M. Kabir Hassan (University of New Orleans, USA), Aishath Muneeza (International Centre for Education in Islamic Finance
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...
The impact of COVID-19 has exposed major cracks in the global financial system and has severely undermined global financial stability. Never have the ...