ISLAMIC FINANCIAL RESILIENCE: FACING ECONOMIC SHIFTS AND TECHNOLOGICAL DISRUPTION IN THE POST-PANDEMIC ERA

Abstract

This article examines the resilience of Islamic finance in the context of global economic shifts and technological disruption accelerated by the COVID-19 pandemic. The main objective of this study is to evaluate the extent to which Islamic finance can survive and adapt to rapid economic changes and technological impacts in the post-pandemic era. This research also aims to analyze the strategies and key factors that influence the resilience of Islamic finance in this evolving context. This research methodology uses a mixed approach that combines quantitative and qualitative analysis. Data was collected through surveys, document analysis, and interviews with Islamic finance industry practitioners. Statistical and thematic analysis were used to analyze the findings and gain a comprehensive understanding. The main findings of this study show that Islamic finance exhibits a relatively high level of resilience to post-pandemic economic shifts. The adoption of technology in Islamic financial institutions also has a positive impact on operational efficiency, although it poses challenges related to data security and sharia compliance. This article makes an important contribution in expanding the understanding of Islamic finance resilience in the post-pandemic era. The findings can assist practitioners, regulators and academics in developing relevant strategies to address the challenges and opportunities faced by Islamic finance in a rapidly changing global context