Islamic Finance Crucial in The Post COVID-19 Economic Recovery of Member Countries: IsDB

The 15th IsDB Global Forum on Islamic Finance was held on the 28th of August 2021. One of the main conclusions arrived at was the important role of Islamic finance in assisting countries to mobilise resources required for economic recovery and to help reduce poverty levels following the damage caused by the COVID-19 pandemic.

Why it Matters?

At the opening of the Forum, H E Dr Muhammad Al Jasser, President of the Islamic Development Bank (IsDB) and Chairman of the IsDB Group, stressed the need for countries and development partners to join together to identify solutions aimed at achieving sustainable recovery, with human development stalled and poverty worsened due to the pandemic. Dr Al Jasser stated that an important goal of the IsDB is human deve...