Global Islamic financial services industry maintains positive growth trajectory


Islamic Financial Services Board (IFSB) secretary-general Dr. Bello Lawal Danbatta

KUALA LUMPUR: Amid the softened growth momentum in the worldwide financial system last year, the global Islamic financial services industry (IFSI) grew at a rate of 6.9% year-on-year, and is estimated to be worth about US$2.19 trillion as at the second quarter of 2018 (Q2 18).

This was revealed by the Islamic Financial Services Board (IFSB) secretary-general Dr. Bello Lawal Danbatta while highlighting on the latest IFSI Stability Report 2019.

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