Tag: Takaful

Key Highlights of the Islamic Finance Stability Report 2026

Islamic Finance Stability Report 2026 with global market, technology, risk, and sustainability sectors

The global Islamic financial services industry reached $4.4 trillion in assets in 2025, with growth in banking, capital markets, and insurance sectors. Islamic banking remains dominant, but non-banking segments are growing faster. The industry is concentrated in GCC and EAP regions (75% of assets). Sukuk markets expanded to $1.10 trillion, with strong growth in sustainability and climate-related issuances. Islamic insurance grew double-digit, driven by emerging markets and mandatory insurance requirements.

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Key Highlights of IFSB Report 2024

Islamic banking continues to be the largest segment of the IFSI, constituting 70.21% of the total global IFSI assets in 2023, while Sukuk outstanding and Islamic funds collectively represented 29.08%, and the Islamic insurance segment represented 0.71%. The regional distribution of global Islamic finance assets reveals a pronounced concentration in the Gulf Cooperation Council (GCC), which accounts for 52.50%.

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The World Economy and Islamic Economics in the Time of COVID-19

This paper presents statistics to illustrate the economic effects of COVID-19 in the global economy. Poverty and unemployment in the informal sector of developing economies is on the rise. On the other hand, developed economies have also seen economic contraction. Capital markets have seen sharp decline in the early part of 2020. However, the author notes that Islamic equity portfolios were less affected. This finding is discovered in other empirical studies as well where Islamic portfolios are found to perform relatively better in economic and market downturns.

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