INCEIF CEO predicts $9T Islamic finance by 2029

The IIFM expects the size of Islamic finance, which currently stands at around $6 trillion, to exceed $9 trillion by 2029, driven by increased demand for asset-backed financial instruments and Sharia-compliant principles. The organization emphasizes that the development of this sector requires improving regulatory frameworks, developing skilled personnel, and enhancing transparency—especially in regions such as Central Asia, which holds significant growth potential in the market.

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