59 datasets found
  1. Countries with the largest Muslim population in 2020

    • statista.com
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    Statista, Countries with the largest Muslim population in 2020 [Dataset]. https://www.statista.com/statistics/374661/countries-with-the-largest-muslim-population/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    World
    Description

    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.

  2. Share of Muslim population in Africa 2024, by country

    • statista.com
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    Statista, Share of Muslim population in Africa 2024, by country [Dataset]. https://www.statista.com/statistics/1239494/share-of-muslim-population-in-africa-by-country/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Africa
    Description

    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.

  3. G

    Percent Muslim by country, around the world | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 17, 2015
    + more versions
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    Globalen LLC (2015). Percent Muslim by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/muslim/
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    xml, csv, excelAvailable download formats
    Dataset updated
    Jan 17, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2013
    Area covered
    World
    Description

    The average for 2013 based on 128 countries was 34.3 percent. The highest value was in Algeria: 100 percent and the lowest value was in Angola: 0 percent. The indicator is available from 1960 to 2013. Below is a chart for all countries where data are available.

  4. Data set: 50 Muslim-majority countries and 50 richest non-Muslim countries...

    • figshare.com
    txt
    Updated Jun 1, 2023
    + more versions
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    Ponn P Mahayosnand; Gloria Gheno (2023). Data set: 50 Muslim-majority countries and 50 richest non-Muslim countries based on GDP: Total number of COVID-19 cases and deaths on September 18, 2020 [Dataset]. http://doi.org/10.6084/m9.figshare.14034938.v2
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    txtAvailable download formats
    Dataset updated
    Jun 1, 2023
    Dataset provided by
    figshare
    Figsharehttp://figshare.com/
    Authors
    Ponn P Mahayosnand; Gloria Gheno
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Associated with manuscript titled: Fifty Muslim-majority countries have fewer COVID-19 cases and deaths than the 50 richest non-Muslim countriesThe objective of this research was to determine the difference in the total number of COVID-19 cases and deaths between Muslim-majority and non-Muslim countries, and investigate reasons for the disparities. Methods: The 50 Muslim-majority countries had more than 50.0% Muslims with an average of 87.5%. The non-Muslim country sample consisted of 50 countries with the highest GDP while omitting any Muslim-majority countries listed. The non-Muslim countries’ average percentage of Muslims was 4.7%. Data pulled on September 18, 2020 included the percentage of Muslim population per country by World Population Review15 and GDP per country, population count, and total number of COVID-19 cases and deaths by Worldometers.16 The data set was transferred via an Excel spreadsheet on September 23, 2020 and analyzed. To measure COVID-19’s incidence in the countries, three different Average Treatment Methods (ATE) were used to validate the results. Results published as a preprint at https://doi.org/10.31235/osf.io/84zq5(15) Muslim Majority Countries 2020 [Internet]. Walnut (CA): World Population Review. 2020- [Cited 2020 Sept 28]. Available from: http://worldpopulationreview.com/country-rankings/muslim-majority-countries (16) Worldometers.info. Worldometer. Dover (DE): Worldometer; 2020 [cited 2020 Sept 28]. Available from: http://worldometers.info

  5. Share of Muslim population SEA 2023, by country

    • statista.com
    Updated Nov 29, 2025
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    Statista (2025). Share of Muslim population SEA 2023, by country [Dataset]. https://www.statista.com/statistics/1113906/southeast-asia-muslim-population-forecasted-share-by-country/
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    Dataset updated
    Nov 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Asia, APAC
    Description

    In 2023, it was estimated that approximately ** percent of the Indonesian population were Muslim, accounting for the highest share of Muslims in any Southeast Asian country. Indonesia also has the world's largest Muslim population, with an estimated *** million Muslims. Demographics of Indonesia The total population of Indonesia was estimated to reach around *** million in 2028. The median age of the population in the country was at an all-time high in 2020 and was projected to increase continuously until the end of the century. In 2020, the population density in Indonesia reached its highest value recorded at about ***** people per square kilometer. Shopping behavior during Ramadan in Indonesia Nearly all Muslims in Indonesia celebrated Ramadan in 2022. During the month of Ramadan, ** percent of Indonesian users utilized online applications to order food. Many Indonesians planned to shop online or offline during Ramadan, with around ** percent of online users planning to purchase fashion wear and accessories. Shopee was the most used app for shopping purposes during that period.

  6. Muslim population in Africa 2024, by country

    • statista.com
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    Statista, Muslim population in Africa 2024, by country [Dataset]. https://www.statista.com/statistics/1368589/muslim-population-in-africa-by-country/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Africa
    Description

    In 2024, Nigeria had the largest Muslim population in Africa, with around 105 million people who belonged to an Islamic denomination. Egypt and Algeria followed with 90.4 million and 39.4 million Muslims, respectively. Muslims have a significant presence in Africa, with an estimated 50 percent of the continent's population identifying as Muslim. The spread of Islam in Africa began in the 7th century with the arrival of Arab traders, and it continued through Islamic scholars and missionaries.

  7. Muslim populations in European countries 2016

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Muslim populations in European countries 2016 [Dataset]. https://www.statista.com/statistics/868409/muslim-populations-in-european-countries/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2016
    Area covered
    Europe
    Description

    This statistic shows the estimated number of Muslims living in different European countries as of 2016. Approximately **** million Muslims were estimated to live in France, the most of any country listed. Germany and the United Kingdom also have large muslim populations with **** million and **** million respectively.

  8. G

    Percent Muslim in Europe | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Sep 19, 2019
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    Globalen LLC (2019). Percent Muslim in Europe | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/muslim/Europe/
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    excel, xml, csvAvailable download formats
    Dataset updated
    Sep 19, 2019
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2013
    Area covered
    World
    Description

    The average for 2013 based on 27 countries was 12.7 percent. The highest value was in Turkey: 99 percent and the lowest value was in Belarus: 0 percent. The indicator is available from 1960 to 2013. Below is a chart for all countries where data are available.

  9. Muslims in Spain 2023, by nationality

    • statista.com
    Updated Nov 28, 2025
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    Statista (2025). Muslims in Spain 2023, by nationality [Dataset]. https://www.statista.com/statistics/989902/muslims-in-spain-by-nationality/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Spain, Spain
    Description

    Spain has a long history of Islamic tradition under its belt. From cuisine to architecture, the southern European country has been linked to the North of Africa through many common elements. At the end of 2023, there were approximately 2.41 million Muslims in Spain, most of them of Spanish and Moroccan nationality, with upwards of eight hundred thousand believers in both cases. With a Muslim population of more than 660,000 people, Catalonia was home to the largest Muslim community in Spain as of the same date.

    The not so Catholic Spain

    Believers of a religion other than Catholicism accounted for approximately 3 percent of the Spanish population, according to the most recent data. Although traditionally a Catholic country, Spain saw a decline in the number of believers over the past years. Compared to previous years, when the share of believers accounted for slightly over 70 percent of the Spanish population, the Catholic community lost ground, while still being the major religion for the foreseable future.

    A Catholic majority, a practicing minority

    Going to mass is no longer a thing in Spain, or so it would seem when looking at the latest statistics about the matter: 50 percent of those who consider themselves Catholics almost never attend any religious service in 2024. The numbers increased until 2019, from 55.5 percent of the population never attending religious services in 2011 to 63.1 percent in 2019. The share of population that stated to be practicing believers and go to mass every Sunday and on the most important holidays accounted for only 15.5 percent.

  10. Share of Muslim population Indonesia 2021, by leading province

    • statista.com
    Updated Feb 14, 2022
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    Statista (2022). Share of Muslim population Indonesia 2021, by leading province [Dataset]. https://www.statista.com/statistics/1259827/indonesia-share-of-muslim-population-by-province/
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    Dataset updated
    Feb 14, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    Indonesia
    Description

    As of 2021, approximately **** percent of the population in Aceh, Indonesia were Muslims. Despite being the largest Muslim-majority country, Indonesia is a multi-faith country by the constitution and officially recognizes *** religions – Islam, Protestantism, Catholicism, Buddhism, Hinduism, and Confucianism.

  11. G

    Islamic Banking Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Aug 22, 2025
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    Growth Market Reports (2025). Islamic Banking Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/islamic-banking-market
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    pptx, pdf, csvAvailable download formats
    Dataset updated
    Aug 22, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Islamic Banking Market Outlook



    According to our latest research, the global Islamic Banking market size reached USD 2.65 trillion in 2024, reflecting robust growth driven by increasing demand for Sharia-compliant financial services. The market is projected to expand at a CAGR of 8.1% from 2025 to 2033, with the total market size expected to reach USD 5.35 trillion by 2033. Key growth factors include the rising Muslim population, supportive regulatory frameworks, and a growing preference for ethical banking solutions worldwide.




    A significant growth driver for the Islamic Banking market is the expanding awareness and adoption of Sharia-compliant financial products among both Muslim and non-Muslim populations. As customers globally become more conscious of ethical considerations in finance, the appeal of interest-free and risk-sharing banking models has increased. This trend is particularly evident in emerging markets across Asia and Africa, where Islamic finance principles align closely with cultural values and economic needs. Furthermore, the proactive role of governments in promoting Islamic finance through regulatory reforms and the establishment of dedicated Islamic banking windows within conventional banks has accelerated market penetration. These measures not only enhance consumer trust but also foster innovation in product offerings, making the sector more competitive and inclusive.




    Technological advancements represent another pivotal growth factor for the Islamic Banking sector. The integration of digital platforms, mobile banking, and fintech solutions has enabled Islamic banks to reach underserved populations and streamline their operations. Digital transformation has reduced operational costs, improved customer experience, and facilitated the launch of innovative products such as Sharia-compliant digital wallets and online investment platforms. The adoption of blockchain technology for transparent and secure transactions further strengthens the credibility and efficiency of Islamic financial services. As a result, both established Islamic banks and new entrants are leveraging technology to capture market share, particularly among younger, tech-savvy consumers seeking convenient and ethical banking solutions.




    Additionally, the global Islamic Banking market benefits from increasing cross-border investments and the internationalization of Islamic finance. Sovereign wealth funds, multinational corporations, and institutional investors are increasingly seeking Sharia-compliant investment opportunities, driving demand for products such as Sukuk (Islamic bonds) and Takaful (Islamic insurance). This globalization is supported by harmonized standards set by organizations like the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and the Islamic Financial Services Board (IFSB), which enhance transparency and interoperability across markets. As Islamic banking products gain traction in non-Muslim-majority countries, the sector is poised for sustained growth and diversification, contributing to financial inclusion and economic development on a global scale.




    From a regional perspective, the Middle East & Africa remains the largest market for Islamic Banking, accounting for over 60% of the global share in 2024. However, Asia Pacific is emerging as the fastest-growing region, driven by supportive government policies in countries like Malaysia, Indonesia, and Pakistan. Europe and North America are also witnessing increased adoption of Islamic financial products, particularly among their growing Muslim populations and ethical investors. The regional diversification of the Islamic Banking market highlights its resilience and adaptability, positioning it as a key player in the global financial ecosystem.





    Product Type Analysis



    The Islamic Banking market by product type is segmented into Retail Banking, Corporate Banking, Investment Banking, Asset Management, and Others. Retail Banking remains the d

  12. Number of Muslims in Mexico 2020, by state

    • statista.com
    Updated Jul 11, 2025
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    Statista (2025). Number of Muslims in Mexico 2020, by state [Dataset]. https://www.statista.com/statistics/1469925/number-of-muslims-in-mexico-by-state/
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    Dataset updated
    Jul 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    Latin America, Mexico
    Description

    In 2020, Mexico had a Muslim population of ***** people. Mexico City, with *****, was the state with the biggest Muslim community in the country. Mexico State was the only other federal entity with more than 1,000 Muslims.

  13. D

    Islamic FinTech Market Research Report 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Sep 30, 2025
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    Dataintelo (2025). Islamic FinTech Market Research Report 2033 [Dataset]. https://dataintelo.com/report/islamic-fintech-market
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    pdf, pptx, csvAvailable download formats
    Dataset updated
    Sep 30, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Islamic FinTech Market Outlook



    According to our latest research, the Islamic FinTech market size reached USD 86.5 billion globally in 2024, reflecting robust momentum in Shariah-compliant digital financial solutions. The industry is growing at a remarkable CAGR of 18.2% and is forecasted to reach USD 432.7 billion by 2033. This growth is primarily attributed to increasing digital adoption in Muslim-majority regions, the proliferation of mobile banking, and a rapidly expanding young and tech-savvy population seeking ethical financial products. As per our latest research, the market’s surge is underpinned by a combination of regulatory support, technological innovation, and a growing preference for financial services that align with Islamic principles.




    The Islamic FinTech market is experiencing exponential growth due to several key factors. Firstly, the global Muslim population, which exceeds 1.9 billion, is increasingly demanding financial services that comply with Shariah law. This demographic trend is driving financial institutions and startups alike to innovate in ways that respect Islamic principles, particularly in areas such as interest-free lending, risk-sharing, and ethical investment. Additionally, the spread of smartphones and internet connectivity in emerging markets has made it easier for Islamic FinTech companies to reach underserved populations, especially in rural and semi-urban areas where traditional banking infrastructure is limited. These factors collectively fuel the market’s expansion, making Islamic FinTech an attractive sector for investors and entrepreneurs.




    Another significant growth driver is the proactive stance of regulators and governments in Muslim-majority countries, particularly in Southeast Asia and the Middle East. Regulatory bodies are increasingly issuing guidelines and frameworks that foster innovation while ensuring compliance with Shariah standards. For instance, Malaysia and the United Arab Emirates have established dedicated FinTech sandboxes and incubators to support the development and scaling of Islamic FinTech solutions. This regulatory clarity not only reduces the risks for startups and investors but also encourages traditional Islamic banks to partner with or acquire FinTech firms to enhance their digital offerings. The result is a vibrant ecosystem where collaboration and competition drive continuous improvement in product offerings and customer experience.




    Moreover, the integration of advanced technologies such as artificial intelligence, blockchain, and big data analytics is revolutionizing the Islamic FinTech landscape. These technologies enable more efficient, transparent, and secure financial transactions, which are critical for maintaining trust in Shariah-compliant services. For example, blockchain is being leveraged to enhance the transparency of zakat (charitable giving) and crowdfunding platforms, while AI-driven robo-advisors are making wealth management accessible to a broader audience. The convergence of technology and ethical finance is not only expanding the reach of Islamic FinTech but also setting new standards for innovation in the global financial industry.




    Regionally, the Middle East and Asia Pacific dominate the Islamic FinTech market, accounting for over 70% of the global market size in 2024. Countries like Malaysia, Indonesia, Saudi Arabia, and the UAE are leading the charge, thanks to supportive regulatory environments, high digital penetration, and a large base of Muslim consumers. North America and Europe are also witnessing steady growth, driven by increasing demand from Muslim diaspora communities and a rising interest in ethical finance among non-Muslims. This diverse regional landscape presents unique opportunities and challenges, as companies must tailor their offerings to meet the specific cultural, regulatory, and technological needs of each market.



    Service Type Analysis



    The Islamic FinTech market is segmented by service type into Payments, Wealth Management, Lending, Insurance, Crowdfunding, Banking, and Others, each playing a pivotal role in shaping the industry’s landscape. Payments remain the largest segment, accounting for nearly 35% of the market in 2024. The proliferation of mobile payment platforms, digital wallets, and cross-border remittance services tailored to Shariah principles has significantly enhanced financial inclusion in Muslim-

  14. r

    Data from: An investigation into psychosocial factors influencing mental...

    • researchdata.edu.au
    • acquire.cqu.edu.au
    Updated Mar 16, 2023
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    Grace Kilis (2023). An investigation into psychosocial factors influencing mental health and well-being in Indonesia [Dataset]. http://doi.org/10.25946/20706907.V2
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    Dataset updated
    Mar 16, 2023
    Dataset provided by
    Central Queensland University
    Authors
    Grace Kilis
    Area covered
    Indonesia
    Description

    This study explores the nature and conceptualisation of mental health and well-being among Indonesians living in an urban environment. Little is known about the nature of mental health and well-being in the everyday living context in developing countries. In Indonesia, as one of the most populous countries and the largest Muslim population in the world, the incidence of mental health problems has increased immensely in the last decade. However, there is a very limited number of studies that incorporate relevant cultural contexts into the understanding of mental health and well-being in Indonesia. This study aims to elucidate the relationship of specific psychosocial factors, as protective and risk factors, to mental health and well-being in the everyday urban living contexts experienced by a growing middle class in Indonesia in the perspective of Keyes' model of mental well-being. The data for this study were collected through semi-structured interviews and were analysed using Giorgi’s descriptive phenomenological approach.

  15. D

    Islamic Insurance Market Research Report 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Oct 1, 2025
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    Dataintelo (2025). Islamic Insurance Market Research Report 2033 [Dataset]. https://dataintelo.com/report/islamic-insurance-market
    Explore at:
    pdf, pptx, csvAvailable download formats
    Dataset updated
    Oct 1, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Islamic Insurance (Takaful) Market Outlook



    As per our latest research, the Islamic Insurance (Takaful) market size reached USD 35.7 billion in 2024, demonstrating robust momentum driven by increasing demand for Sharia-compliant financial services globally. The market is set to expand at a CAGR of 13.2% from 2025 to 2033, reaching an estimated USD 104.3 billion by 2033. This impressive growth trajectory is fueled by the rising awareness of Islamic finance principles, regulatory support, and the increasing penetration of Islamic financial products in both Muslim-majority and non-Muslim regions. As the global Islamic finance ecosystem matures, the Takaful sector is poised for substantial expansion and innovation.




    The primary growth driver for the Islamic Insurance (Takaful) market is the increasing demand for ethical and Sharia-compliant insurance products. With a growing Muslim population worldwide, particularly in Asia Pacific and the Middle East, there is a significant shift towards financial solutions aligned with Islamic values. Takaful, which operates on the principles of mutual cooperation and risk-sharing, appeals to consumers seeking alternatives to conventional insurance, which may involve elements prohibited under Sharia law such as interest (riba) and uncertainty (gharar). This demand is further amplified by the rising financial literacy among consumers and the proactive efforts of governments and financial institutions to promote Islamic finance as a viable and competitive alternative to traditional financial products.




    Another key factor propelling the growth of the Takaful market is the supportive regulatory environment in several core markets. Countries such as Malaysia, Saudi Arabia, and the United Arab Emirates have implemented comprehensive frameworks and guidelines that foster the development of Islamic insurance. These regulations ensure transparency, consumer protection, and Sharia compliance, thereby boosting consumer confidence and facilitating market entry for new players. Furthermore, cross-border collaborations and harmonization of standards are enabling Takaful operators to scale their offerings and tap into new markets, including regions with emerging interest in Islamic finance such as Africa and Southeast Asia. The proliferation of digital platforms and InsurTech innovations is also making Takaful more accessible and appealing, particularly to younger, tech-savvy consumers.




    The increasing integration of technology within the Takaful sector is a significant catalyst for market expansion. Digital transformation, including the adoption of online distribution channels, mobile applications, and AI-driven customer engagement tools, is revolutionizing how Takaful services are delivered and consumed. These advancements not only enhance operational efficiency and reduce costs but also improve customer experience and broaden market reach. The use of big data analytics, blockchain, and smart contracts is streamlining underwriting, claims processing, and compliance monitoring, which is critical in maintaining the integrity and trust inherent in Takaful operations. As digital infrastructure continues to evolve, Takaful operators are better positioned to meet the diverse needs of individuals, SMEs, and large enterprises, further accelerating market growth.




    Regionally, the Middle East & Africa and Asia Pacific remain the powerhouses of the global Takaful market, accounting for a significant share of the total premium volume. The Middle East, led by the Gulf Cooperation Council (GCC) countries, benefits from a strong Islamic banking ecosystem and supportive government initiatives. Meanwhile, Southeast Asia, particularly Malaysia and Indonesia, is witnessing rapid growth due to proactive regulatory measures and a large, underserved Muslim population. Emerging markets in Africa and South Asia are also showing promising potential, driven by increasing awareness, economic development, and regulatory reforms. In contrast, Europe and North America are experiencing gradual adoption, primarily among diaspora communities and through niche product offerings. Overall, the global outlook for the Islamic Insurance (Takaful) market is highly optimistic, with significant opportunities for innovation, expansion, and cross-border collaboration.



    Type Analysis



    The Takaful market is segmented by type into Family Takaful and General Takaful, each catering to distinct consumer needs and risk pr

  16. G

    Islamic Insurance (Takaful) Market Research Report 2033

    • growthmarketreports.com
    csv, pdf, pptx
    Updated Aug 22, 2025
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    Growth Market Reports (2025). Islamic Insurance (Takaful) Market Research Report 2033 [Dataset]. https://growthmarketreports.com/report/islamic-insurance-takaful-market
    Explore at:
    csv, pptx, pdfAvailable download formats
    Dataset updated
    Aug 22, 2025
    Dataset authored and provided by
    Growth Market Reports
    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Islamic Insurance (Takaful) Market Outlook




    According to our latest research, the global Islamic Insurance (Takaful) market size reached USD 32.7 billion in 2024, demonstrating robust expansion driven by increasing demand for Sharia-compliant financial products. The market is projected to grow at a CAGR of 13.2% during the forecast period, reaching approximately USD 89.6 billion by 2033. The primary growth factor for this market is the rising awareness and acceptance of ethical and interest-free insurance solutions across both Muslim-majority and non-Muslim-majority countries. This surge in demand is further supported by favorable regulatory reforms and the growing presence of Takaful operators globally.




    One of the significant growth drivers for the Islamic Insurance (Takaful) market is the increasing consumer preference for ethical and Sharia-compliant financial solutions. As awareness of Islamic finance principles expands, more individuals and businesses are seeking insurance products that align with their religious and ethical beliefs. Takaful, based on the principles of mutual cooperation and shared responsibility, offers an attractive alternative to conventional insurance, which often involves elements of uncertainty (gharar) and interest (riba) prohibited under Islamic law. This shift in consumer behavior is particularly pronounced in regions with large Muslim populations, such as the Middle East, Southeast Asia, and North Africa, but is also gaining traction in Western markets as financial inclusivity and ethical investing become more mainstream.




    Another key factor fueling the growth of the Takaful market is the proactive stance of regulatory authorities in developing frameworks that support Islamic insurance operations. Governments in countries like Malaysia, Saudi Arabia, and the United Arab Emirates have introduced comprehensive regulations to ensure the soundness and transparency of Takaful operations, thereby fostering investor confidence and encouraging market entry by new players. Additionally, global standard-setting bodies such as the Islamic Financial Services Board (IFSB) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) are continuously working to harmonize standards, which is expected to further propel market growth by reducing operational uncertainties and facilitating cross-border expansion.




    The integration of digital technologies and innovative distribution channels is also playing a pivotal role in shaping the future of the Islamic Insurance (Takaful) market. The rise of digital platforms, mobile applications, and online aggregators has made Takaful products more accessible to a broader customer base, especially among tech-savvy younger generations. Insurtech innovations are streamlining processes, enhancing customer experiences, and reducing administrative costs, thereby making Takaful solutions more competitive and appealing. The adoption of artificial intelligence, blockchain, and big data analytics is expected to further transform the market landscape, enabling Takaful operators to offer personalized products, improve risk assessment, and enhance claims management.




    Regionally, the Middle East and Southeast Asia remain the largest and most dynamic markets for Islamic Insurance (Takaful), accounting for a significant share of global premiums. However, there is growing interest and market penetration in Africa, South Asia, and even parts of Europe and North America, driven by increasing Muslim populations and greater awareness of Sharia-compliant financial services. The expansion of Takaful into new geographies is being facilitated by strategic alliances, bancassurance partnerships, and the entry of multinational insurers seeking to diversify their portfolios. As a result, the global Takaful market is expected to witness accelerated growth, with emerging markets playing a crucial role in shaping its trajectory over the next decade.





    Type Analysis




    The Islamic Insurance (Takaful) market is broadly catego

  17. A

    Asia-Pacific Islamic Finance Market Report

    • marketreportanalytics.com
    doc, pdf, ppt
    Updated Apr 26, 2025
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    Market Report Analytics (2025). Asia-Pacific Islamic Finance Market Report [Dataset]. https://www.marketreportanalytics.com/reports/asia-pacific-islamic-finance-market-99721
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    pdf, ppt, docAvailable download formats
    Dataset updated
    Apr 26, 2025
    Dataset authored and provided by
    Market Report Analytics
    License

    https://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy

    Time period covered
    2025 - 2033
    Area covered
    Asia, Global
    Variables measured
    Market Size
    Description

    The Asia-Pacific Islamic finance market, encompassing Islamic banking, Takaful (Islamic insurance), and Sukuk (Islamic bonds), is experiencing robust growth, driven by a rising Muslim population, increasing awareness of Sharia-compliant financial products, and supportive government policies across the region. The market's Compound Annual Growth Rate (CAGR) exceeding 3.50% signifies a significant expansion projected through 2033. Malaysia, Indonesia, and Pakistan are key contributors, with established Islamic financial institutions and a strong regulatory framework. However, challenges remain, including the need for further product diversification to meet evolving customer needs and addressing infrastructural limitations in some regions. Growth is expected to be fueled by technological advancements, particularly in fintech, which can enhance accessibility and efficiency of Islamic financial services. The increasing integration of Islamic finance into mainstream finance also contributes to its overall expansion. The segmentation reveals a diverse landscape, with Islamic banking commanding the largest market share, followed by Takaful and Sukuk. While Malaysia currently holds a significant regional share, other countries like Indonesia, Pakistan, and Bangladesh show considerable growth potential due to their substantial Muslim populations and economic expansion. The “Other Fi” segment, encompassing various Sharia-compliant investment and financing vehicles, is expected to witness significant growth as the market matures and diversifies. Competition among established players like Maybank Islamic, CIMB Islamic Bank, and Meezan Bank, alongside emerging players, will intensify as the market expands, leading to innovative product development and improved service offerings. Further research and analysis are required to quantify the exact market size and growth projections for each segment and country, but the overall trend is strongly positive and indicates considerable opportunity for growth in the coming years. Recent developments include: In February 2024, Telekom Malaysia Bhd (TM) and Maybank Islamic Bhd collaborated to provide the nation's first 5G-powered Islamic Banking as a Service (BaaS) solution. The partnership combines the best of TM's renowned Uni5G Postpaid Biz mobile products with the wide range of financial services offered by Maybank Islamic., In October 2023, Maybank Islamic Berhad and the digital software development company Synxsoft Sdn Bhd entered into collaboration to provide the Bank's Micro, Small, and Medium Enterprise (MSME) customers with a digitally frictionless process for obtaining Halal certification for their business.. Key drivers for this market are: Innovation and Product development in the Islamic Finance Industry, Government Support and Regulation expanding the market. Potential restraints include: Innovation and Product development in the Islamic Finance Industry, Government Support and Regulation expanding the market. Notable trends are: Emerging Islamic Finance Instruments in Asian Countries Drives the Market.

  18. R

    Halal-Friendly Menu Implementation Market Research Report 2033

    • researchintelo.com
    csv, pdf, pptx
    Updated Oct 1, 2025
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    Research Intelo (2025). Halal-Friendly Menu Implementation Market Research Report 2033 [Dataset]. https://researchintelo.com/report/halal-friendly-menu-implementation-market
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    csv, pptx, pdfAvailable download formats
    Dataset updated
    Oct 1, 2025
    Dataset authored and provided by
    Research Intelo
    License

    https://researchintelo.com/privacy-and-policyhttps://researchintelo.com/privacy-and-policy

    Time period covered
    2024 - 2033
    Area covered
    Global
    Description

    Halal-Friendly Menu Implementation Market Outlook



    According to our latest research, the Global Halal-Friendly Menu Implementation market size was valued at $22.7 billion in 2024 and is projected to reach $48.5 billion by 2033, expanding at a CAGR of 8.7% during 2024–2033. The primary driver for this robust expansion is the increasing demand for halal-certified offerings among both Muslim and non-Muslim consumers, driven by rising health consciousness, globalization of food cultures, and growing awareness of ethical food sourcing. As consumer preferences evolve and regulatory frameworks strengthen, businesses across the hospitality, food service, and retail sectors are rapidly adopting halal-friendly menu strategies to capture a broader market share and ensure compliance with global halal standards.



    Regional Outlook



    The Asia Pacific region currently holds the largest share of the Halal-Friendly Menu Implementation market, accounting for approximately 38% of the global market value in 2024. This dominance is attributed to the presence of the world’s largest Muslim populations in countries such as Indonesia, Malaysia, and India, where halal dietary laws are deeply embedded in daily life and culture. Governments in these countries have established stringent halal certification bodies and policies, ensuring consumer trust and fostering a mature ecosystem for halal menu offerings. Additionally, the proliferation of international tourism and the expansion of global food service chains have further solidified Asia Pacific’s leadership in this market. The region’s mature regulatory environment, coupled with a robust network of suppliers and distributors, continues to support sustained market growth and innovation in halal-friendly offerings.



    The Middle East & Africa is emerging as the fastest-growing region in the Halal-Friendly Menu Implementation market, estimated to register a CAGR of 9.8% from 2024 to 2033. This rapid growth is underpinned by significant investments in hospitality and tourism infrastructure, particularly in the Gulf Cooperation Council (GCC) countries, where halal compliance is mandatory. Governments and private enterprises are actively promoting halal tourism and culinary experiences, attracting both local and international visitors seeking authentic halal options. The region’s focus on diversifying its economies beyond oil, coupled with strategic partnerships with global food and beverage brands, is accelerating the adoption of halal-friendly menu practices. The increasing influx of expatriates and tourists, alongside growing urbanization, further reinforces the region’s position as a dynamic growth hub for halal-certified food services.



    In emerging economies across Latin America and parts of Europe, the adoption of halal-friendly menu implementation is gaining traction, though challenges remain. Limited awareness, fragmented certification processes, and varying degrees of regulatory oversight have slowed widespread adoption. However, rising Muslim populations, increased cross-cultural exchange, and the globalization of food trends are gradually stimulating demand in these markets. Local businesses are beginning to recognize the commercial potential of halal certification, especially in urban centers with diverse demographics. Policy harmonization, capacity-building initiatives, and targeted marketing campaigns are expected to bridge adoption gaps, enabling these regions to tap into the lucrative halal market while addressing consumer trust and standardization challenges.



    Report Scope





    Attributes Details
    Report Title Halal-Friendly Menu Implementation Market Research Report 2033
    By Offering Food Products, Beverages, Services
    By Application Restaurants, Hotels, Catering Services, Institutional Food Service, Airlines, Others
    By Distribution Channel </b&

  19. D

    Halal Tourism Market Research Report 2033

    • dataintelo.com
    csv, pdf, pptx
    Updated Oct 1, 2025
    + more versions
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    Dataintelo (2025). Halal Tourism Market Research Report 2033 [Dataset]. https://dataintelo.com/report/halal-tourism-market
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    pptx, pdf, csvAvailable download formats
    Dataset updated
    Oct 1, 2025
    Dataset authored and provided by
    Dataintelo
    License

    https://dataintelo.com/privacy-and-policyhttps://dataintelo.com/privacy-and-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    Halal Tourism Market Outlook



    According to our latest research, the global halal tourism market size reached USD 255.4 billion in 2024, demonstrating robust expansion driven by increasing demand for travel experiences that accommodate Islamic principles. The market is projected to grow at a CAGR of 8.9% from 2025 to 2033, with the market size expected to reach USD 548.2 billion by 2033. This growth is primarily fueled by the rising disposable incomes of Muslim travelers, the proliferation of halal-friendly travel services, and growing awareness among travel operators about the unique needs of this demographic.




    One of the most significant growth factors for the halal tourism market is the expanding Muslim population worldwide, which is estimated to surpass 2.2 billion by 2030. This burgeoning demographic not only represents a substantial segment of the global travel market but also exhibits a strong preference for travel experiences that align with their religious values. The demand for halal-compliant services, such as prayer facilities, halal food options, and gender-segregated recreational amenities, is prompting travel operators and destinations to adapt their offerings. Furthermore, the increasing number of Muslim-majority countries investing in tourism infrastructure, coupled with government-led initiatives to promote halal tourism, is accelerating market growth.




    Another key driver is the digital transformation within the travel industry, which has made it significantly easier for Muslim travelers to access and book halal-friendly services. Online travel agencies (OTAs) and specialized booking platforms now offer detailed information on halal amenities, making the travel planning process more transparent and convenient. The proliferation of travel blogs, social media influencers, and review platforms that cater specifically to halal tourism has also played a pivotal role in raising awareness about destinations and services that cater to Islamic requirements. This digital shift not only enhances customer experience but also enables service providers to reach a broader, tech-savvy audience.




    The evolving preferences of younger travelers, particularly millennials and Generation Z, are also shaping the future of the halal tourism market. These cohorts are more adventurous, digitally connected, and open to exploring new destinations, provided their religious needs are met. Their influence is prompting the tourism industry to innovate and diversify its offerings, from halal adventure tourism to wellness retreats and eco-friendly travel options. Moreover, the growing emphasis on personalized travel experiences, coupled with a strong focus on authenticity and cultural immersion, is driving demand for unique halal travel packages that go beyond traditional pilgrimage or family vacations.




    From a regional perspective, Asia Pacific continues to dominate the halal tourism market, accounting for the largest share in 2024. This leadership is underpinned by the presence of major Muslim-majority countries such as Indonesia and Malaysia, both of which have invested heavily in positioning themselves as premier halal-friendly destinations. The Middle East, particularly the Gulf Cooperation Council (GCC) countries, remains a key market due to its religious significance and luxury tourism offerings. Meanwhile, Europe and North America are witnessing steady growth, driven by increasing awareness and the rising number of Muslim travelers from both local and international communities. Latin America and Africa are emerging as new frontiers, with governments and private players recognizing the untapped potential of halal tourism in these regions.



    Service Type Analysis



    The service type segment in the halal tourism market encompasses accommodation, transportation, food & beverage, travel packages, and others, each playing a vital role in shaping the overall travel experience for Muslim tourists. Accommodation remains the cornerstone of halal tourism, with hotels and resorts increasingly adopting halal certification, offering prayer facilities, and ensuring the availability of halal food within their premises. The demand for halal-compliant accommodation has led to the emergence of exclusive halal hotel brands and the adaptation of mainstream hotel chains to cater to this segment. These establishments are not only focusing on religious requirements but also on providing luxury, comfort, and family-friendly environments, thereby broadening their ap

  20. a

    Predominant Religion

    • hub.arcgis.com
    • umn.hub.arcgis.com
    Updated Jan 19, 2017
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    University of Minnesota (2017). Predominant Religion [Dataset]. https://hub.arcgis.com/maps/UMN::predominant-religion/about
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    Dataset updated
    Jan 19, 2017
    Dataset authored and provided by
    University of Minnesota
    Area covered
    Description

    This map displays predominant religion by country and predominant religion family by region. Religion family categories shown include Buddhism, Christianity, Hinduism, Islam, Judaism, and Other. Religion categories by country shown include Roman Catholic, Protestant, Sunni Islam, Shia Islam, Orthodox Christianity, Folk Religion, Christianity Other, Hindu, Shi’a Islam, Unaffiliated, Uninhabited, and Other. First- and second-largest religion and percent of the population practicing each are shown for each country.The main source of data comes from the Association of Religion Data Archives - https://www.thearda.com/.

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Statista, Countries with the largest Muslim population in 2020 [Dataset]. https://www.statista.com/statistics/374661/countries-with-the-largest-muslim-population/
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Countries with the largest Muslim population in 2020

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10 scholarly articles cite this dataset (View in Google Scholar)
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2020
Area covered
World
Description

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.

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