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Towards a Post-Covid Global Financial System - Lessons in Social Responsibility from Islamic Finance (Hardcover)
Loot Price: R2,806
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Towards a Post-Covid Global Financial System - Lessons in Social Responsibility from Islamic Finance (Hardcover)
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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.
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