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Australia: World Halal Business Conference 2022 expands its reach to Australia - HalalFocus net
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Indonesia to host International Muslim Lifestyle Exhibition
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Islamic spend to boom
The UAE is among top three countries in Global Islamic Economy Indicator 2020-2021. Wam
The Islamic banking sector contributes the bulk of the global Islamic finance assets.
Propelled by a vibrant Islamic banking sector, global Islamic finance assets are forecast to reach $3.69 trillion by 2024, according to 2020 Islamic Finance Development Report.
The report, released by Refinitiv and the Islamic Corporation for the Development of the Private Sector (ICD), said global Islamic finance assets increased by 14 per cent year-on-year totalling $2.88 trillion in 2019.
With a $1.2 trillion in Islamic finance assets, the GCC accounted for a large share of the global total, followed by the Middle East and North Africa, excluding the GCC, at $755 billion, and Southeast Asia at $685 billion