Photo for illustrative purposes only. Three Iranian flags at the Azadi Tower in Tehran on Oct 25, 2016. Kanisorn Pringthongfoo/Shutterstock

Islamic Finance

The severity and magnitude of the impact of the coronavirus crisis on the Islamic financial industry in Iran


This article is a chapter out of the e-book, "Impacts of the COVID-19 outbreak on Islamic finance in the OIC countries" that is available as a pdf download from HERE. Read the article in the e-book for the complete set of tables, charts and references. 


 

The novel coronavirus COVID-19 that was first reported in the Chinese city of Wuhan in December 2019 arrived in Iran on February 20, 2020. The crisis is hitting Iran’s economy in the short-term and in the medium-term by creating shocks in demand and supply.

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tags:

COVID-19
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Hojjat Izadkhasti