Islamic fintech market size in Muslim-majority countries $49 bln in 2020 - study
The estimated size of Islamic fintech in Muslim-majority countries was $49 billion in 2020, according to a study released Wednesday (March 17) by DinarStandard and Elipses.
This amount is an estimate of transaction volumes and not corporate revenues.
The $49 billion estimate represents 0.72% of the current global fintech market size based on transaction volumes, said the Global Islamic Fintech Report 2021.
Continue reading
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Joined by 12,000+ Islamic economy professionals
Create a free account
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
