Given the growing trend of unique products and services that are catering to the large 1.6 billion Muslim population, there is a distinct lack of a comprehensive view of the existing Islamic economic landscape as well as its future potentials and opportunities. The State of the Global Islamic Economy 2013 Report fills this gap and was exclusively released as part of the Global Islamic Economy Summit 2013. The Report has been produced by Thomson Reutersin collaboration with DinarStandard (Author/ lead research.) In aggregate, Muslim consumer expenditure globally on food and lifestyle sectors (travel, clothing, pharma/ personal care, media/ recreation) is being estimated by this Report to be $1.62 trillion in 2012 and expected to reach $2.47 trillion by 2018. This forms the potential core market for Halal food & lifestyle sectors.
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