#islamic-finance

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fromFortune
5 days ago

Asia's next generation, globally-educated and financially-literate, are taking control of their fortunes | Fortune

Next-generation Asian heirs are increasingly making investment decisions as wealth managers step back amid a potential $5.8 trillion intergenerational asset transfer by 2030.
fromFortune Asia
6 months ago

Southeast Asia's 'incredibly dynamic' Islamic finance market is drawing in non-Islamic players

Over 280 million Southeast Asians, about 40% of the region's population, identify as Muslim. That's spawned demand for goods and services that cater to a more Islamic lifestyle. It's more than just halal food: Muslim consumers also demand more modest fashion or cosmetics that don't use pig-derived products or alcohol. Even Southeast Asia's finance sector is becoming more halal. Islamic finance in Southeast Asia totaled roughly $859 billion in 2023, up from $754 billion in 2020.
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