The State of the Global Islamic Economy 2023/24 Report

Description

The report covers these sectors: Islamic finance, halal food and beverages, halal cosmetics, halal pharmaceuticals, Muslim-friendly travel, modest fashion, and Islamic-themed media and recreation.

Executive Summary

This is the 10th edition of the State of the Global Islamic Economy (SGIE) Report, first launched in 2013. In the ten years of covering this space, the global Islamic economy has grown from a $1.62 trillion consumer spending market, as estimated in 2012, to $2.29 trillion in 2022. It has been driven by a young and fast-growing global population that extends beyond the core 1.9 billion Muslim consumers to include a wider global ethical consumer market.

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