Publication:
Towards a post-Covid global financial system lessons in social responsibility from Islamic finance
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Date
2022
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Abstract
The impact of Covid-19 has exposed major cracks in the global financial system and has severely undermined global financial stability. Never have the shortcomings of universal financialization - the dominant principle of the global financial system for the past thirty-odd years - been more obvious or more painful. Islamic finance provides ways forward: based on commercial and social modes of risk-sharing and financing, it offers radical structural solutions to the health, human and financial crises faced in this unprecedented time. In Towards a post-Covid global financial system lessons in social responsibility from Islamic finance, an international team of experts explore how Covid-19 has affected the most vulnerable parts of the global economy; how it has been met by Islamic banking and finance specifically; and how the principles of Islamic social finance could be used to have a fairer, more resilient Islamic finance system for all.
Keywords
Covid-19 , Islamic social finance , Zakat , Economic , Islamic finance , Poverty alleviation
Citation
Hassan, M. K., Muneeza, A., & Sarea, A. M. (Eds.). (2021). Towards a post-Covid global financial system lessons in social responsibility from Islamic finance. United Kingdom: Emerald Publishing Limited.
Publisher
Emerald Publishing Limited
Available in EBSCOHost eBooks (Call Number: HG 3368 A6 T737 2022 ebk)
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