With total assets approaching $6 trillion due to strong growth in banking, capital markets, takaful, and a quickly expanding Islamic FinTech sector, the global Islamic finance industry is entering 2026 with tremendous speed.
Global Islamic finance assets reached $5.2 trillion in 2025, representing 14.9% year-over-year increase, according to a new assessment released by the AlHuda Centre of Islamic Banking and Economics. CEO Zubair Mughal stated, “The Islamic finance industry has steadily evolved from a niche, alternative financial system into a systemically important component of the international financial architecture, underscoring the industry’s resilience amid tightening financial conditions, global inflation, and geopolitical upheavals.
With 72% of total assets, or more than $2.7 trillion, Islamic banking continues to be the foundation of the sector. In 2025, financing grew by over 17% annually, while deposits rose by about 9% due to robust activity in the GCC, Asia, and an expanding cluster of African markets. Growth rates surpassing 20% were reported in a number of African states, indicating what Mughal called a “meaningful geographical rebalancing” within the sector.
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