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.

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.

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.

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

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.

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.

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.

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.

This statistic displays the projected Muslim population proportions in selected European countries in 2050, by scenario. In 2010 the proportion of Muslims in the population of Germany was *** percent, compared with *** percent in the UK and *** percent in France. Depending on the different migration scenarios estimated here, Germany's share of Muslims in the population could rise up to **** percent of it's population by 2050, higher than both the UK and France, with projected Muslim populations of **** and ** percent respectively.

Kenya had a Muslim population of roughly 5.6 million people, according to the last country census conducted in 2019. Nearly 50 percent of individuals adhering to Islam lived in the Northern-East counties of Mandera (856.5 thousand people), Garissa (815.8 thousand people), and Wajir (767.3 thousand people). Overall, around 10 percent of Kenya's population identified as Muslim.

The global Halal Beverages market is experiencing robust growth, projected to reach a substantial market size of approximately $85 billion by 2033, expanding at a Compound Annual Growth Rate (CAGR) of roughly 10% from 2025. This expansion is fueled by a confluence of factors, including the increasing global Muslim population, rising disposable incomes, and a growing awareness and demand for Halal-certified products across diverse consumer segments. The market's value, estimated to be around $45 billion in 2025, is driven by key applications such as hypermarkets/supermarkets and the burgeoning online channel, which offers greater accessibility and variety. Juice, carbonated drinks, and tea and coffee represent the primary product types catering to this demand. Leading players like Nestle, Unilever, and Cargill are actively investing in expanding their Halal beverage portfolios to capture this lucrative market. The market's trajectory indicates a significant opportunity for established and emerging companies alike. Geographically, Asia Pacific and the Middle East & Africa are poised to be the dominant regions, driven by their large Muslim demographics and increasing consumer purchasing power. However, North America and Europe are also witnessing steady growth, with a rising non-Muslim consumer base opting for Halal beverages due to perceived health benefits and quality assurance. Key trends shaping the market include innovation in product formulations, the introduction of functional Halal beverages, and a greater emphasis on sustainable and ethical sourcing. While the market presents immense opportunities, challenges such as the complexity of Halal certification across different regions and potential price sensitivities in certain markets need careful navigation by industry participants to ensure sustained and inclusive growth.

According to the 2021 Census, 81.7% of the population of England and Wales was white, 9.3% Asian, 4.0% black, 2.9% mixed and 2.1% from other ethnic groups.

Snapshot img { margin: 10px !important; } Sukuk market size

Market research analysts at Technavio have predicted that the global Sukuk market will grow steadily during the forecast period and will post a CAGR of more than 8% by 2020. This market research analysis identifies the diversification of investment pattern in emerging countries as one of the primary growth factors for this market.

Many Islamic banking institutions have already started seeking strategic partnerships with foreign financial institutions to step up expansions in foreign countries and also benefit from opportunities in untapped markets. The rising disposable incomes have also encouraged more people to invest in Shariah-compliant products. Moreover, the increasing competition, the growing demand with greater sophistication, and innovation in products and services will also add to the growth of the market.

Islamic finance products like Sukuk are considered unique in the financial sector. Mature and developing Islamic markets are facing shortages in technical expertise in terms of product innovation and in driving sales. The establishment of Islamic finance products in different geographies will help target both Muslim and non-Muslim populations, under the guidance of Muslim scholars. This will create a rise in the awareness for providing globally accepted qualifications that will help industry professionals to develop their professional careers. Also, the market will also witness a number of outsourcing and white labeling activities.

Sukuk market share: Competitive landscape and key vendors

The market is characterized by the presence of several well-established and regional vendors. Owing to their favorable demographics and strong macroeconomic fundamentals, the South East Asian countries hold the maximum potential for growth in Islamic products. To enhance the operating model, to attract large numbers of depositors, and to expand its credit services, vendors in the industry have the need to customize their products. Vendors will also start creating separate MSME (micro small and medium enterprises) business units to develop private equity and venture capital practices and will also deduce strategic moves to enhance the current clientele. Islamic banks will also start focusing on expanding their channel capabilities to offer customized products and services.

The leading vendors in the market

Abu Dhabi Islamic Bank
Al Baraka Bank
Al Rajhi Bank
Dubai Islamic Bank PJSC
HSBC
Kuwait Finance House
Maybank Islamic Berhad
Qatar International Islamic Bank
Samba

Sukuk market growth based on geographical segmentation

South East Asia
Middle East
ROW

This market study estimates that in terms of geography South East Asia will account for more than 76% of the total share of the market by 2020 and will also dominate this market throughout the forecast period. Sukuk bonds are expected to perform well during the predicted period and will result in attracting foreign issuers from different regions. Also, Sukuk is based on asset-based securitization methods, and this will make it ideal to finance highway networks, new ports, and other infrastructure projects in the coming years.

Sukuk market growth drivers, challenges, and upcoming trends

Modern banking customers often transact online and also use the cyber domain to relate their user experience. This will induce Islamic banking and financial institutions to invest in analytics to offer their customers with better user experience and customized products. Also, the use of social media analytics will also enable these institutions to gauge customer expectations, perceptions, and experiences.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global Sukuk market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the global sukuk market?
What are the key market trends impacting the growth of the global sukuk market?
What are the challenges to market growth?
Who are the key vendors in the global sukuk market?
What are the market opportunities and threats faced by the vendors in the global sukuk market?
Trending factors influencing the market shares of the South East Asia, Middle East, and ROW.
What are the key outcomes of the five forces analysis of the global sukuk market?

Technavio also offers customization on reports based on specific client requirement.

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As of 2010, Christianity was the religion with the most followers worldwide, followed by Islam (Muslims) and Hinduism. In the forty years between 2010 and 2050, it is projected that the landscape of world religions will undergo some noticeable changes, with the number of Muslims almost catching up to Christians. The changes in population sizes of each religious group is largely dependent on demographic development, for example, the rise in the world's Christian population will largely be driven by population growth in Sub-Saharan Africa, while Muslim populations will rise across various regions of Africa and South Asia. As India's population is set to grow while China's goes into decline, this will be reflected in the fact that Hindus will outnumber the unaffiliated by 2050. In fact, India may be home to both the largest Hindu and Muslim populations in the world by the middle of this century.

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.

In 2021, Muslims around the world spent a total of *** trillion U.S. dollars across the food, pharmaceutical, cosmetics, fashion, travel, and media/recreation sectors. The global Muslim market has the potential to grow to about *** trillion dollars by 2025. The largest market for Muslim consumers is the halal food and beverage sector.

In 2022, the Islamic banking assets in Iran amounted to ***** billion U.S. dollars. In the same year, the total Islamic banking assets amounted to ***** trillion U.S. dollars worldwide.

Worldwide, the male population is slightly higher than the female population, although this varies by country. As of 2024, Hong Kong has the highest share of women worldwide with almost ** percent. Moldova followed behind with around ** percent. Among the countries with the largest share of women in the total population, several were former Soviet states or were located in Eastern Europe. By contrast, Qatar, the United Arab Emirates, and Oman had some of the highest proportions of men in their populations.

The two countries with the greatest shares of the world's Jewish population are the United States and Israel. The United States had been a hub of Jewish immigration since the nineteenth century, as Jewish people sought to escape persecution in Europe by emigrating across the Atlantic. The Jewish population in the U.S. is largely congregated in major urban areas, such as New York, Los Angeles, and Chicago, with the New York metropolitan area being the city with the second largest Jewish population worldwide, after Tel Aviv, Israel. Israel is the world's only officially Jewish state, having been founded in 1948 following the first Arab-Israeli War. While Jews had been emigrating to the holy lands since the nineteenth century, when they were controlled by the Ottoman Empire, immigration increased rapidly following the establishment of the state of Israel. Jewish communities in Eastern Europe who had survived the Holocaust saw Israel as a haven from persecution, while the state encouraged immigration from Jewish communities in other regions, notably the Middle East & North Africa. Smaller Jewish communities remain in Europe in countries such as France, the UK, and Germany, and in other countries which were hotspots for Jewish migration in the twentieth century, such as Canada and Argentina.

In 2024, Ethiopia had the largest Christian population in Africa, with around 77.5 million people who identified as Christian. The second highest Christian population was in Nigeria, with 74.4 million people. Christianity has a significant presence in Africa, with its history on the continent dating back to the fourth century in Ethiopia. Furthermore, Christianity has spread throughout Africa with different denominations and traditions, taking root in various regions. Some of the largest Christian denominations in Africa include the Roman Catholic Church, the Anglican Church, and the Pentecostal and Charismatic movements.