[1][2] There are participation banks in Turkey, Pakistan, Bangladesh, Indonesia, Saudi Arabia, Malaysia, the UAE and other Gulf countries.
Also, Turkey, Pakistan, Bangladesh, and Indonesia stand as the leading countries[clarification needed] among the participation banks.
[3] Saudi Arabia, the UAE and Malaysia are the three largest participation banking markets, in terms of assets.
[4] Iran has 36% of the worldwide assets of the participation banks, Malaysia has 17%, Saudi Arabia has 14% and Turkey has 3.1% of the[clarification needed] market share.
[citation needed] According to Ernst & Young, the assets of global participation banking reached US $930 billion in 2015, with growth rates declining across all regions compared to previous years.