Bank Of Baku

Islamic finance assets surpass $4 trillion, projected to hit $6 trillion, says AAOIFI chairman

Chairman of the Board of AAOIFI and former Minister of Housing of the Kingdom of Bahrain, Sheikh Ibrahim ibn Khalifa Al Khalifa

© APA | Chairman of the Board of AAOIFI and former Minister of Housing of the Kingdom of Bahrain, Sheikh Ibrahim ibn Khalifa Al Khalifa

# 23 September 2025 11:29 (UTC +04:00)

Currently, the assets of Islamic finance have exceeded 4 trillion US dollars, Chairman of the Board of AAOIFI and former Minister of Housing of the Kingdom of Bahrain, Sheikh Ibrahim ibn Khalifa Al Khalifa, said at the 1st Azerbaijan International Investment Forum, APA-Economics reports.

"It is expected that this amount will reach 6 trillion dollars in the next 2-3 years. I am very pleased that the Government of Azerbaijan is also taking this issue seriously, and it is expected that legislation related to this will be adopted in the near future," he added.

 

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