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COVID-19 pandemic and 'Kita Jaga Kita': appraisal of social responsible practices of Islamic banking institutions in Malaysia

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Date
2022
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../../../../assets/images/goals/E_WEB_03.pngGoal 3
Abstract
The COVID-19 outbreak has caused unprecedented upheavals to the global economy at a scale never seen before in the history of humankind. While governments around the world grappled for the right panacea to address the socio-economic disruptions faced by their nations, the pandemic uncovered new outlook and opportunities. This inevitably compelled the global economies to revisit and reshape their thinking, re-prioritize, re-plan and start implementing initiatives that are more sustainable, resilient, and social in nature. In this regard, banking system plays a vital role in strengthening and sustaining the economy of a country. In doing so, it must ensure that it facilities and supports the recovery measures as announced by its respective government for the survival of the nation particularly the bottom sector of the society during this challenging time.
Keywords
COVID-19 , Islamic banking , Economy , Socio-economic , Malaysia
Citation
Kasri, N. S., & Ismail, S. F. A. (2022). COVID-19 pandemic and 'Kita Jaga Kita': Appraisal of social responsible practices of Islamic banking institutions in Malaysia. In T. Azid, M. Mukhlisin, & O. Altwijry (Eds.), Wealth management and investment in Islamic settings: opportunities and challenges (pp. 313-330). Springer.
Publisher
Springer
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