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.
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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 November 21, 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 November 21, 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: November 21, 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 November 21, 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/
