Islamic economy report: Global spending on Islamic food, lifestyle to strike $3tr
PHOTO: EXPRESS
ISLAMABAD: Global spending on Islamic food and lifestyle is projected to strike $3 trillion in 5 years as a Islamic financial sector, that has resources now value $2 trillion, is staid to hold $3.3 trillion by 2021 on a behind of flourishing recognition about a product offerings.
According to Khaleej Times, a Dubai Islamic Economy Development Centre in a ‘State of a Global Islamic Economy Report’ prepared in partnership with Thomson Reuters and DinarStandard estimates that tellurian Muslim spending on food and beverages is approaching to strech $1.9 trillion
by 2021.
The report’s commentary uncover that tellurian Muslim spending opposite sectors was over $1.9 trillion in 2015.
Published in The Express Tribune, Oct 5th, 2016.
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Article source: http://tribune.com.pk/story/1193589/islamic-economy-report-global-spending-islamic-food-lifestyle-hit-3tr/