Saudi Arabia Islamic Finance Market Analysis By Financial Sector, Size, Share, Trend, Competition, Future Growth, Opportunities and Forecast 2026 | TechSci Research
Saudi Arabia Islamic finance market is anticipated to grow at an impressive CAGR for the forecast period, 2022-2026. Saudi Arabia is considered one of the largest economies in the Middle East region and is the leading Islamic finance industry across the world and is working towards making Saudi Arabia the leader of the Islamic Finance market. The oil and natural gas industry is the major revenue-generating industry in the country, and it also has the presence of several mineral deposits. The continuous efforts made by the leading authorities to generate new income sources to boost the economy of the country and reduce the financial dependence solely on the oil and natural gas industry is expected to create potential growth for the Saudi Arabia Islamic finance market due to the high demand for digital services. The Kingdom of Saudi Arabia is considered one of the most special places by Muslims around the globe as it is the land of two main holy places that witness huge footfall every y...