Islamic Fashion Is A Booming Industry

By Jasmine Roziers

The big players in the Islamic fashion industry predict that the fashion business for Muslims will increase severely. The Islamic fashion industry was the key piece to the missing, yet booming fashion industry. According to the Saudi Gazette, the spending rate of Muslims spend on fashion will increase to a whooping $322 billion by the year 2018. The Saudi Gazette also reports that, "Globally, spending on clothing and footwear reached about $2.1 trillion in 2012 and this figure is expected to reach $2.9 trillion by 2018. Spending by the Muslim population is expected to grow from $224 billion in 2012 to $322 billion by 2018, comprising about 11.2 percent of the global spending, the report noted." The big spending countries are Turkey, Saudi Arabia, Egypt and the United Arab Emirates, as of 2012. Thanks to the internet and social media, the world has become a smaller place with the spread of ideas and business being more accessible. With all this being considered, more Muslims can support Islamic businesses. This includes, fashion and footwear.