How can Islamic finance support Syria’s post-conflict recovery?
As Syria emerges from a 14-year-long conflict that has decimated its economic and social structure, the country continues to face several challenges.
A precarious security situation, damaged infrastructure and institutions hollowed out by years of corruption and international sanctions have dealt a serious blow to its economic progress.
Yet amid the devastation, there are modest signs of change. A new administration has emerged, signalling an interest in trade and investment, and with a population of around 25 million, of which Muslims form an overwhelming majority - Islamic finance could play a meaningful role in the country’s growth.
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Hassan Jivraj