Global Islamic finance assets are forecast to reach $10.5 trillion by 2030, according to the 2026 Islamic Finance Development Report, up from $6.5 trillion in 2025.

The report attributes the expected growth to advances in Islamic banking and sukuk issuance, particularly in emerging markets. It also cites favorable policies and rising market demand as factors supporting overall industry growth.

According to the report, Malaysia leads in the Islamic Finance Development Indicator.