amin Bank, Bank Keshavarzi, Barwa Bank, Khaleeji Commercial Bank

What Are The Key Trends Of The Global Islamic Finance Market? Islamic Finance Companies Drive Innovation With Digital Banking Platform

Major companies operating in the islamic finance market are focusing on innovating in financial products, such as digital banking platforms, to gain a competitive edge in the market. Digital banking platforms are online services provided by financial institutions that allow customers to conduct banking activities electronically, such as managing accounts, making transactions, and accessing financial products, via the internet or mobile applications. For instance, in March 2023, Salaam Bank Limited, a Uganda-based commercial financial institution, launched its first-ever interest-free commercial banking system and digital banking platforms, allowing it to operate following Islamic principles. The bank's national operations assert that Islamic banking has the potential to significantly contribute to Uganda's financial sector development and attract more Muslims to invest in the country's economy.

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What Are Latest Mergers And Acquisitions In The Islamic Finance Market? Al Salam Bank Acquires Kuwait Finance House Bahrain To Strengthen Position As Leading Islamic Financial Center

In May 2024, Al Salam Bank B.S.C., a Bahrain-based financial institution, acquired Kuwait Finance House Bahrain B.S.C. for an undisclosed amount. The acquisition aligns with Al Salam Bank's growth strategy, which includes expanding its portfolio and cementing its status as the fastest-growing Islamic bank in Bahrain. Kuwait Finance House Bahrain B.S.C. is a Bahrain-based Islamic finance provider.

What Is The Regional Outlook For The Global Islamic Finance Market?

Middle East And Africa was the largest region in the islamic finance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the islamic finance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the islamic finance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Islamic Finance Market?

The islamic finance market includes revenues earned by entities by providing services such as sharia-compliant banking services, investment products, leasing (ijarah), trade financing (murabaha), and asset management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Islamic Finance Industry?

The islamic finance market research report is one of a series of new reports from The Business Research Company that provides islamic finance market statistics, including islamic finance industry global market size, regional shares, competitors with an islamic finance market share, detailed islamic finance market segments, market trends, and opportunities, and any further data you may need to thrive in the islamic finance industry. This islamic finance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Islamic Finance Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $8.94 billion
Revenue Forecast In 2034 $13.89 billion
Growth Rate CAGR of 11.6% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Financial Sector: Islamic Banking, Islamic Insurance – Takaful, Islamic Bonds ‘Sukuk’, Other Islamic Financial Institutions (OIFI’s), Islamic Funds
2) By Size Of Business: Small And Medium Business, Large Business
3) By Banking: Retail Banking, Commercial Banking, Investment Banking Subsegments: 1) By Islamic Banking: Retail Banking, Corporate Banking, Investment Banking, Islamic Microfinance, Islamic Cooperative Banks
2) By Islamic Insurance – Takaful: Family Takaful (Life Insurance), General Takaful (Non-Life Insurance), Health Takaful, Takaful Investment Accounts, Corporate Takaful Solutions
3) By Islamic Bonds ‘Sukuk’: Sovereign Sukuk, Corporate Sukuk, Sukuk Ijarah, Sukuk Murabaha, Sukuk Musharakah
4) By Other Islamic Financial Institutions (OIFIs): Islamic Investment Banks, Islamic Asset Management Firms, Islamic Leasing Companies, Islamic Microfinance Institutions, Islamic Credit Unions
5) By Islamic Funds: Equity Funds, Real Estate Investment Funds, Commodity Funds, Islamic Index Funds, Shariah-Compliant Mutual Funds.
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Maybank Islamic, Abu Dhabi Commercial Bank, Etiqa Islamic Berhad, Al Rajhi Bank, Mellat Bank, Riyad Bank, Abu Dhabi Islamic Bank Egypt, Kuwait Finance House, Saudi British Bank, Al Baraka Bank, Bank ABC Islamic, HSBC Amanah, First Security Islami Bank, Bank of Khartoum, Al-Arafah Islami Bank, Social Islami Bank, Al Salam Bank, Ajman Bank, Al Hilal Bank, Bank Islam Brunei Darussalam, Bank Nizwa, EXIM Bank, Iraqi Islamic Bank of Inv & Dev, Affin Islamic Bank, OCBC Al-Amin Bank, Bank Keshavarzi, Barwa Bank, Khaleeji Commercial Bank
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Islamic Finance Market Characteristics

3. Islamic Finance Market Trends And Strategies

4. Islamic Finance Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Islamic Finance Growth Analysis And Strategic Analysis Framework

5.1. Global Islamic Finance PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Islamic Finance Market Growth Rate Analysis

5.4. Global Islamic Finance Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Islamic Finance Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Islamic Finance Total Addressable Market (TAM)

6. Islamic Finance Market Segmentation

6.1. Global Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Islamic Banking

Islamic Insurance – Takaful

Islamic Bonds ‘Sukuk’

Other Islamic Financial Institutions (OIFI’s)

Islamic Funds

6.2. Global Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Small And Medium Business

Large Business

6.3. Global Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Retail Banking

Commercial Banking

Investment Banking

6.4. Global Islamic Finance Market, Sub-Segmentation Of Islamic Banking, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Retail Banking

Corporate Banking

Investment Banking

Islamic Microfinance

6.5. Global Islamic Finance Market, Sub-Segmentation Of Islamic Insurance – Takaful, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Family Takaful (Life Insurance)

General Takaful (Non-Life Insurance)

Health Takaful

Takaful Investment Accounts

Corporate Takaful Solutions

6.6. Global Islamic Finance Market, Sub-Segmentation Of Islamic Bonds ‘Sukuk’, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Sovereign Sukuk

Corporate Sukuk

Sukuk Ijarah

Sukuk Murabaha

Sukuk Musharakah

6.7. Global Islamic Finance Market, Sub-Segmentation Of Other Islamic Financial Institutions (OIFIs), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Islamic Investment Banks

Islamic Asset Management Firms

Islamic Leasing Companies

Islamic Microfinance Institutions

Islamic Credit Unions

6.8. Global Islamic Finance Market, Sub-Segmentation Of Islamic Funds, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Equity Funds

Real Estate Investment Funds

Commodity Funds

Islamic Index Funds

Shariah-Compliant Mutual Funds

7. Islamic Finance Market Regional And Country Analysis

7.1. Global Islamic Finance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Islamic Finance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Islamic Finance Market

8.1. Asia-Pacific Islamic Finance Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Islamic Finance Market

9.1. China Islamic Finance Market Overview

9.2. China Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Islamic Finance Market

10.1. India Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Islamic Finance Market

11.1. Japan Islamic Finance Market Overview

11.2. Japan Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Islamic Finance Market

12.1. Australia Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Islamic Finance Market

13.1. Indonesia Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Islamic Finance Market

14.1. South Korea Islamic Finance Market Overview

14.2. South Korea Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Islamic Finance Market

15.1. Western Europe Islamic Finance Market Overview

15.2. Western Europe Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Islamic Finance Market

16.1. UK Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Islamic Finance Market

17.1. Germany Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Islamic Finance Market

18.1. France Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Islamic Finance Market

19.1. Italy Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Islamic Finance Market

20.1. Spain Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Islamic Finance Market

21.1. Eastern Europe Islamic Finance Market Overview

21.2. Eastern Europe Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Islamic Finance Market

22.1. Russia Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Islamic Finance Market

23.1. North America Islamic Finance Market Overview

23.2. North America Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Islamic Finance Market

24.1. USA Islamic Finance Market Overview

24.2. USA Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Islamic Finance Market

25.1. Canada Islamic Finance Market Overview

25.2. Canada Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Islamic Finance Market

26.1. South America Islamic Finance Market Overview

26.2. South America Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Islamic Finance Market

27.1. Brazil Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Islamic Finance Market

28.1. Middle East Islamic Finance Market Overview

28.2. Middle East Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Islamic Finance Market

29.1. Africa Islamic Finance Market Overview

29.2. Africa Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Islamic Finance Market Competitive Landscape And Company Profiles

30.1. Islamic Finance Market Competitive Landscape

30.2. Islamic Finance Market Company Profiles

30.2.1. Maybank Islamic Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Abu Dhabi Commercial Bank Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Etiqa Islamic Berhad Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Al Rajhi Bank Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Mellat Bank Overview, Products and Services, Strategy and Financial Analysis

31. Islamic Finance Market Other Major And Innovative Companies

31.1. Riyad Bank

31.2. Abu Dhabi Islamic Bank Egypt

31.3. Kuwait Finance House

31.4. Saudi British Bank

31.5. Al Baraka Bank

31.6. Bank ABC Islamic

31.7. HSBC Amanah

31.8. First Security Islami Bank

31.9. Bank of Khartoum

31.10. Al-Arafah Islami Bank

31.11. Social Islami Bank

31.12. Al Salam Bank

31.13. Ajman Bank

31.14. Al Hilal Bank

31.15. Bank Islam Brunei Darussalam

32. Global Islamic Finance Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Islamic Finance Market

34. Recent Developments In The Islamic Finance Market

35. Islamic Finance Market High Potential Countries, Segments and Strategies

35.1 Islamic Finance Market In 2029 - Countries Offering Most New Opportunities

35.2 Islamic Finance Market In 2029 - Segments Offering Most New Opportunities

35.3 Islamic Finance Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Islamic Finance Market, Sub-Segmentation Of Islamic Banking, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Islamic Finance Market, Sub-Segmentation Of Islamic Insurance – Takaful, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Islamic Finance Market, Sub-Segmentation Of Islamic Bonds ‘Sukuk’, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Islamic Finance Market, Sub-Segmentation Of Other Islamic Financial Institutions (OIFIs), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Islamic Finance Market, Sub-Segmentation Of Islamic Funds, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Islamic Finance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Islamic Finance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Maybank Islamic Financial Performance
  • Table 80: Abu Dhabi Commercial Bank Financial Performance
  • Table 81: Etiqa Islamic Berhad Financial Performance
  • Table 82: Al Rajhi Bank Financial Performance
  • Table 83: Mellat Bank Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Islamic Finance Market, Sub-Segmentation Of Islamic Banking, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Islamic Finance Market, Sub-Segmentation Of Islamic Insurance – Takaful, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Islamic Finance Market, Sub-Segmentation Of Islamic Bonds ‘Sukuk’, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Islamic Finance Market, Sub-Segmentation Of Other Islamic Financial Institutions (OIFIs), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Islamic Finance Market, Sub-Segmentation Of Islamic Funds, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Islamic Finance Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Islamic Finance Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Islamic Finance Market, Segmentation By Financial Sector, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Islamic Finance Market, Segmentation By Size Of Business, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Islamic Finance Market, Segmentation By Banking, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Maybank Islamic Financial Performance
  • Figure 80: Abu Dhabi Commercial Bank Financial Performance
  • Figure 81: Etiqa Islamic Berhad Financial Performance
  • Figure 82: Al Rajhi Bank Financial Performance
  • Figure 83: Mellat Bank Financial Performance

Frequently Asked Questions

Islamic finance refers to a financial system that operates under Islamic law (Sharia), which prohibits interest (riba) and emphasizes ethical investing, profit-and-loss sharing, and asset-backed financing. It includes banking, investments, insurance, and other financial services that comply with these principles, aiming to promote social justice, economic welfare, and the equitable distribution of wealth. For further insights on the Islamic Finance market, request a sample here

The Islamic Finance market major growth driver - Growing Muslim Population Fuels Islamic Finance Market Expansion. For further insights on the Islamic Finance market, request a sample here

The Islamic Finance market size has grown strongly in recent years. The islamic finance market size has grown rapidly in recent years. It will grow from $7.99 $ billion in 2024 to $8.94 $ billion in 2025 at a compound annual growth rate (CAGR) of 11.9%. The growth in the historic period can be attributed to demand for sharia-compliant products and practices, vast oil wealth stimulated fresh interest, the importance of risk-sharing in raising finance, strong investments in halal sectors, and expanding Islamic banking services. The islamic finance market size is expected to see rapid growth in the next few years. It will grow to $13.89 $ billion in 2029 at a compound annual growth rate (CAGR) of 11.6%. The growth in the forecast period can be attributed to the expansion of the Islamic finance industry, increase in the muslim population, ethical and socially responsible investing, government support and regulation, and globalization of Islamic finance. Major trends in the forecast period include the introduction of electronic modes in all products and services, innovation in financial products, new launches of Islamic exchange-traded funds (ETFs), popularity of ESG-related financial assets, and integration of financial technology. For further insights on the Islamic Finance market, request a sample here

The islamic financemarket covered in this report is segmented –
1) By Financial Sector: Islamic Banking, Islamic Insurance – Takaful, Islamic Bonds ‘Sukuk’, Other Islamic Financial Institutions (OIFI’s), Islamic Funds
2) By Size Of Business: Small And Medium Business, Large Business
3) By Banking: Retail Banking, Commercial Banking, Investment Banking
Subsegments:
1) By Islamic Banking: Retail Banking, Corporate Banking, Investment Banking, Islamic Microfinance, Islamic Cooperative Banks
2) By Islamic Insurance – Takaful: Family Takaful (Life Insurance), General Takaful (Non-Life Insurance), Health Takaful, Takaful Investment Accounts, Corporate Takaful Solutions
3) By Islamic Bonds ‘Sukuk’: Sovereign Sukuk, Corporate Sukuk, Sukuk Ijarah, Sukuk Murabaha, Sukuk Musharakah
4) By Other Islamic Financial Institutions (OIFIs): Islamic Investment Banks, Islamic Asset Management Firms, Islamic Leasing Companies, Islamic Microfinance Institutions, Islamic Credit Unions
5) By Islamic Funds: Equity Funds, Real Estate Investment Funds, Commodity Funds, Islamic Index Funds, Shariah-Compliant Mutual Funds. For further insights on the Islamic Finance market,
request a sample here

Middle East And Africa was the largest region in the islamic finance market in 2024. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the islamic finance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Islamic Finance market, request a sample here.

Major companies operating in the islamic finance market are Maybank Islamic, Abu Dhabi Commercial Bank, Etiqa Islamic Berhad, Al Rajhi Bank, Mellat Bank, Riyad Bank, Abu Dhabi Islamic Bank Egypt, Kuwait Finance House, Saudi British Bank, Al Baraka Bank, Bank ABC Islamic, HSBC Amanah, First Security Islami Bank, Bank of Khartoum, Al-Arafah Islami Bank, Social Islami Bank, Al Salam Bank, Ajman Bank, Al Hilal Bank, Bank Islam Brunei Darussalam, Bank Nizwa, EXIM Bank, Iraqi Islamic Bank of Inv & Dev, Affin Islamic Bank, OCBC Al-Amin Bank, Bank Keshavarzi, Barwa Bank, Khaleeji Commercial Bank. For further insights on the Islamic Finance market, request a sample here.

Major trends in the Islamic Finance market include Islamic Finance Companies Drive Innovation With Digital Banking Platform. For further insights on the Islamic Finance market, request a sample here.

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