Islamic financial services assets globally 2021, by sector

Published by
Amna Puri-Mirza,
Mar 22, 2024
Just over two thirds of the total assets of the global Islamic financial services industry were held by Islamic banks in 2021, amounting to 2.1 trillion U.S. dollars. The second highest category was outstanding "sukuk", which are similar to bonds but structured in a way to avoid interest payments, so as to comply with Islamic religious law. "Takaful", which are similar to insurance products, are the smallest segment of the Islamic financial services industry.

Assets of Islamic financial services worldwide in 2021, by sector (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

August 2022

Region

Worldwide

Survey time period

2021*

Supplementary notes

Islamic financial services are structured so as to comply with Islamic religious law (Sharia). Typically, Sharia is understood to prohibit investments in:

  • conventional financial services or debt instruments which earn income through interest or excess
  • businesses which engage in activities forbidden by Sharia, such alcohol and gambling
  • speculative transactions

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Investment funds "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Investment funds

Overview

6

Mutual funds

8

Hedge funds

8

Exchange traded funds

8

Pension funds

7

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Mutual funds worldwideInvestment fundsMutual fund and ETF providers in the U.S.Personal savings in the United StatesFinancial markets
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.