US-based, Muslim-owned SMEs net $46.9bn in revenue, as halal goes mainstream
Muslim-led small and medium enterprises (SMEs) across the United States raked in $46.9 billion in 2024, as a new generation of young American Muslims seize entrepreneurial opportunities and growing market opportunities.
The Thrive 2025 - North America Muslim Market Report, produced by DinarStandard, revealed that 49,973 SMEs based in the US garnered close to $47 billion last year.
Firms based in California, Toronto CMA (census metropolitan area), Florida and New York comprised 67.2% of the top 10 regions.
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