Of the 1.84 trillion U.S. dollars of assets held by Islamic banks in 2020, almost one trillion were located in Gulf Cooperation Council countries. The Middle East and South Asia accounted for another half a trillion U.S. dollars in assets, almost double the amount held by South East Asian countries. However, regional sukuk issuance was highest in South East Asia, somewhat offsetting this difference.
Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region
(in billion dollars)
Characteristic
Gulf Cooperation Council
Middle East and South Asia
South East Asia
Africa
Others
Q3 2020
979.7
499
258.2
40.8
61.8
2019
854
584.3
240.5
33.9
53.1
2018
704.8
579.8
211.7
27.9
47.2
05001,0001,5002,0002,500
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Islamic banks are structured so as to comply with Islamic religious law (Sharia). Typically, Sharia is understood to prohibit investments in:
conventional financial services or debt instruments which earn income through interest or excess
businesses which engage in activities forbidden by Sharia, such alcohol and gambling
speculative transactions
For the purposes of regional classification, Iran is included in “MESA”, North African countries are included in “Africa”, and Turkey is included in “Others”.
Learn more about how Statista can support your business.
IFSB. (August 16, 2021). Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region (in billion dollars) [Graph]. In Statista. Retrieved May 12, 2025, from https://www.statista.com/statistics/1264618/islamic-banking-assets-region/
IFSB. "Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region (in billion dollars)." Chart. August 16, 2021. Statista. Accessed May 12, 2025. https://www.statista.com/statistics/1264618/islamic-banking-assets-region/
IFSB. (2021). Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region (in billion dollars). Statista. Statista Inc.. Accessed: May 12, 2025. https://www.statista.com/statistics/1264618/islamic-banking-assets-region/
IFSB. "Total Assets of Islamic Banks Worldwide from 2018 to Q3 2020, by Region (in Billion Dollars)." Statista, Statista Inc., 16 Aug 2021, https://www.statista.com/statistics/1264618/islamic-banking-assets-region/
IFSB, Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region (in billion dollars) Statista, https://www.statista.com/statistics/1264618/islamic-banking-assets-region/ (last visited May 12, 2025)
Total assets of Islamic banks worldwide from 2018 to Q3 2020, by region (in billion dollars) [Graph], IFSB, August 16, 2021. [Online]. Available: https://www.statista.com/statistics/1264618/islamic-banking-assets-region/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
