Halal cosmetics trend; London attracts Muslim shoppers; Dubai welcomes 19 million

February 13, 2026

Pulse of the Global Islamic Economy

Sha’ban 25, 1447 AH

Assalamualaikum,

In our editor’s pick, we look at how the halal cosmetic industry is using the power of social commerce and digital platforms to drive growth. 

Meanwhile, the London Muslim Shopping Festival 2026 brought together over 350 exhibitors and more than 30,000 visitors for a pre-Ramadan lifestyle event.

And finally, Dubai welcomed a record 19.59 million international tourists in 2025, representing a 5% year-over-year increase. 

Did you know?

Over the last couple of years, the Middle East and North Africa (MENA) region has moved towards the center of the global fintech market and is now home to more than 1,000 fintech companies, with multiple unicorns and growing capital inflows.

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