The Global Financial Crisis: Can Islamic Finance Help? الأزمة المالية العالمية: هل يساعد التمويل الإسلامي؟

Mohammad Umer Chapra ()
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Mohammad Umer Chapra: Research Adviser at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB).

Chapter 2 in Issues in the International Financial Crisis from an Islamic Perspective-05 قضايا في الأزمة المالية العالمية من منظور إسلامي, 2009, pp 11-18 from King Abdulaziz University, Islamic Economics Institute.

Abstract: The whole world is now in the grip of a financial crisis which is far more serious than any experienced since the Great Depression. In spite of more than three trillion dollars of bailout and liquidity injections by a number of industrial countries, the crisis is showing no signs of abating. There is, hence, a call for a new architecture that would help minimize the frequency and severity of such a crisis in the future.

Date: 2009
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