Global Islamic Fintech Report 2022



Global Islamic Fintech Report 2022

Description

As digital transformations accelerate across the Islamic finance ecosystems worldwide, the Global Islamic Fintech Report 2022 presents industry-leading insights on the booming Islamic Fintech landscape that has identified 375 Islamic Fintechs globally.


Executive Summary

The Report estimates the 2021 Islamic Fintech transaction volume within Organisation of Islamic Cooperation countries to be $79 billion. While this represents 0.83% of global Fintech transaction volume, Islamic Fintechs are projected to grow to $179 billion by 2026 at 17.9% CAGR. This is a higher growth projection compared to conventional Fintechs projected at 13.5%.