Cultural Currency 2026 · The KHASIB Report on Global Muslim Markets
$7.4 trillion. The third-largest economic force on earth. The market hiding in plain sight.
Your future customer base is more Muslim than your current one. The brands that move in the next 12–24 months will price the latecomers out of trust.
54 pages of original market intelligence drawn from 20+ executive interviews with founders, operators, and investors across the Global Muslim Economy.
Foreword by Baroness Manzila Uddin
Member of the House of Lords
The intelligence network
Built with 23 category-defining founders, operators, and institutional voices.
House of Lords
Baroness Manzila Uddin
Member of Parliament. Head of the Web3 All-Party Parliamentary Group. Foreword contributor.
Deloitte Islamic Finance · INCEIF
Daud Vicary Abdullah
Former Global MD, Deloitte Islamic Finance. Former President & CEO, INCEIF, the global Islamic finance university.
Path Solutions · Microsoft Middle East
Mohammed Kateeb
Former Chairman & CEO, Path Solutions. Former MD, Microsoft Middle East.
London Impact Finance & Blockchain Forum
Tasmina Ahmed-Sheikh OBE
Chair, London Impact Finance & Blockchain Forum. Former MP. First woman of colour elected to Scottish Parliament.
Muslim Council of Britain
Zara Mohammed
Former Secretary General, Muslim Council of Britain. First woman and first Scot to lead Britain's largest Muslim umbrella body.
Princeton University
Sadaf Jaffer
Associate Research Scholar, Princeton. First Muslim woman to serve as mayor in the United States.
University of Bristol
Prof. Tariq Modood MBE FBA
Professor of Sociology. Founding Director, Centre for the Study of Ethnicity & Citizenship.
Amaliah
Nafisa Bakkar
CEO, UK's leading Muslim women's media platform. 6.2M monthly readers.
Crep Protect
Nohman Ahmed
CEO, 2nd fastest growing independent UK company. 52 countries.
Ruh Care
Omar Khan
CEO & Co-Founder, Islamic mental health platform. Directory of 1,000+ therapists across 24 countries.
IFIN Services
Shaher Abbas
Founder & CEO, Islamic FinTech platform across GCC and Europe.
MRHB Network
Naquib Mohammed
Founder, world's first Halal DeFi ecosystem. $5B+ in transactions.
Hugo Bank · JazzCash
Atyab Tahir
Co-Founder, HugoBank. Former CEO, JazzCash, Pakistan's largest mobile wallet.
Bayuti
Anouar Adham
Founder & CEO. Prior roles at BNP Paribas, Qatar Islamic Bank, QFC Authority.
Euro Quality Lambs
Rizvan Khalid
MD, Europe's largest Muslim-owned lamb abattoir. $60M+ revenues.
Halal Maldives Travel
Dr. Hussain Sunny Umar
CEO, only Halal tourism platform in the Maldives. $217B global travel market.
Riba Free Foundation
Omar Khaliel
CEO & Co-Founder. Co-Founder, Muslim CEOs Collective.
MuslimTechFest
Arfah Farooq
Founder, UK's flagship event for Muslim talent in tech.
CIBAFI
Rachid Ettaai
Asst. Director, General Council for Islamic Banks & Financial Institutions.
Chaldal
Lusbun Uditi
Director, Bangladesh's largest grocery e-commerce platform. Y Combinator backed.
JustPray
Adam Masoud
Founder & CEO. 150K+ installs. 4.9 stars.
Salesforce · Meta · Citi
Selma Mouloudj
Account Executive, Salesforce. Former Meta and Citi.
Kantar
Amira Sabir
Global Inclusion & Diversity Specialist. Top 50 Influential Muslims in Europe 2024.
Tim Hortons Middle East · SRMG
Aamir Allibhoy
Former CMO, Tim Hortons Middle East. 300+ cafes across GCC. Now GM, SRMG Labs.
University of Bristol
Prof. Tariq Modood MBE FBA
Professor of Sociology. Founding Director, Centre for the Study of Ethnicity & Citizenship.
Amaliah
Nafisa Bakkar
CEO, UK's leading Muslim women's media platform. 6.2M monthly readers.
Crep Protect
Nohman Ahmed
CEO, 2nd fastest growing independent UK company. 52 countries.
Ruh Care
Omar Khan
CEO & Co-Founder, Islamic mental health platform. Directory of 1,000+ therapists across 24 countries.
IFIN Services
Shaher Abbas
Founder & CEO, Islamic FinTech platform across GCC and Europe.
MRHB Network
Naquib Mohammed
Founder, world's first Halal DeFi ecosystem. $5B+ in transactions.
Hugo Bank · JazzCash
Atyab Tahir
Co-Founder, HugoBank. Former CEO, JazzCash, Pakistan's largest mobile wallet.
Bayuti
Anouar Adham
Founder & CEO. Prior roles at BNP Paribas, Qatar Islamic Bank, QFC Authority.
Euro Quality Lambs
Rizvan Khalid
MD, Europe's largest Muslim-owned lamb abattoir. $60M+ revenues.
Halal Maldives Travel
Dr. Hussain Sunny Umar
CEO, only Halal tourism platform in the Maldives. $217B global travel market.
Riba Free Foundation
Omar Khaliel
CEO & Co-Founder. Co-Founder, Muslim CEOs Collective.
MuslimTechFest
Arfah Farooq
Founder, UK's flagship event for Muslim talent in tech.
CIBAFI
Rachid Ettaai
Asst. Director, General Council for Islamic Banks & Financial Institutions.
Chaldal
Lusbun Uditi
Director, Bangladesh's largest grocery e-commerce platform. Y Combinator backed.
JustPray
Adam Masoud
Founder & CEO. 150K+ installs. 4.9 stars.
Salesforce · Meta · Citi
Selma Mouloudj
Account Executive, Salesforce. Former Meta and Citi.
Kantar
Amira Sabir
Global Inclusion & Diversity Specialist. Top 50 Influential Muslims in Europe 2024.
Tim Hortons Middle East · SRMG
Aamir Allibhoy
Former CMO, Tim Hortons Middle East. 300+ cafes across GCC. Now GM, SRMG Labs.
What's inside
Eight chapters. Four sectors.
One actionable framework.
01
The $7.4T Opportunity
Why the Global Islamic Economy is the third-largest economic force on earth and why Western brands are almost entirely missing it.
02
Demographics & Market Velocity
One in three people born globally today is Muslim. Your future customer base is more Muslim than your current one.
03
Market Segmentation
Consumer goods, technology and AI, financial services, travel and hospitality. Where the opportunity sits and what it takes to win each one.
04
Routes to Market
Three entry paths: community-led, certification-led, and brand-as-destination. Which one fits your brand and where you are starting from.
05
Narrative Systems
Why most Muslim-facing campaigns fail. The five levels of brand resonance and what it takes to reach generational loyalty.
06
Policy & Risk Briefings
Geopolitical contagion, regulatory capex, AI risk, and the compliance minefield. Every risk listed has already cost someone money.
07
Contributor Spotlights
In-depth profiles of the 23 founders, operators, and institutional voices whose intelligence built this report.
08
Partnering for Growth
The step between reading the report and moving on it.
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The modern Muslim consumer is not a charity case, but a commercial engine. Building institutions, demanding excellence, and shaping mainstream markets.
Cultural Currency 2026 · KHASIB
The window
is open now.
Institutional capital is already moving. Every quarter of inaction compounds the gap. The brands that move now will define the next decade of global commerce.