- Islamic Economy Newsletter
- Posts
- 245m Muslim traveler market; India’s GCC pivot; Colombia’s halal certification
245m Muslim traveler market; India’s GCC pivot; Colombia’s halal certification
Assalamualaikum,
Muslim-friendly travel, already a $216.9 billion market, is poised to double in size over the next five years, with global airlines eager to capture a slice of the pie. This week’s editor’s pick looks at the various ways airlines can hope to entice the 245 million Muslim market.
According to analysts, new US tariffs might prompt Indian exporters to redirect trade and production toward the GCC, where lower barriers and stronger logistics offer a more competitive alternative.
Meanwhile, Boursa Kuwait reported nearly 60% profit growth in the first three quarters of 2025, underscoring the impact of its capital market reforms.
And finally, Colombia has secured halal certification for its coffee and cocoa exports, a move many, including Colombian President Gustavo Petro, believe will open new access to Muslim-majority markets and help rural farmers diversify away from illicit crops.
Recommended reads:
In other news:
Did you know?
In 2024, 40% of adults in developing economies saved money in a financial account, a 16% increase since 2021 and the fastest rise in more than a decade.Your feedback matters:What did you think about today’s email? Your feedback is our guiding star to deliver top-notch content straight to your inbox. |




