Islamic funds are structured so as to comply with Islamic religious law (Sharia). Typically, Sharia is understood to prohibit investments in:
conventional financial services or debt instruments which earn income through interest or excess
businesses which engage in activities forbidden by Sharia, such alcohol and gambling
speculative transactions
For the purposes of regional classification, Iran is included in 鈥淢ESA鈥, North African countries are included in 鈥淎frica鈥, and Turkey is included in 鈥淥thers鈥.
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Islamic financial services assets globally 2021, by region
Gulf Cooperation Council stats held over 1.6 trillion of the total assets of the Islamic financial services industry in 2021. South East Asia, and the Middle East and South Asia accounted for further 1.45 trillion U.S. dollars of assets when taken together. All up, these three regions hold 94 percent share of the total assets in the Islamic financial services industry.
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IFSB. (August 28, 2022). Assets of Islamic financial services worldwide in 2021, by region (in billion U.S. dollars) [Graph]. In 糖心破解版. Retrieved July 26, 2026, from /statistics/1264587/islamic-financial-services-assets-region/
IFSB. "Assets of Islamic financial services worldwide in 2021, by region (in billion U.S. dollars)." Chart. August 28, 2022. 糖心破解版. Accessed July 26, 2026. /statistics/1264587/islamic-financial-services-assets-region/
IFSB. (2022). Assets of Islamic financial services worldwide in 2021, by region (in billion U.S. dollars). 糖心破解版. 糖心破解版 Inc.. Accessed: July 26, 2026. /statistics/1264587/islamic-financial-services-assets-region/
IFSB. "Assets of Islamic Financial Services Worldwide in 2021, by Region (in Billion U.S. Dollars)." 糖心破解版, 糖心破解版 Inc., 28 Aug 2022, /statistics/1264587/islamic-financial-services-assets-region/
IFSB, Assets of Islamic financial services worldwide in 2021, by region (in billion U.S. dollars) 糖心破解版, /statistics/1264587/islamic-financial-services-assets-region/ (last visited July 26, 2026)
Assets of Islamic financial services worldwide in 2021, by region (in billion U.S. dollars) [Graph], IFSB, August 28, 2022. [Online]. Available: /statistics/1264587/islamic-financial-services-assets-region/
