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dc.contributor.authorChachi, A.
dc.date.accessioned2022-03-04T19:12:35Z
dc.date.available2022-03-04T19:12:35Z
dc.date.issued2021
dc.identifier.issn1018-7383
dc.identifier.urihttps://doi.org/10.4197/Islec.34-1.9
dc.identifier.urihttps://hdl.handle.net/20.500.12436/3250
dc.description.abstractThis paper is a critical response to the lead paper of the discussion forum entitled “The World Economy and Islamic Economics in the Time of COVID-19”, written by Benamraoui (2021). Benamraoui (2021) looked at the COVID-19 pandemic from the economic perspective. He pointed out that it has brought unprecedented challenges to the world economy, that have never been experienced before, including a sharp decline in economic output and substantial increase in the level of unemployment. He suggested that Islamic finance could provide solutions to reduce the impact of the pandemic. This paper argues that, it is true that COVID-19 has negatively affected the world economy in an unprecedented way. However, this is a global crisis like many other global crises that have battered the world before, and it will soon be over. This paper also argues that one should not overlook the other side of the coin, as many studies, articles, and blogs are coming up, showing some of the positive effects of COVID-19. This paper also argues that even though the suggested Islamic solution could help in reducing the negative impact of COVID-19, but the problem is, who is going to implement it? Even some Muslim countries may not apply it, waiting for a solution to come from the West. © 2021. All Rights Reserved.en_US
dc.language.isoengen_US
dc.publisherKing Abdulaziz University Scientific Publishing Centeren_US
dc.relation.ispartofJournal of King Abdulaziz University, Islamic Economicsen_US
dc.identifier.doi10.4197/Islec.34-1.9
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectCOVID-19en_US
dc.subjectIslamic financeen_US
dc.subjectNegative impacten_US
dc.subjectPositive impacten_US
dc.titleThe World Economy and Islamic Economics in the Time of COVID-19: Few Remarks and Observationsen_US
dc.typearticleen_US
dc.departmentİZÜen_US
dc.identifier.volume34en_US
dc.identifier.issue1en_US
dc.identifier.startpage125en_US
dc.identifier.endpage131en_US
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.institutionauthorChachi, A.
dc.department-tempChachi, A., Assistant Professor, Department of Islamic Economics and Finance, Istanbul Sabahattin Zaim University, Istanbul, Turkeyen_US
dc.authorscopusid23476456700
dc.identifier.scopus2-s2.0-85102803287en_US


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