Title: COVID-19 and its impact on supply chain financing and the role of Islamic fintech: evidence from GCC countries

Authors: Mustafa Raza Rabbani

Addresses: College of Business Administration, University of Khorfakkan, Sharjah, UAE

Abstract: The present study analyses the COVID-19 situation in five GCC countries namely, Bahrain, Saudi Arabia, UAE, Oman and Kuwait and its impact on supply chain financing. All these oil rich countries are already severely affected by this pandemic and have taken several measures to control the spread of the virus from lockdown to social distancing and consequently resulted into the massive disruption in the supply chain financing. The study uses discourse analysis to analyse the COVID-19 situation in these countries and concludes that there is a need to design a long-term strategy with the increased role of financial technology (fintech) that includes every section of the society in post COVID-19 measures. The study also proposes a sharia compliant Islamic fintech model for supply chain financing to help in recovery post COVID-19 pandemic.

Keywords: COVID-19; Islamic finance; fintech; economic policy; stimulus package; supply chain finance; GCC.

DOI: 10.1504/IJASM.2024.140396

International Journal of Agile Systems and Management, 2024 Vol.17 No.3, pp.269 - 291

Received: 26 Mar 2021
Accepted: 14 Oct 2021
Published online: 07 Aug 2024 *

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