In 2021, the total value of the global Islamic financial services industry (IFSI) in the Gulf Cooperation Council region (GCC) amounted to 1.6 tillion U.S. dollars. In the same year, the global IFSI managed to have a positive growth across its three main sectors (banking, capital markets and takaful) despite the depreciation of several emerging market currencies.
Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region
(in billion U.S. dollars)
* Thte Islamic Financial services Industry compromises of Banking assets, sukuk outstanding, Islamic fund assets and takaful contributions. Data for sukuk outstanding and Islamic funds are for full-year 2019;, for Islamic banking are as at 3Q2018; and for takaful are as at end-2018.
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IFSB. (August 28, 2022). Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/
IFSB. "Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region (in billion U.S. dollars)." Chart. August 28, 2022. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/
IFSB. (2022). Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/
IFSB. "Distribution of The Total Value of The Global Islamic Financial Services Industry (Ifsi) Worldwide in 2021, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Aug 2022, https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/
IFSB, Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/ (last visited December 31, 2024)
Distribution of the total value of the global Islamic financial services industry (IFSI) worldwide in 2021, by region (in billion U.S. dollars) [Graph], IFSB, August 28, 2022. [Online]. Available: https://www.statista.com/statistics/1098701/worldwide-distribution-of-total-value-of-the-global-ifsi-by-region/
