UAE Islamic fintech market to grow from $3.7 bln in 2020 to $11 bln in 2025 - study
The United Arab Emirates' Islamic fintech market is forecasted to grow from $3.7 billion in 2020 to $11 billion by 2025, according to a study released on Wednesday (March 17).
UAE's CAGR of 24% beats the 21% for Muslim-majority countries overall.
The market size is based on estimated transaction volume and not corporate revenue, says the study from DinarStandard--Salaam Gateway's parent company--and UK-based Elipses.
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