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COVID-19 and Islamic Social Finance
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COVID-19 and Islamic Social Finance

by M. Kabir Hassan, Aishath Muneeza, Adel M. Sarea
Edition: 1st Edition 2022
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Product Details:

Format: Paperback
Pages: 264 pages
Publisher: Routledge
Language: English
ISBN: 9780367639945
Dimensions: 24.00 X 3.00 X 17.00
Publisher Code: 9780367639945
Date Added: 2022-11-10
Search Category: International
Jurisdiction: International

Overview:

It is said that the COVID-19 pandemic has turned back the poverty clock. As such, there is a need to have social mechanisms put in place to provide relief to those who are affected in this regard. Islamic social finance consists of tools and institutions that could be used to alleviate poverty.

This book explores the impact of COVID-19 on Islamic finance to better understand the effectiveness of Islamic social finance in helping those who have been affected by poverty overnight due to the halt in all major economic activities in the context of the pandemic. Since the struggle against poverty in each country will be different, the book attempts to shed light on the experiences of different countries by presenting successful models of Islamic social finance.

The book first looks at poverty and COVID-19 before delving into the role of Islamic social financial institutions and how they have risen against COVID-19. The book concludes by examining the impact of COVID-19 on Islamic microfinance. This book is the first of its kind on the subject of COVID-19, and it intends to bridge the gap in the literature.

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