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Islamic financial services asset share globally 2020, by sector

Distribution of assets of Islamic financial services worldwide in 2020, by sector

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Source

Use Ask Statista Research Service

Release date

August 2021

Region

Worldwide

Survey time period

2020*

Supplementary notes

* According to the source: "data for ṣukuk outstanding and Islamic funds are for full-year 2020; for Islamic banking, they are as at 3Q20; and for takaful they are as at end-2019".

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

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