Distribution of the total value of the global IFSI worldwide 2021, by region

Published by
Amna Puri-Mirza,
Dec 22, 2022
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)

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Release date

August 2022

Region

Worldwide

Survey time period

2021

Supplementary notes

* 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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