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Photo: A young Syrian refugee holds blankets after a UNHCR distribution of core relief items at the flooded Informal settlement of Bar Elias in Beekaa Valley, on the second day of storm Norma. Photo supplied by UNHCR

Islamic Finance

Worldwide displacement requires global solutions - UNHCR


This article is sponsored by UNHCR. It was first published in the State of the Global Islamic Economy 2019/20 report produced by DinarStandard and supported by the Dubai Islamic Economy Development Centre. The report can be downloaded from here

Global displacement is at an all-time high. Across the globe, wars, violence and persecution continue to push record numbers of people from their home. UNHCR, the UN Refugee Agency estimates that an average of 37,000 people were uprooted from their homes every day in 2018.

We are living through turbulent times, and witnessing record numbers of people forced to run for their lives in search of safety, both within their own countries and across borders. By the close of 2018, 70.8 million people were displaced, this is a number larger than the population of the United Kingdom. Of them, 20.4 million are refugees under UNHCR’s mandate, nearly double what it was in 2012 when it stood at 10.5 million.

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Houssam Chahin, Regional Private Sector Partnerships Manager for MENA, UNHCR