West’s Zakat dilemma; Saudi-Pak alliance; Muslim women travel

October 09, 2025

Pulse of the Global Islamic Economy

Rabi ‘ll 17, 1447 AH

Assalamualaikum,

Western charities are waking up to the untapped potential of Zakat as a structured, year-round channel for impact. Yet, despite generous Muslim donors and billions in annual giving, many organizations remain slow to establish the governance, Shariah oversight, and communication frameworks necessary to make it work. 

Meanwhile, Saudi Arabia and Pakistan’s landmark defense pact marks a new era of Muslim world security, pledging mutual protection and setting a model for future Gulf alliances amid rising regional tensions.

Finally, a wave of Muslim women-led travel movements is redefining tourism, turning adventure into empowerment. 

SGIE 2024/25 Malaysia Launch:

DinarStandard will officially launch the State of the Global Islamic Economy (SGIE) Report 2025 at the World Zakat & Waqf Forum (WZWF) at the Hikmah Exchange Event Centre in Kuching, Malaysia, on 13 October 2025.

At the Malaysia launch, Norhariti Jalil, Partner at DinarStandard, will officially launch the report alongside The Right Honourable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari bin Tun Abang Haji Openg, Premier of Sarawak. Rionovel Mare, Senior Consultant at DinarStandard, will present key findings and lead a panel discussion on advancing the halal economy globally.

The SGIE report 2024/25 has been produced in partnership with SalaamGateway.com. The report’s Thought Leadership Partner is the Islamic Development Bank Institute (IsDBI), and its Global Strategic Partner is the Islamic Food and Nutrition Council of America (IFANCA). LSEG Data & Analytics serves as the Islamic Finance Data Partner, while Duopharma is the Bronze Partner. Stay tuned for insights from the SGIE 2025 Malaysia launch.

Did you know?

Only 14% of UK Muslims — around 370,000 people — currently give Zakat to secular organisations, yet nearly half say they would if the impact were clearer, revealing a major opportunity for charities to better engage Muslim donors.

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