Global Islamic Fintech Report 2021
Description
As digital transformations accelerate across the Islamic finance ecosystems worldwide, the Global Islamic Fintech Report 2021 presents groundbreaking insights on the booming Islamic Fintech landscape that has identified 241 Fintechs globally.
Executive Summary
The Report presents an estimated market sizing of transaction volume, a country-level benchmarking index of 64 countries, industry views, and an analysis of gaps and opportunities across key sub-categories and geographies for government policy makers, Islamic Fintechs, and investors in this space. The Report estimates the 2020 Islamic Fintech transaction volume within Organisation of Islamic Cooperation countries to be $49 billion. While this represents 0.7% of global Fintech transaction volume, Islamic Fintechs are projected to grow to $128 billion by 2025 at 21% CAGR. This is a higher growth projection compared to conventional Fintechs projected at 15% CAGR for the same period.
