← AtlasARE / country lens
Country story
United Arab Emirates
The UAE combines dedicated Islamic institutions and Islamic windows within a federally supervised financial system.
The Central Bank’s Higher Sharīʿah Authority sets standards and oversees internal Sharīʿah supervisory committees.
The Central Bank’s Higher Sharīʿah Authority sets standards and oversees internal Sharīʿah supervisory committees.
The UAE shows a highly financialised regional hub in which centralised governance and market expansion develop together.
Standardisation can strengthen institutional coherence while leaving sectoral allocation and ownership concentration open to investigation.
The 2022 manufacturing value conflicts within the private workbooks and is withheld from research-workbook validation.
Descriptive comparison
Manufacturing value added
Latest available year: 2023.
United Arab Emirates
View chart data
| Series | Year | Manufacturing value added (% of GDP) | Source note |
|---|---|---|---|
| United Arab Emirates · 2010 | 2,010 | 8.27 | Authorised country-level annual series |
| United Arab Emirates · 2011 | 2,011 | 7.97 | Authorised country-level annual series |
| United Arab Emirates · 2012 | 2,012 | 7.92 | Authorised country-level annual series |
| United Arab Emirates · 2013 | 2,013 | 7.74 | Authorised country-level annual series |
| United Arab Emirates · 2014 | 2,014 | 7.91 | Authorised country-level annual series |
| United Arab Emirates · 2015 | 2,015 | 8.89 | Authorised country-level annual series |
| United Arab Emirates · 2016 | 2,016 | 9.02 | Authorised country-level annual series |
| United Arab Emirates · 2017 | 2,017 | 9.08 | Authorised country-level annual series |
| United Arab Emirates · 2018 | 2,018 | 8.65 | Authorised country-level annual series |
| United Arab Emirates · 2019 | 2,019 | 8.54 | Authorised country-level annual series |
| United Arab Emirates · 2020 | 2,020 | 10.07 | Authorised country-level annual series |
| United Arab Emirates · 2021 | 2,021 | 9.83 | Authorised country-level annual series |
| United Arab Emirates · 2022 | 2,022 | 9.65 | Authorised country-level annual series |
| United Arab Emirates · 2023 | 2,023 | 10.67 | Authorised country-level annual series |
What this visual showsA verified country trajectory in the measure’s stated unit.
What it does not establishA causal effect of Islamic finance on the observed outcome.
Descriptive comparison
Financing directed towards FIRE-related activities
Country-year medians by bank type. Each point reports its covered-bank count.
FIRE ordinarily refers to finance, insurance and real estate. Here the measure is broader: it captures bank financing reported for financial institutions, insurance, real estate and consumer-durable activities. It is used as a proxy for firm-level financialisation. The measure does not imply that every underlying financing claim is speculative, harmful or unproductive. It is a sectoral-allocation proxy and a level measure that is sensitive to bank size.
IslamicConventional
View chart data
| Series | Year | Logged FIRE-related financing volume (natural log) (natural-log units) | Source note |
|---|---|---|---|
| Islamic · 2000 | 2,000 | 20.83 | 2 covered banks |
| Islamic · 2001 | 2,001 | 21.04 | 2 covered banks |
| Conventional · 2002 | 2,002 | 27.85 | 1 covered bank |
| Islamic · 2002 | 2,002 | 21.15 | 2 covered banks |
| Conventional · 2003 | 2,003 | 25.8 | 5 covered banks |
| Islamic · 2003 | 2,003 | 21.05 | 2 covered banks |
| Conventional · 2004 | 2,004 | 25.78 | 9 covered banks |
| Islamic · 2004 | 2,004 | 21.38 | 2 covered banks |
| Conventional · 2005 | 2,005 | 25.79 | 8 covered banks |
| Islamic · 2005 | 2,005 | 22.07 | 2 covered banks |
| Conventional · 2006 | 2,006 | 26.48 | 9 covered banks |
| Islamic · 2006 | 2,006 | 22.49 | 2 covered banks |
| Conventional · 2007 | 2,007 | 26.9 | 9 covered banks |
| Islamic · 2007 | 2,007 | 22 | 4 covered banks |
| Conventional · 2008 | 2,008 | 26.84 | 10 covered banks |
| Islamic · 2008 | 2,008 | 22.52 | 4 covered banks |
| Conventional · 2009 | 2,009 | 25.82 | 5 covered banks |
| Islamic · 2009 | 2,009 | 22.7 | 4 covered banks |
| Conventional · 2010 | 2,010 | 27.47 | 6 covered banks |
| Islamic · 2010 | 2,010 | 21.86 | 4 covered banks |
| Conventional · 2011 | 2,011 | 25.7 | 4 covered banks |
| Islamic · 2011 | 2,011 | 22.04 | 5 covered banks |
| Conventional · 2012 | 2,012 | 25.66 | 4 covered banks |
| Islamic · 2012 | 2,012 | 22.09 | 5 covered banks |
| Conventional · 2013 | 2,013 | 28.11 | 12 covered banks |
| Islamic · 2013 | 2,013 | 22.22 | 5 covered banks |
| Conventional · 2014 | 2,014 | 28.07 | 13 covered banks |
| Islamic · 2014 | 2,014 | 22.42 | 5 covered banks |
| Conventional · 2015 | 2,015 | 28.26 | 14 covered banks |
| Islamic · 2015 | 2,015 | 22.63 | 5 covered banks |
| Conventional · 2016 | 2,016 | 28.19 | 14 covered banks |
| Islamic · 2016 | 2,016 | 22.68 | 5 covered banks |
| Conventional · 2017 | 2,017 | 28.22 | 13 covered banks |
| Islamic · 2017 | 2,017 | 22.59 | 5 covered banks |
| Conventional · 2018 | 2,018 | 28.24 | 14 covered banks |
| Islamic · 2018 | 2,018 | 22.65 | 5 covered banks |
| Conventional · 2019 | 2,019 | 28.42 | 14 covered banks |
| Islamic · 2019 | 2,019 | 22.69 | 5 covered banks |
| Conventional · 2020 | 2,020 | 28.29 | 14 covered banks |
| Islamic · 2020 | 2,020 | 22.78 | 5 covered banks |
| Conventional · 2021 | 2,021 | 28.03 | 14 covered banks |
| Islamic · 2021 | 2,021 | 22.85 | 5 covered banks |
| Conventional · 2022 | 2,022 | 27.97 | 13 covered banks |
| Islamic · 2022 | 2,022 | 22.91 | 5 covered banks |
What this visual showsDescriptive median logged volumes among covered banks.
What it does not establishA bank-size-adjusted or causal difference between bank types.
Institutional sources