With almost all major religions being practiced throughout the country, India is known for its religious diversity. Islam makes up the highest share among minority faiths in the country. According to the Indian census of 2011, the Muslim population in Uttar Pradesh more than ** million, making it the state with the most Muslims.

Socio-economic conditions of Muslims
Muslims seem to lag behind every other religious community in India in terms of living standards, financial stability, education and other aspects, thereby showing poor performance in most of the fields. According to a national survey, 17 percent of the Muslims were categorized under the lowest wealth index, which indicates poor socio-economic conditions.

Growth of Muslim population in India
Islam is one of the fastest-growing religions worldwide. According to India’s census, the Muslim population has witnessed a negative decadal growth of more than ** percent from 1951 to 1960, presumably due to the partitions forming Pakistan and Bangladesh. The population showed a positive and steady growth since 1961, making up ** percent of the total population of India . Even though people following Islam were estimated to grow significantly, they would still remain a minority in India compared to *** billion Hindus by 2050.

In 2020, Indonesia recorded the largest population of Muslims worldwide, with around 239 million. This was followed with around 226.88 million Muslims in Pakistan and 213 million Muslims in India.

Census: Population: by Religion: Muslim: Karnataka: Female data was reported at 3,885,194.000 Person in 03-01-2011. This records an increase from the previous number of 3,160,545.000 Person for 03-01-2001. Census: Population: by Religion: Muslim: Karnataka: Female data is updated decadal, averaging 3,522,869.500 Person from Mar 2001 (Median) to 03-01-2011, with 2 observations. The data reached an all-time high of 3,885,194.000 Person in 03-01-2011 and a record low of 3,160,545.000 Person in 03-01-2001. Census: Population: by Religion: Muslim: Karnataka: Female data remains active status in CEIC and is reported by Office of the Registrar General & Census Commissioner, India. The data is categorized under India Premium Database’s Demographic – Table IN.GAE003: Census: Population: by Religion: Muslim.

Census: Population: by Religion: Muslim: Uttarakhand data was reported at 1,406,825.000 Person in 03-01-2011. This records an increase from the previous number of 1,012,141.000 Person for 03-01-2001. Census: Population: by Religion: Muslim: Uttarakhand data is updated decadal, averaging 1,209,483.000 Person from Mar 2001 (Median) to 03-01-2011, with 2 observations. The data reached an all-time high of 1,406,825.000 Person in 03-01-2011 and a record low of 1,012,141.000 Person in 03-01-2001. Census: Population: by Religion: Muslim: Uttarakhand data remains active status in CEIC and is reported by Office of the Registrar General & Census Commissioner, India. The data is categorized under India Premium Database’s Demographic – Table IN.GAE003: Census: Population: by Religion: Muslim.

Islam is the major religion in many African countries, especially in the north of the continent. In Comoros, Libya, Western Sahara, at least 99 percent of the population was Muslim as of 202. These were the highest percentages on the continent. However, also in many other African nations, the majority of the population was Muslim. In Egypt, for instance, Islam was the religion of 79 percent of the people. Islam and other religions in Africa Africa accounts for an important share of the world’s Muslim population. As of 2019, 16 percent of the Muslims worldwide lived in Sub-Saharan Africa, while 20 percent of them lived in the Middle East and North Africa (MENA) region. Together with Christianity, Islam is the most common religious affiliation in Africa, followed by several traditional African religions. Although to a smaller extent, numerous other religions are practiced on the continent: these include Judaism, the Baha’i Faith, Hinduism, and Buddhism. Number of Muslims worldwide Islam is one of the most widespread religions in the world. There are approximately 1.9 billion Muslims globally, with the largest Muslim communities living in the Asia-Pacific region. Specifically, Indonesia hosts the highest number of Muslims worldwide, amounting to over 200 million, followed by India, Pakistan, and Bangladesh. Islam is also present in Europe and America. The largest Islamic communities in Europe are in France (5.72 million), Germany (4.95 million), and the United Kingdom (4.13 million). In the United States, there is an estimated number of around 3.45 million Muslims.

According to India's last census in 2011, the Muslim population had about 24.6 percent of decadal growth rate, while Hindus had a decadal growth rate of 16.8 percent. India, a secular nation provides religious freedom as a fundamental right under the constitution to its citizens.

According to a survey conducted by India's fifth National Family Health Survey (NFHS-5) in 2021 stated that about 36 percent of Christian men consumed alcohol in India. In contrast, over six percent of Muslim men consumed alcohol.

A survey conducted across India in 2024 found that ** percent of Hindu population and ** percent of minorities agree that India belongs to all religions equally. The survey reflects citizens' faith in the secular and pluralistic fabric of the country.

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Halal Food Market Size 2025-2029

The halal food market size is forecast to increase by USD 355 billion, at a CAGR of 3.6% between 2024 and 2029.

The market exhibits significant growth, driven by increasing consumer expenditure on halal food and the expansion of the organized retail sector. However, challenges persist, including the threat of counterfeit halal food and food scams. This trend is particularly relevant to various sectors such as dairy food, pork-free alternatives, cosmetic products, waxes, seafood, fruits and vegetables, and confectionery. Consumers' growing awareness and demand for authentic halal products necessitate stringent regulations and certification processes. This market analysis report provides a comprehensive evaluation of these factors and their impact on the halal food industry.

What will be the Size of the Halal Food Market During the Forecast Period?

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The market, a significant segment of the global food industry, caters to consumers adhering to Islamic dietary laws. These laws prohibit the consumption of pork and alcohol, as well as foods contaminated with non-permissible substances. The market's growth is driven by the increasing global Muslim population and the rising demand for certified Halal products. Halal certification, ensuring compliance with Islamic law, is a critical factor influencing consumer purchasing decisions. Manufacturers produce a diverse range of products, including fruits and vegetables, dairy products, cereals and grains, confectionery, and meat. 
Traditional retailers, supermarkets and hypermarkets, and online retailers play crucial roles in the food supply chain, catering to the evolving preferences of Muslim buyers. The industry encompasses various sectors, including meat sales and grocery stores. Innovation continues to shape the market, with the introduction of plant-based alternatives, such as sunflower protein burgers, gaining popularity among consumers seeking ethical and sustainable food options. The market's future direction reflects the ongoing trend towards cleanliness, transparency, and convenience, as well as the growing demand for Halal-certified products in various food categories.

How is this Halal Food Industry segmented and which is the largest segment?

The report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Halal MPS
  Halal BCC
  Halal FVN
  Halal beverages
  Others


Distribution Channel

  Offline
  Online


Type

  Organic
  Inorganic


Geography

  APAC

    China
    India
    Japan
    South Korea


  Middle East and Africa

    South Africa
    Egypt
    Nigeria


  Europe



  South America



  North America

By Product Insights

The halal MPS segment is estimated to witness significant growth during the forecast period.

The market encompasses a range of food products that adhere to Islamic dietary laws, primarily consisting of beef, lamb, goat, chicken, Turkey, and fish. This market can be segmented into fresh halal meat, poultry, and seafood (MPS); minimally processed halal MPS; and heavily processed halal MPS. Minimally processed halal MPS products maintain their natural characteristics, free from artificial additives or color. Heavily processed halal MPS include halal sausages, salami, corned beef, canned meat, poultry, and seafood, and frozen meat, poultry, and seafood. Halal certification ensures compliance with Islamic law, prohibiting the consumption of pork, alcohol, and non-permissible foods. Food manufacturers prioritize cleanliness, impurities, quality, and taste level to cater to Muslim buyers.

Halal certification is essential for meat, poultry, and seafood, as well as dairy products, cereals and grains, confectionery, and traditional retailers. Supermarkets and hypermarkets, online retailers, and food supply chain players offer a wide range of halal-certified products. Halal cuisine is a significant part of religious identity, emphasizing meals safety, hygiene, reliability, and nutritional benefits. Products include own-brand halal-ready meals, chicken arrabbiata, chicken hotpot, chicken jalfrezi, and chicken tikka masala, as well as meat and plant-based alternatives, such as sunflower protein, fava beans, and peas.

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The halal MPS segment was valued at USD 414.60 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 51% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

For more insights on the market size o

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Islamic Banking Software Market Size 2025-2029

The Islamic banking software market size is forecast to increase by USD 4.39 billion at a CAGR of 13.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of technology in the financial sector and the expanding Islamic banking industry. One key trend is the issue of smart cards by Islamic banks to provide greater security and convenience for their customers. Another trend is the adoption of blockchain technology, which offers enhanced security, transparency, and efficiency in transactions. However, the market also faces challenges, including the lack of expertise, awareness, and training in Islamic banking software. This creates an opportunity for companies to provide solutions that address these challenges and help Islamic banks navigate the complexities of Sharia-compliant software.
To capitalize on this market, companies must stay abreast of the latest trends and regulations, invest in research and development, and offer comprehensive training and support to their clients. By doing so, they can differentiate themselves and gain a competitive edge in the market. Cloud-based solutions, artificial intelligence, and blockchain technology are transforming Islamic finance by streamlining processes, enhancing security, and enabling real-time transactions. Retail sector players are also leveraging Islamic banking software for asset administration and cellular banking services.

What will be the Size of the Islamic Banking Software Market during the forecast period?

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The market encompasses a range of solutions designed to facilitate the unique operations of financial institutions practicing Islamic finance. Key market drivers include the growing demand for profit-and-loss sharing and asset-backed financing models, necessitating advanced risk administration, analytics, and reporting capabilities. Online transactions and customer service are further areas of innovation, with a focus on enhancing banking efficiency through technology adoption in corporate and retail banking.

How is this Islamic Banking Software Industry segmented?

The Islamic banking software industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ApplicationRetailCorporateOthersDeploymentOn-premisesCloudComponentsSoftwareSolutionsEnd-UserIslamic BanksConventional Banks with Islamic WindowsOther Financial InstitutionsFunctionalityCore BankingRisk ManagementCompliance and ReportingDistribution ChannelDirect SalesThird-party VendorsOnline PlatformsGeographyMiddle East and AfricaEgyptQatarSouth AfricaAPACChinaIndiaJapanSouth KoreaEuropeNorth AmericaSouth America

By Application Insights

The retail segment is estimated to witness significant growth during the forecast period. The retail segment in the market caters to the unique needs of individual clients in Islamic banks, providing solutions for Shariah-compliant retail banking products and services. These include savings accounts, personal loans, mortgages, and wealth management solutions. The software automates and streamlines retail banking procedures, integrating Islamic banking principles such as profit-sharing agreements and specific functionalities for calculating profit rates and managing Islamic contracts. The retail segment's growth is driven by the increasing global demand for Islamic banking services among retail clients, fueled by the growth of Muslim populations and greater awareness of Islamic banking principles. To meet the growing demand for automation and efficiency in Islamic banking operations, software providers offer solutions for risk administration, analytics and reporting, smart cards, and sukuk issuances.

Major software providers offer retail-focused solutions, including core banking systems, CRM systems, mobile banking apps, and Internet banking platforms. Key features of these solutions include asset administration, risk administration, analytics and reporting, integration skills, asset-backed financing, and sukuk issuances. Additionally, the adoption of fintech partnerships, data protection, and moral investing is on the rise. The industry is experiencing upheaval due to fintech disruption and regulatory initiatives. Cloud-based solutions, artificial intelligence, and blockchain technology are also transforming Islamic banking operations.

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The Retail segment was valued at USD 1.65 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

Middle East and Africa is estimated to contribute 69% to the growth of the global market during the forecast period. Technavio's analysts have elaborately exp

Bangladesh BD: Sex Ratio at Birth: Male Births per Female Births data was reported at 1.049 Ratio in 2023. This records a decrease from the previous number of 1.050 Ratio for 2022. Bangladesh BD: Sex Ratio at Birth: Male Births per Female Births data is updated yearly, averaging 1.048 Ratio from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.053 Ratio in 1988 and a record low of 1.036 Ratio in 2010. Bangladesh BD: Sex Ratio at Birth: Male Births per Female Births data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bangladesh – Table BD.World Bank.WDI: Population and Urbanization Statistics. Sex ratio at birth refers to male births per female births.;United Nations Population Division. World Population Prospects: 2024 Revision.;Weighted average;

In 1800, the population of the region of present-day India was approximately 169 million. The population would grow gradually throughout the 19th century, rising to over 240 million by 1900. Population growth would begin to increase in the 1920s, as a result of falling mortality rates, due to improvements in health, sanitation and infrastructure. However, the population of India would see it’s largest rate of growth in the years following the country’s independence from the British Empire in 1948, where the population would rise from 358 million to over one billion by the turn of the century, making India the second country to pass the billion person milestone. While the rate of growth has slowed somewhat as India begins a demographics shift, the country’s population has continued to grow dramatically throughout the 21st century, and in 2020, India is estimated to have a population of just under 1.4 billion, well over a billion more people than one century previously. Today, approximately 18% of the Earth’s population lives in India, and it is estimated that India will overtake China to become the most populous country in the world within the next five years.

In 1800, the population of the area of modern-day Bangladesh was estimated to be just over 19 million, a figure which would rise steadily throughout the 19th century, reaching over 26 million by 1900. At the time, Bangladesh was the eastern part of the Bengal region in the British Raj, and had the most-concentrated Muslim population in the subcontinent's east. At the turn of the 20th century, the British colonial administration believed that east Bengal was economically lagging behind the west, and Bengal was partitioned in 1905 as a means of improving the region's development. East Bengal then became the only Muslim-majority state in the eastern Raj, which led to socioeconomic tensions between the Hindu upper classes and the general population. Bengal Famine During the Second World War, over 2.5 million men from across the British Raj enlisted in the British Army and their involvement was fundamental to the war effort. The war, however, had devastating consequences for the Bengal region, as the famine of 1943-1944 resulted in the deaths of up to three million people (with over two thirds thought to have been in the east) due to starvation and malnutrition-related disease. As the population boomed in the 1930s, East Bengal's mismanaged and underdeveloped agricultural sector could not sustain this growth; by 1942, food shortages spread across the region, millions began migrating in search of food and work, and colonial mismanagement exacerbated this further. On the brink of famine in early-1943, authorities in India called for aid and permission to redirect their own resources from the war effort to combat the famine, however these were mostly rejected by authorities in London. While the exact extent of each of these factors on causing the famine remains a topic of debate, the general consensus is that the British War Cabinet's refusal to send food or aid was the most decisive. Food shortages did not dissipate until late 1943, however famine deaths persisted for another year. Partition to independence Following the war, the movement for Indian independence reached its final stages as the process of British decolonization began. Unrest between the Raj's Muslim and Hindu populations led to the creation of two separate states in1947; the Muslim-majority regions became East Pakistan (now Bangladesh) and West Pakistan (now Pakistan), separated by the Hindu-majority India. Although East Pakistan's population was larger, power lay with the military in the west, and authorities grew increasingly suppressive and neglectful of the eastern province in the following years. This reached a tipping point when authorities failed to respond adequately to the Bhola cyclone in 1970, which claimed over half a million lives in the Bengal region, and again when they failed to respect the results of the 1970 election, in which the Bengal party Awami League won the majority of seats. Bangladeshi independence was claimed the following March, leading to a brutal war between East and West Pakistan that claimed between 1.5 and three million deaths in just nine months. The war also saw over half of the country displaced, widespread atrocities, and the systematic rape of hundreds of thousands of women. As the war spilled over into India, their forces joined on the side of Bangladesh, and Pakistan was defeated two weeks later. An additional famine in 1974 claimed the lives of several hundred thousand people, meaning that the early 1970s was one of the most devastating periods in the country's history. Independent Bangladesh In the first decades of independence, Bangladesh's political hierarchy was particularly unstable and two of its presidents were assassinated in military coups. Since transitioning to parliamentary democracy in the 1990s, things have become comparatively stable, although political turmoil, violence, and corruption are persistent challenges. As Bangladesh continues to modernize and industrialize, living standards have increased and individual wealth has risen. Service industries have emerged to facilitate the demands of Bangladesh's developing economy, while manufacturing industries, particularly textiles, remain strong. Declining fertility rates have seen natural population growth fall in recent years, although the influx of Myanmar's Rohingya population due to the displacement crisis has seen upwards of one million refugees arrive in the country since 2017. In 2020, it is estimated that Bangladesh has a population of approximately 165 million people.

In 2024, almost ******* Indians proceeded to Hajj, the Islamic pilgrimage to Saudi Arabia. This was a slight increase compared to the previous year. Furthermore, until 1994 Hajj pilgrims travelled by ship and air. Later, air was the dominant means of transport for Indian Hajj pilgrims.

As of July 2024, 70.4 percent of the Malaysian population were classified as Bumiputera, 22.4 percent were classified as ethnic Chinese, and 6.5 percent as ethnic Indians. Those who do not fall under these three main ethnic groups are classified as ‘Other’. Malaysia is a multi-ethnic and multi-religious society with three main ethnicities and language groups. Who are Malaysia’s Bumiputera? Bumiputera, meaning sons of the soil, is a term used to categorize the Malays, as well as the indigenous peoples of Peninsular Malaysia, also known as orang asli, and the indigenous peoples of Sabah and Sarawak. As of July 2023, the Bumiputera share of the population in Sabah was 89 percent, while that in Sarawak was 76.1 percent. Thus, the incorporation of the states of Sabah and Sarawak during the formation of Malaysia ensured that the ethnic Malays were able to maintain a majority share of the Malaysian population. Bumiputera privileges and ethnic-based politics The rights and privileges of the Malays and the natives of Sabah and Sarawak are enshrined in Article 153 of Malaysia’s constitution. This translated, in practice, to a policy of affirmative action to improve the economic situation of this particular group, through the New Economic Policy introduced in 1971. 50 years on, it is questionable whether the policy has achieved its aim. Bumiputeras still lag behind the other ethnic two major groups in terms of monthly household income. However, re-thinking this policy will certainly be met by opposition from those who have benefitted from it.