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Food and beverage leads Muslim spend by category, at $1.24 trillion, followed by clothing and apparel at $254 billion, media and entertainment at $198 billion, travel at $169 billion, and spending on pharmaceuticals and cosmetics at $83 billion and $57.4 billion respectively.
Malaysia continues to lead the Global Islamic Economy Indicator, followed by the UAE and Saudi Arabia.
Access the full report to find out:
- Results for the Global Islamic Economy Indicator;
- Market size figures;
- Drivers of the global Islamic economy;
- Social media listening;
- Sectorby-sector analysis of the seven major Islamic economy sectors; and
- Islamic finance outlook.