Global Islamic finance assets forecast to reach $10.5tn by 2030, report says
- The Islamic Finance Development Report forecasts an average annual growth of 9% in the sector through 2030, driven by expanding Islamic banking and increasing sukuk issuance.
- Malaysia ranks first in the Islamic Finance Development Indicator, followed by Saudi Arabia, the UAE, Indonesia, and Pakistan, reflecting stronger performances across 140 countries.
- Sukuk issuance reached a record $291.4 billion in 2025, making Saudi Arabia the largest market by outstanding value, alongside Malaysia, which together account for about two-thirds of global sukuk.
