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Islamic banking assets globally 2018-2020, by region

Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region

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Source

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Release date

August 2021

Region

Worldwide

Survey time period

2018 to Q3 2020

Supplementary notes

Islamic banks 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
For the purposes of regional classification, Iran is included in “MESA”, North African countries are included in “Africa”, and Turkey is included in “Others”.

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