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ASEAN Islamic finance industry to cross $1t in 2026
20 Aug 2025 | Wednesday Source : Asian Insurance & Finance
ASEAN’s Islamic finance industry is expected to cross US$1t by end-2026, after reaching nearly $950b by the end of June 2025, according to estimates from Fitch Ratings.
Malaysia, Indonesia, and Brunei will lead its growth due to their large Muslim populations, the ratings agency said. This enables regulations, access to sukuk, and potentially improvement of ties with Gulf Cooperation Council (GCC) countries.
