Islamic Art gaining share in a $64 billion global art market
Photo credit: Paul Hudson / CC BY 2.0
While the global art market dropped by over 9 percent to $63.8 billion in 2015, the Islamic Art market is a rapidly growing niche, estimated at a potential $191 million in 2015. With the substantial interest in Islamic Art, expressed through the extensive collections of dedicated and mainstream museums, and the impressive prices for pieces sold through leading auction houses, what are the opportunities for potential private collectors?
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Hammaad Chaudhry, Senior Associate, DinarStandard