Exploring The Impacts and Aftershocks of Covid-19 on Islamic Banking and Conventional Banking in Pakistan

Abstract

This paper examines main points of contention connected with the lead of money related strategy in nations with Islamic banks. It portrays the large-scale monetary foundation and money related arrangement systems in which Islamic banks ordinarily work and talks about the component of financial transmission in economies where Islamic and ordinary banks exist together. Most economies with Islamic banks likewise have regular banks, and this requires a complete way to deal with financial strategy. Simultaneously, a double money related strategy approach ought to be thought of in the event that the Islamic section of the monetary framework isn't generally so evolved as the traditional one. The record looks to reveal insight into possible overflows among customary and Islamic monetary frameworks and gives explicit suggestions on the best way to shape Islamic money related approach tasks and work with the exchange of assets through the Islamic monetary framework.