AAOIFI Forum on COVID-19 and Islamic Finance
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a virtual forum on the impact of the corona virus pandemic (COVID-19) on Islamic finance, as the UASA’s General Secretariat represented by the Secretary General participated in this forum.
The forum discussed the effects of the corona virus outbreak on global economies in general and Islamic finance in particular, as the forum stressed on the importance of reassessing Islamic financing opportunities by providing a solution to the economic crisis during and after the current crisis. The forum also discussed financial technology (FinTech) role in providing solutions to deal with the current crisis. A number of experts and specialists in the field of Islamic finance participated in this forum.