Resilience Revealed: Why Islamic Banks Outshone Rivals in Pandemic COVID-19 Storm
When COVID-19 hit global markets in early 2020, bank stocks plunged amid lockdowns, business closures, and economic uncertainty. Yet one group stood remarkably steady: Islamic banks. A study reveals these Shariah-compliant institutions delivered stock returns 10-13% higher than conventional banks during the crisis’s peak from December 2019 to March 2020. Across 426 banks in 48 … Continue reading Resilience Revealed: Why Islamic Banks Outshone Rivals in Pandemic COVID-19 Storm
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