Islamic Finance in OIC Countries and Sustainability
Article from: TDM 6 (2022), in Islamic Finance
Abstract
This paper examines the role that Islamic finance can play in addressing the challenges created by the Covid-19 pandemic and in getting Organization of Islamic Cooperation (OIC) countries back on track to meet the SDGs. It draws on the heightened interest and the greater attention that Islamic finance has received since the global financial crisis (GFC). The Islamic Financial Industry has evolved greatly within the past decade and has witnessed rapid growth, driven by enhanced Shari'a governance and more innovation in the digital landscape especially with the adoption of fintech. Several ...