The Global Muslim economy is entering a new phase of influence. In 2022, Muslim consumer spending reached USD 2.29 trillion, driven by growth in halal food, pharmaceuticals, modest fashion, travel, and media. Islamic finance assets stood at USD 4.5 trillion and are projected to exceed USD 6.7 trillion by 2027. With a global population of 1.9 billion and rising, Muslims represent one of the most important demographic and economic forces worldwide.

In response, the Global Muslim Business Forum (GMBF) was established in 2022 by the KSI Strategic Institute, the Islamic Chamber of Commerce, and Development (ICCD), and Global One, a UK-based UN-accredited NGO. After successful editions in Kuala Lumpur and Kuching, Sarawak, the 2025 Forum will again be hosted in Kuala Lumpur.

As one of the most dynamic economies in the Muslim world, Malaysia has become a convenor of economic transformation, leading platforms in Islamic finance, trade, and thought leadership. Serving as ASEAN Chair in 2025, Malaysia bridges East and West, from the OIC and the Gulf to China and the United States, reinforcing its role in shaping cooperation for regional and global stability.

The choice of Kuala Lumpur underscores its status as a modern capital and financial hub. With leading institutions in Islamic finance, trade, and innovation, it offers the ideal platform for dialogue, partnership, and sustainable development. Its connectivity and infrastructure make it a natural venue to showcase collaboration across the OIC and beyond.

AIMS AND OBJECTIVES

To bridge the Muslim world by forging stronger connections and partnerships, particularly in the Middle East, Asia and the rest of the world.

To encourage value-based result-oriented initiatives and programmes for social and economic impact for upliftment of poverty, and the promotion of social entrepreneurship and business endeavours.

To promote investment in Muslim countries by exploring new growth opportunities and unlocking the full potential of untapped resources and markets.

To be the hub of Islamic knowledge for governments, private sector and civil society in the Muslim world and beyond.

To advance the Green Economy and partnerships for Climate Action, Green Technology and Innovation for the preservation of the planet earth as a habitat for humans.

To advance partnership for sustainable development with inclusiveness to and ensure no one is left or lags behind.

PROGRAMME

This year, the Forum will highlight the latest developments in the Islamic economy and provides indicators of opportunity for governments, businesses, and investors to steer a clearer course in a turbulent world. It will also provide insights into the opportunities and challenges for the global Islamic economy in the upcoming period and to spotlight latest trends, policy developments and learning experiences. It will also focus on Innovation, Technology and Transformation as key drivers of the Islamic economy

EVENT SPONSORS AND PARTNERS

GALLERY

VIDEO HIGHLIGHTS