In a year that will go down in history, the COVID-19 pandemic set off an unprecedented chain reaction of global economic disruption. Businesses, investors, and governments across the global and Islamic economy found themselves embroiled in a financial crisis.Some used this disruption to pivot, while some businesses flourished. This eighth edition of the State of the Global Islamic Economy Report
covers developments over this landmark year —pre- and post-COVID-19.
covers developments over this landmark year —pre- and post-COVID-19.
The Global Islamic Economy:
This year’s report estimates that Muslims spent $2.02 trillion in 2019 across the food, pharmaceutical, cosmetics, fashion, travel and media/recreation sectors, all of which are impacted by Islamic faith-inspired ethical consumption needs.
This year’s report estimates that Muslims spent $2.02 trillion in 2019 across the food, pharmaceutical, cosmetics, fashion, travel and media/recreation sectors, all of which are impacted by Islamic faith-inspired ethical consumption needs.
Complete report can be accessed by Salam Gateway or https://www.salaamgateway.com/specialcoverage/SGIE20-21
