Guest editorial: The impact of the COVID-19 pandemic on Islamic finance and environmental, social and corporate governance (ESG)

Hassan, Kabir M. and Saba, Irum and Shaikh, Salman Ahmed (2024) Guest editorial: The impact of the COVID-19 pandemic on Islamic finance and environmental, social and corporate governance (ESG). Journal of Economic and Administrative Sciences, 40 (4). pp. 721-724. ISSN 2054-6238 E-ISSN 2054-6246

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Abstract

While there are significant differences in resiliency and performance between Islamic banks and conventional banks – where Islamic financial institutions have shown positive results in some studies – there is evidence that these institutions must further develop instruments and governance that align themselves with sustainable development goals and greener economy. Trends in global economies and markets favor ESG screening and strict governance with relevant disclosure. If Islamic financial institutions can outpace conventional institutions in such regards, it can mitigate uncertainty risks in future shocks based on what we have seen in the aftermath of the COVID-19 shock.

Item Type:	Article (Editorial)
Uncontrolled Keywords:	COVID-19, Global Economy, Economic Crisis, Shocks
Subjects:	BPH Islamic Economics > BPH104 Islam and poverty K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh > KBP490 Furūʻ al-fiqh. Substantive law. Branches of law. > KBP3709 Government measures in time of war, national emergency, or economic crisis
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Kulliyyah of Economics and Management Sciences > Department of Economics
Depositing User:	Dr. Salman Ahmed Shaikh
Date Deposited:	09 Jan 2025 17:13
Last Modified:	09 Jan 2025 17:13
URI:	http://irep.iium.edu.my/id/eprint/117640

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