Economics of Islamic fashion Islamic fashion

moslema in style fashion show in kuala lumpur

today islamic fashion market still in development stage; however, according numbers provided global islamic economy indicator dynamics rapidly change: muslim consumers spent estimated $266bn on clothing in 2014, number projected grow $484bn 2019. despite fact figures show purchase of clothing cannot translated directly islamic fashion trend proves modest fashion industry flourishing.

furthermore, pew research predicts global population of muslims equal number of christians 2050; hence, purchasing power of young muslim customers steadily grow presents new opportunities both young designers , big fashion brands. seasonal profit famous companies dkny, hilfiger starting paying more attention observances ramadan when number of muslim consumers rockets. however, world-famous designers present collections whether in gulf states or online while omitting opportunities , growing demand presented in western countries expresses amani al-khatahtbeh, editor-in-chief of muslimgirl.net:

“what’s point of having these ramadan collections these huge brands , huge designers if they’re being made available people overseas aware of ramadan , inclusive of it? really, it’s here in u.s. or other western countries kind of visibility go long way.” - amani al-khatahtbeh, interview fortune, 15 july 2015

considering slow realization of emerging capacities global brands niche of islamic fashion market occupied middle eastern enterprises , start-ups. abdul rahman saif al ghurair, member of dubai islamic economy development centre board, said in interview bloomberg:

“the lack of global islamic clothing brands presents unique opportunity u.a.e. fashion designers.”

dubai, after opening design district, on way become islamic fashion capital global centre of islamic economy if being challenged turkish muslim clothing industry.