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Which countries secured most Islamic economy-related investments in 2022/23?


Investments related to the Islamic economy (IE) continued to build on their momentum, according to the State of the Global Islamic Economy (SGIE) Report 2023/24 released earlier last week. 

IE-related investments marked a 128% year-on-year growth in value, rising from $11.4 billion in 2021/22 to $25.9 billion in 2022/23.

In terms of volume, the total number of relevant mergers and acquisitions (M&A), private equity (PE), and venture capital (VC) transactions increased from 199 in 2021/22 to 220 in 2022/23.

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