SGIE Report 2026: Top 10 Islamic economy ecosystems in the world
The global Islamic economy, spanning halal food, Islamic finance, modest fashion, Muslim-friendly travel, halal pharmaceuticals, halal cosmetics, and media and recreation, recorded $2.60 trillion in consumer spending in 2024, with a view to reach $3.56 trillion by 2029, according to the State of the Global Islamic Economy (SGIE) 2025/26 report.
When Islamic finance assets of $5.99 trillion are included, the total market stands at nearly $9 trillion, making it one of the most significant and fastest-growing economic systems in the world.
The SGIE report assesses how countries are positioned to capture opportunities within the Islamic economy relative to their economic scale via the GIEI (Global Islamic Economy Indicators) index. The index comprises 52 metrics organised across five core components spanning the aforementionedseven sectors of the Islamic economy.
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Muhammad Ali Bandial