The objective of this Element is to provide an overview of Islamic finance by highlighting the impact of the pandemic on it in a comprehensive manner by looking at two branches of Islamic finance: Islamic commercial finance; and Islamic social finance.
China registered double-digit GDP growth for more than three decades. Recently, the rate slowed down considerably. The slow growth period, which Chinese policymakers refer to as the 'new-normal', created enormous curiosity among scholars and policymakers. In particular, scholars often tend to project if China is destined to follow Japan's fate.