How big is the Islamic finance market?

The Islamic finance market has achieved a market size of about 4.2 trillion USD for the current year and is poised to register a CAGR of 10% during the forecast period. The Islamic finance industry reached almost USD 4 trillion in 2021, with a growth rate of 17%, up from 14% in 2020.

What is an ideal Islamic market?

An ideal Islamic market is one that provides pious individuals with the ample opportunity to express their piety via acts of charity and compassion. In a capitalist setting, the “rules of the market” preclude such acts, and may even punish them; one is thus gradually exhorted to only care about one’s interests.

What are the institutional and behavioral characteristics of Islamic markets?

The chapter highlights key institutional and behavioral characteristics of this Islamic notion, under the headings ofexchange and character, respectively. An Islamic formulation of markets is essentially religious in nature, where market participants are primarily driven by their faith and piety.

What is Islamic markets im messenger?

Our extensive market data comes with the industry's most valuable research platform, providing latest reports and insights to professionals. With IM Messenger, collaborate seamlessly with the largest, most established Islamic industry professionals community in the world. What is IslamicMarkets.com?