in Financial Services The global Islamic finance industry will continue to grow, with a total global asset value of $4.94 trillion expected by 2025, with Nigeria expected to play a major part in its growth. Market segmentation Streams The Islamic banking sector is now systemically important in several member countries and the internationalization of the Sukuk market has increased cross-border financial flows and linkages. In 2020 global Sukuk issuances were largely comprised of sovereign, quasi-sovereign and supranational issuances, representing 62.1% of all issuances. As Sukuk issuances continue to increase with sovereign and corporate issuers, TMF Group is ideally placed to assist with any administrative challenges to ensure a smooth and successful issuance. The report covers the market landscape and its growth. Global Islamic Finance Market research report 2022 provides industry technology status and trends, market drivers analysis, upstream and downstream analysis. With global assets reached US$3.4 trillion in 2020, and projected growth of 8% per annum until 2025, Islamic finance has a footprint in Asia and Middle East; is ripe for growth in South America and Europe; and has future markets in North America, Central Asia and Australia. There is a sizeable number of Islamic financial services providers, Shariah-compliant banks and Sukuks listed on the London Stock Exchange. The Islamic Finance market has witnessed growth from USD XX million to USD XX million from 2017 to 2022. The award ceremony took place on Wednesday 14th September 2022, in Djibouti, Republic of Djibouti. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Further, mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner. Global Islamic Finance Market 2022-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. Competitive LandscapeThe global Islamic finance market is fragmented with a large number of players trying to grab a significant chunk of the developing market. The Islamic finance sector is set to continue growing in 2022 as the accelerating economic recovery, particularly in the GCC region, brightens the outlook for credit growth despite challenges from a rise in interest rates and decline in sukuk issuance amid higher oil prices, Moody's Investors Service said.. Islamic banks' asset growth globally will also continue to outperform their . The increased participation of the corporate sector year-on-year illustrates the increased popularity of Sukuks among corporate investors. Global Islamic Finance Awards ( GIFA) are one of the most prestigious awards in Islamic banking and finance. The total value of all Islamic financial assets . In Southeast Asia, we expect the $290 billion Islamic banking market to expand at a compound annual growth rate of about 8% over the next three years. Demand for Islamic banking continues to grow across Asia, while Saudi banks reap the benets of high oil Scope of the ReportThe global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds. IIFM is hosted by the Central Bank of Bahrain (CBB) and was established under Royal Decree . Standard Chartered as the leading international player in the Islamic banking industry is proud to have some of the leading Shari'ah scholars on its various Shari'ah boards. Considering that the investor base comprising of Shariah compliant investors is largely untapped, this represents a huge opportunity for the global Islamic capital markets. Overview Though still a small share of global finance, Islamic finance is growing rapidly and has enormous potential for further growth. Key Features of Islamic Finance Market Research Report: Buy this report (Price 3250 USD for single user license) at-http://www.industryresearch.co/purchase/21776102, Detailed TOC of Global Islamic Finance Industry Research Report, Competitive Landscape, Market Size, Regional Status and Prospect, 1.1 Product Overview and Scope of Islamic Finance Market, 1.2 Islamic Finance Market Segment by Type, 1.2.1 Global Islamic Finance Market Sales Volume and CAGR (%) Comparison by Type (2017-2027), 1.3 Global Islamic Finance Market Segment by Application, 1.3.1 Islamic Finance Market Consumption (Sales Volume) Comparison by Application (2017-2027), 1.4 Global Islamic Finance Market, Region Wise (2017-2027), 1.4.1 Global Islamic Finance Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027), 1.4.2 United States Islamic Finance Market Status and Prospect (2017-2027), 1.4.3 Europe Islamic Finance Market Status and Prospect (2017-2027), 1.4.4 China Islamic Finance Market Status and Prospect (2017-2027), 1.4.5 Japan Islamic Finance Market Status and Prospect (2017-2027), 1.4.6 India Islamic Finance Market Status and Prospect (2017-2027), 1.4.7 Southeast Asia Islamic Finance Market Status and Prospect (2017-2027), 1.4.8 Latin America Islamic Finance Market Status and Prospect (2017-2027), 1.4.9 Middle East and Africa Islamic Finance Market Status and Prospect (2017-2027), 1.5 Global Market Size of Islamic Finance (2017-2027), 1.5.1 Global Islamic Finance Market Revenue Status and Outlook (2017-2027), 1.5.2 Global Islamic Finance Market Sales Volume Status and Outlook (2017-2027), 1.7 The impact of the Russia-Ukraine war on the Islamic Finance Market, 2.1 Islamic Finance Industry Technology Status and Trends, 2.3 Islamic Finance Market Drivers Analysis, 2.4 Islamic Finance Market Challenges Analysis, 2.7 Islamic Finance Industry Development Trends under COVID-19 Outbreak, 2.7.2 Influence of COVID-19 Outbreak on Islamic Finance Industry Development, 3 Global Islamic Finance Market Landscape by Player, 3.1 Global Islamic Finance Sales Volume and Share by Player (2017-2022), 3.2 Global Islamic Finance Revenue and Market Share by Player (2017-2022), 3.3 Global Islamic Finance Average Price by Player (2017-2022), 3.4 Global Islamic Finance Gross Margin by Player (2017-2022), 3.5 Islamic Finance Market Competitive Situation and Trends, 3.5.1 Islamic Finance Market Concentration Rate, 3.5.2 Islamic Finance Market Share of Top 3 and Top 6 Players, 3.5.3 Mergers and Acquisitions, Expansion, 4 Global Islamic Finance Sales Volume and Revenue Region Wise (2017-2022), 4.1 Global Islamic Finance Sales Volume and Market Share, Region Wise (2017-2022), 4.2 Global Islamic Finance Revenue and Market Share, Region Wise (2017-2022), 4.3 Global Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.4 United States Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.4.1 United States Islamic Finance Market Under COVID-19, 4.5 Europe Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.5.1 Europe Islamic Finance Market Under COVID-19, 4.6 China Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.6.1 China Islamic Finance Market Under COVID-19, 4.7 Japan Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.7.1 Japan Islamic Finance Market Under COVID-19, 4.8 India Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.8.1 India Islamic Finance Market Under COVID-19, 4.9 Southeast Asia Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.9.1 Southeast Asia Islamic Finance Market Under COVID-19, 4.10 Latin America Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.10.1 Latin America Islamic Finance Market Under COVID-19, 4.11 Middle East and Africa Islamic Finance Sales Volume, Revenue, Price and Gross Margin (2017-2022), 4.11.1 Middle East and Africa Islamic Finance Market Under COVID-19, 5 Global Islamic Finance Sales Volume, Revenue, Price Trend by Type, 5.1 Global Islamic Finance Sales Volume and Market Share by Type (2017-2022), 5.2 Global Islamic Finance Revenue and Market Share by Type (2017-2022), 5.3 Global Islamic Finance Price by Type (2017-2022), 5.4 Global Islamic Finance Sales Volume, Revenue and Growth Rate by Type (2017-2022), 5.4.1 Global Islamic Finance Sales Volume, Revenue and Growth Rate of Plastic (2017-2022), 5.4.2 Global Islamic Finance Sales Volume, Revenue and Growth Rate of Metal (2017-2022), 5.4.3 Global Islamic Finance Sales Volume, Revenue and Growth Rate of Others (2017-2022), 6 Global Islamic Finance Market Analysis by Application, 6.1 Global Islamic Finance Consumption and Market Share by Application (2017-2022), 6.2 Global Islamic Finance Consumption Revenue and Market Share by Application (2017-2022), 6.3 Global Islamic Finance Consumption and Growth Rate by Application (2017-2022), 6.3.1 Global Islamic Finance Consumption and Growth Rate of Beverages (2017-2022), 6.3.2 Global Islamic Finance Consumption and Growth Rate of Prepared Meals (2017-2022), 6.3.3 Global Islamic Finance Consumption and Growth Rate of Fruits and Vegetables (2017-2022), 6.3.4 Global Islamic Finance Consumption and Growth Rate of Bakery and Confectionery (2017-2022), 6.3.5 Global Islamic Finance Consumption and Growth Rate of Dairy Products (2017-2022), 6.3.6 Global Islamic Finance Consumption and Growth Rate of Others (2017-2022), 7 Global Islamic Finance Market Forecast (2022-2027), 7.1 Global Islamic Finance Sales Volume, Revenue Forecast (2022-2027), 7.1.1 Global Islamic Finance Sales Volume and Growth Rate Forecast (2022-2027), 7.1.2 Global Islamic Finance Revenue and Growth Rate Forecast (2022-2027), 7.1.3 Global Islamic Finance Price and Trend Forecast (2022-2027), 7.2 Global Islamic Finance Sales Volume and Revenue Forecast, Region Wise (2022-2027), 7.2.1 United States Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.2 Europe Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.3 China Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.4 Japan Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.5 India Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.6 Southeast Asia Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.7 Latin America Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.2.8 Middle East and Africa Islamic Finance Sales Volume and Revenue Forecast (2022-2027), 7.3 Global Islamic Finance Sales Volume, Revenue and Price Forecast by Type (2022-2027), 7.3.1 Global Islamic Finance Revenue and Growth Rate of Plastic (2022-2027), 7.3.2 Global Islamic Finance Revenue and Growth Rate of Metal (2022-2027), 7.3.3 Global Islamic Finance Revenue and Growth Rate of Others (2022-2027), 7.4 Global Islamic Finance Consumption Forecast by Application (2022-2027), 7.4.1 Global Islamic Finance Consumption Value and Growth Rate of Beverages(2022-2027), 7.4.2 Global Islamic Finance Consumption Value and Growth Rate of Prepared Meals(2022-2027), 7.4.3 Global Islamic Finance Consumption Value and Growth Rate of Fruits and Vegetables(2022-2027), 7.4.4 Global Islamic Finance Consumption Value and Growth Rate of Bakery and Confectionery(2022-2027), 7.4.5 Global Islamic Finance Consumption Value and Growth Rate of Dairy Products(2022-2027), 7.4.6 Global Islamic Finance Consumption Value and Growth Rate of Others(2022-2027), 7.5 Islamic Finance Market Forecast Under COVID-19, 8 Islamic Finance Market Upstream and Downstream Analysis, 8.1 Islamic Finance Industrial Chain Analysis, 8.2 Key Raw Materials Suppliers and Price Analysis, 8.3 Manufacturing Cost Structure Analysis, 8.5 Major Distributors of Islamic Finance Analysis, 8.6 Major Downstream Buyers of Islamic Finance Analysis, 8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the 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Market Analysis | Business Opportunities, Demand, Leading Companies, Global Growth, Sales, Revenue and Forecast to 2028, Microcrystalline Cellulose Powder Market Trends | Share and Size Estimates, Key Regions Analysis, Top manufacturers, Global Growth and Forecast to 2028, Press Release Distributed by The Express Wire, To view the original version on The Express Wire visit Global Islamic Finance Market Growth 2022 Driving Factors, Trends, Share, Top Players, Revenue and Forecasts to 2027, COMTEX_416299406/2598/2022-10-10T05:02:47. Tyson Foods CFO arrested for public intoxication after falling asleep inside strangers house, Stocks are trading exactly where they were 5 months ago, which could mean theyre poised for more gains, one analyst says, How we got to the highest inflation in 40 years, No, at $1.9 billion the Powerball still isnt a great deal. Islamic banking has acquired systemic proportions in Kuwait, Saudi Arabia, and the United Arab Emirates, in line with IFSB's definition of systemic, at least 15% of banking system assets. http://www.industryresearch.co/enquiry/request-sample/21776102, http://www.industryresearch.co/enquiry/pre-order-enquiry/21776102, http://www.industryresearch.co/purchase/21776102, Global Islamic Finance Market Growth 2022 Driving Factors, Trends, Share, Top Players, Revenue and Forecasts to 2027. Today, Sharia-compliant financial assets are estimated at roughly US$2 trillion, covering bank and non-bank financial institutions, capital markets, money markets and insurance ("Takaful"). The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) issues standards for accounting, auditing, governance, ethical and Shari'ah compliance. Some of the Key Questions Answered in this Report: This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Global Review of Islamic Economics and Business Hassanudin Mohd Thas Thaker The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Refinitiv helps unlock global capital markets for a growing number of central banks, with $1 trillion facilitated so far . Islamic Finance is one of the fastest growing financial industries, even though it is still a small share of global finance. Challenges to the sector include Islamic funds' regulatory framework and adoption of regulatory standards, sharia governance, a lack of sharia-compliant investments, scalability and capital market development over the long term, the report said. Copyright 2022 MarketWatch, Inc. All rights reserved. The jurisdiction of the SPV will determine the regulatory financial authority which will be tasked with ensuring that adequate protections are in place to protect the Sukuk bondholders. The Islamic financial sector is a special branch within the global financial industry which caters to Muslims all around the world. Voit muuttaa valintojasi milloin tahansa siirtymll yksityisyydenhallinta-asetuksiisi. This rapid growth spans across several sectors of the Halal market. Sukuk bonds are also becoming more and more popular geographically. Our capabilities include providing regulated services for the full range of Sukuk bond structures, including Sukuk trustee, security trustee, document review, ongoing transaction support, bespoke monitoring, or tailored accounting and reporting requirements. Islamic financial technology companies in Malaysia have been making slow progress in a booming Islamic finance market, amid competition from large local . This is a unique platform that brings together all these scholars on a . Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. The global Islamic finance market is fragmented with a large number of players trying to grab a significant chunk of the developing market. See here for a complete list of exchanges and delays. Unification - Harmonization - Transparency | IIFM is a global standard-setting body of the Islamic Financial Services Industry (IFSI) focusing on standardization of Shari'ah-compliant financial contracts and product templates. As a result, Sukuk bonds are recognised and accepted as a more ethical way of raising finance, with a positive impact on society, which is also consistent with the increasing adoption of ESG investing. Global Finance's series on Islamic finance explains. Contact the source provider Comtex at editorial@comtex.com. Reasons to Purchase this report:- The market estimate (ME) sheet in Excel format- Report customization as per the client's requirements- 3 months of analyst support, About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers, For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [emailprotected] Tel: +1 (718) 213 4904 Website: www.reportbuyer.com, Cision Distribution 888-776-0942 According to this study, over the next five years the Islamic Finance market will register a xx% CAGR in terms of revenue, the global market size will reach $ xx million by 2025, from $ xx million in 2019. In many majority Muslim countries, Islamic banking assets have been growing faster than conventional banking assets. Furthermore, it also introduces the major competitive players in these regions. Ready for a global career? There are 1,508 Islamic funds globally, operated by 345 Islamic financial institutions in 29 countries, CIBAFI said. This contributed to expanding net interest margins among some GCC banks. Islamic banking has a 6 percent share in global banking assets. The total industry value, according to major industry stakeholder organizations, in its three major sectors (banking, capital markets and TAKAFUL), global Islamic finance assets grew in double digits from a year over year for a total of 2019. . The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, and recent developments in both historic and present contexts. While in the Middle East & North African (MENA) region, Islamic Banking assets represent 14% of total banking assets. for the forecast period of 2029. Is there a problem with this press release? Global SUKUK's outstanding value stood at USD 538 billion, as per industry sources, on the back of strong sovereign and. Yet commercial banking remains the main contributor to the sector's growth. The Global Islamic Finance Market was worth US$ 2.2 billion in 2021 and is anticipated to reach the valuation of US$ 3.02 billion by 2027 and is predicted to register a CAGR of 10.2% during 2022-2027. info@wiseguyreports.com | +162 825 80070 (US) | +44 203 500 2763 (UK) Login. Global Islamic Finance Market segmentation: Experts from Cedar Management Consulting map out some of the key developments in the sector and the outlook for the coming years. Within that market, Sukuk bonds are a major sector, showing continuous growth and development in recent years. Islamic finance, which bans interest payments and pure monetary speculation and can only be used to invest in sharia-compliant assets or portfolios, has been on the rise for many years across markets in Africa, the Middle East and Southeast Asia. Global and Chinese Islamic Finance Market 2022 is a professional and in-depth study on the current state of the global market with a focus on the Global and Chinese market. Meanwhile, in Turkey we still expect nominal lending activity to remain elevated, with growth estimated at 42% in 2022, but the global contribution will likely be affected by lira volatility. The global Islamic finance market is fragmented with a large number of players trying to grab a significant chunk of the developing market. However, GCC is a highly competitive market, with the presence of large number of international players. Islamic finance is the practise of raising cash in line with Sharia, or Islamic law, by enterprises and individuals. Oman's entry in Islamic Banking was in late 2012. Is Bitcoin Halal Or Haram? One of the leading areas is the Islamic finance sector, with Islamic banking notably on the rise in the UAE and Malaysia. It has defined a number of different types of Sukuk bonds, including those issued by sovereigns, quasi-sovereigns, supranationals and corporates, as well as green Sukuk bonds, each of which employs slightly different structures. What can I do? Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. May 01, 2018 Middle East, Islamic Finance Islamic scholar in Indonesia says Bitcoin is compatible with Islamic law. This report describes value chain optimization, potential market opportunities, development trends under COVID-19 Outbreak. Retail Islamic banking in Bahrain has reached systemic proportions with a 27% asset share in retail banking, and a 13% asset share in total retail and wholesale banking. This reflects an 8.9% year-on-year growth from 2020, with Islamic finance growing to US$3.6 trillion in 2021, up 7.8%, from US$ 3.4 trillion in 2020. When typing in this field, a list of search results will appear and be automatically updated as you type. According to our latest research, the global Islamic Finance size is estimated to be USD xx million in 2026 from USD xx million in 2020, with a change XX% between 2020 and 2021.
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