Global trends in Islamic finance and the UK market

The report, ‘Global trends in Islamic finance and the UK market, underlines the country’s position as the leading Western centre for Islamic finance and highlights the significant opportunities for the sector’s future growth. 

Globally, the market for services in Islamic finance increased 7.5% year on year in 2015 to a record $2trn worldwide. Currently Sharia compliant assets make up just 1% of global financial assets, yet around one in four of the world’s population is Muslim. The potential for growth is significant and given the UK’s position as a world-leader in innovation and development within the sector, it is well placed to capture this opportunity.