Tuesday, 02 April 2019 17:34

January 7, 2019, The Edge Malaysia - Leap of faith

The global Islamic economy not only comprises Islamic finance but also halal food, travel, media, recreation, pharmaceuticals and cosmetics as well as modest fashion. With Muslims representing more than 22% ofthe world's population and expanding at a much faster pace than other religions, there will continue to be a growing addressable market for digital Islamic services, says Deloitte Touche Tohmatsu Ltd in its report, The Digital Islamic Senäces Landscape: Uncovering the Digital Islamic Services Opportunityfor the Middle East and the World. The Thomson Reuters report points out that there is significant scope for growth and maturity in the Islamic economy as only US$745 million in private equity investments were channel-led to this segment over the past three years — a far cry from the US$595 billion in conventional private equity and venture capital investments across the globe in 2017.

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  • Best Practices Type: Newsclips
  • Industry: Others
  • Company Name: Ficus Venture Capital Sdn Bhd
  • Geographical: Selangor
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