![A visitor holds prayer beads while looking at financial information screens at the Dubai Financial Market (DFM) in Dubai, United Arab Emirates, on Tuesday, Nov. 10, 2015. Dubai's index declined for three straight months after a collapse in the price of crude battered economies in the oil-producing nations of the Gulf Cooperation Council. Photographer: Jasper Juinen/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/VO6AGMP3GPTC2PBDUOFYNFMHS4.jpg?smart=true&auth=23aff0c99c7f984f0d510e08cd0b1b2cb36b7a6edc4e6d86f164f131db267608&width=400&height=225)
Dubai has been positioning itself as the capital of the Islamic economy. Bloomberg
Dubai has been positioning itself as the capital of the Islamic economy. Bloomberg
The role of Islamic finance post-Covid
The Bank of England has correctly recognised that Islamic finance can contribute to the post-pandemic revival of the global economy