Start with the number in the title. DinarStandard puts global Islamic finance assets at $5.99 trillion for 2024, heading to $9.72 trillion by 2029. For that same year, 2024, the IFSB - the industry's prudential standard-setter, working from regulators' own supervisory returns - puts them at $3.88 trillion. Same industry, same year, a gap of roughly $2.1 trillion. That is not a rounding error. It is a statement about what gets counted, what gets reported, and where the capital actually sits. What both agree on: sukuk outstanding crossed $1 trillion in 2025, and the growth is now coming from Africa and Central Asia. So - is there a corridor here, or a very good story? The panel sizes the flow and shows it’s working.
Azimuth Dialogue 4: A $6 Trillion Corridor? The Industry Can't Yet Agree on Its Own Size
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Speakers
Member of Islamic Finance Committee, Central Bank of Uzbekistan & Managing Partner, Orient Audit Group LLC
Moderator
Deputy Director, Department for Regulation of Credit Organizations & Head of the Thematic Project Office for Islamic Finance Development, Central Bank of Republic of Uzbekistan