In 2022/23, the market size for Islamic fintech in Indonesia amounted to around 6.1 billion U.S. dollars, an increase of approximately two billion U.S. dollars compared to the market size recorded in 2021. The value of the Islamic fintech market in the country was forecasted to exceed 11 billion U.S. dollars by 2027.
Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027
(in billion U.S. dollars)
*Forecast. Forecast is based on Compound Annual Growth Rate (CAGR) of 16.3 percent. From the source: the metric applied was estimated and projected transaction volumes and assets under management of Islamic fintech.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
SalaamGateway.com. (February 14, 2024). Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/
SalaamGateway.com. "Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027 (in billion U.S. dollars)." Chart. February 14, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/
SalaamGateway.com. (2024). Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/
SalaamGateway.com. "Market Size of Islamic Fintech in Indonesia from 2020 to 2023, with a Forecast for 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 14 Feb 2024, https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/
SalaamGateway.com, Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/ (last visited December 22, 2024)
Market size of Islamic fintech in Indonesia from 2020 to 2023, with a forecast for 2027 (in billion U.S. dollars) [Graph], SalaamGateway.com, February 14, 2024. [Online]. Available: https://www.statista.com/statistics/1406891/indonesia-market-size-of-islamic-fintech/
