COVID-19 challenges and the role of Islamic Fintech
Book chapter
Sitara, K., Rabbani, M. R., Rashid, M. and Anwer, Z. 2022. COVID-19 challenges and the role of Islamic Fintech. in: Hassan, M. K., Rabbani, M. R. and Rashid, M. (ed.) FinTech in Islamic Financial Institutions Scope, Challenges, and Implications in Islamic Finance Cham Palgrave Macmillan. pp. 341-356
Authors | Sitara, K., Rabbani, M. R., Rashid, M. and Anwer, Z. |
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Editors | Hassan, M. K., Rabbani, M. R. and Rashid, M. |
Abstract | COVID-19 has created massive havoc to the global operations and business processes and the uncertain economic conditions have made the world think about the abrupt solutions to tackle the problem efficiently. Islamic fintech has provided the world with innovative solutions to overcome the devastating impact of this pandemic. Against this backdrop, this study aims to investigate the effective solutions provided by Islamic fintech in the post-COVID period. The study mainly opted for the qualitative framework to carry out its research and provide workable solutions to the world offered by Islamic fintech in the post-COVID era. Various technological innovations compatible with Islamic finance have initiated a great deal of competition with its long-lasting and sustainable impact on the growth of the economies. The COVID period, which is still going on, is marked by substantial growth and development followed by the fintech innovations to address the demands of the customers. This study is expected to play a key role in promoting the Islamic fintech solutions to overcome the economic hazards created by the coronavirus pandemic. |
Keywords | Islamic FinTech; Islamic finance; Islamic banking; COVID-19; Pandemic; Economic downfall |
Page range | 341-356 |
Year | 2022 |
Book title | FinTech in Islamic Financial Institutions Scope, Challenges, and Implications in Islamic Finance |
Publisher | Palgrave Macmillan |
Output status | Published |
Place of publication | Cham |
ISBN | 9783031149412 |
9783031149405 | |
Publication dates | |
Online | 30 Nov 2022 |
01 Dec 2022 | |
Publication process dates | |
Deposited | 23 May 2023 |
Digital Object Identifier (DOI) | https://doi.org/10.1007/978-3-031-14941-2_16 |
Official URL | https://link.springer.com/chapter/10.1007/978-3-031-14941-2_16 |
Related URL | https://doi.org/10.1007/978-3-031-14941-2 |
https://repository.canterbury.ac.uk/item/94q2x/covid-19-challenges-and-the-role-of-islamic-fintech
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