Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players

Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players

Over 280 million Southeast Asians, about 40% of the region’s population, identify as Muslim. That’s spawned demand for goods and services that cater to a more Islamic lifestyle. It’s more than just halal food: Muslim consumers also demand more modest fashion or cosmetics that don’t use pig-derived products or alcohol.  Even Southeast Asia’s finance sector is becoming more halal. Islamic finance in Southeast Asia totaled roughly $859 billion in 2…