Aset Bank Syariah Global Increased by 149% in a Decade

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Adi Ahdiat 28/08/2024 16:30 WIB

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According to the Islamic Finance Development Report, global Islamic banking assets reached US$3.24 trillion in 2022, a 149% increase compared to the previous decade.

Global Syariah Bank Asset Value (2012-2022)

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Global Syariah Bank Asset Value (2012-2022)

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According to the *Islamic Finance Development Report* (IFDR), global Islamic banking assets reached US$3.24 trillion in 2022.

This represents a 149% increase compared to a decade earlier, specifically 2012, as detailed in the graph.

"Islamic banking has been the main driver of growth in the Islamic finance industry over the past decade," the IFDR report states.

"Islamic banks remained resilient in the face of market volatility from 2012 to 2022, recovering from the significant pressures they faced during the Covid-19 pandemic and the economic uncertainty post-2020," it continues.

Iran had the largest Islamic banking assets in 2022, at US$1.3 trillion, representing 40% of total global Islamic banking assets.

Indonesia ranked 10th with Islamic banking assets of US$46 billion, accounting for 1.4% globally.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."