Market Research
The reports behind the thesis.
Every market figure on this site is drawn from a published, named source. Below are the primary references we rely on for the size, growth, and behaviour of the global Islamic economy.
SGIE 2023/24
2024State of the Global Islamic Economy Report 2023/24
DinarStandard / Salaam Gateway
Annual benchmark of the global Islamic economy across food, finance, travel, fashion, media, and pharmaceuticals. Sizes Muslim consumer spend at over $2 trillion and tracks segment growth.
Pew 2015
2015The Future of World Religions: Population Growth Projections, 2010–2050
Pew Research Center
Projects Muslims as the fastest-growing major religious group, expected to reach near parity with Christians by mid-century.
Pew 2017
2017The Changing Global Religious Landscape
Pew Research Center
Documents demographic shifts driving Muslim population growth — younger median age and higher fertility relative to global averages.
ICD-LSEG IFDI
2023Islamic Finance Development Indicator
Islamic Corporation for the Development of the Private Sector (ICD)
Tracks the size and development of the global Islamic finance industry, with assets reported above $4 trillion and double-digit annual growth.
GMTI 2024
2024Global Muslim Travel Index 2024
Mastercard–CrescentRating
Annual index of Muslim travel behaviour and destination readiness. Forecasts Muslim international arrivals to exceed 230 million by 2028.
DinarStandard
ongoingDinarStandard Research Library
DinarStandard
Sector-specific research across the halal food, modest fashion, halal travel, Islamic finance, and digital economy verticals.
Where a market figure on this site cannot be traced to one of these references, it is presented as a Mithaq Ventures projection and labelled as such.