The core sectors of the Islamic Economy represent an aggregate consumer spend opportunity of $2.2 trillion in 2018 therefore it is important to understand the key drivers of Global Islamic Economy and learn about the potential of this ethical economy.
The Global Islamic Economy Indicator is a composite weighted index that calculates Islamic economic sectors overall growth by measuring the performance of its sections in line with its wider social obligations. It is intended to be a real barometer of Islamic economic sectors condition through its fundamentals. The measure seeks to implement a new way of assessing growth by integrating data into a single composite indicator from the different elements of the sectors. This quantified knowledge can help promote greater understanding of how the different parts of the market develop over time.
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