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World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report

The world’s 1.9 billion Muslims spent the equivalent of $2 trillion in 2021 across the food, pharmaceutical, cosmetics, fashion, travel, and media/ recreation sectors, according to a report produced by Dinar Standard with the support of Dubai Economy and Tourism (DET) This spending reflects an 8.9 percent year-on-year growth from…

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