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Light-matter interaction is one of the key routes to understanding and manipulating geometric and electronic behaviors of materials, especially two-dimensional materials which are optically accessible owing to their high surface to volume ratio. In the current work we focus on the recently discovered two-dimensional sliding ferroelectric materials, in which the out-of-plane electric polarization can be switched with a small horizontal translation in one layer. Combining symmetry analysis and first-principles calculations, we predict that light illumination could inject non-equilibrium magnetic moments into the sliding ferroelectrics. Such magnetic moment is composed of both spin and orbital degrees of freedom contributions. We use $\mathrm{ZrI}_2$, $\mathrm{WTe}_2$, and $\mathrm{MoS}_2$ bilayer ferroelectrics to illustrate our theory. Under intermediate light illumination, one can yield non-equilibrium magnetic moments on the order of $0.1-1$ $μ_B$ in these systems, which also depends on the polarization nature of incident light. Furthermore, we show that such photo-injected magnetism changes its sign when the sliding dipole moment switches. This photo-magnetization can be detected by magneto-optical methods (such as Kerr or Faraday effect), which serves as an indicator of sliding ferroelectricity. Hence, one can use an all-optical pump and probe setup to measure and detect the subtle sliding ferroelectric phase.