سياسات التيسير الكمي في مواجهة آثار وباء (كوفيد-19)‎ : وجهة نظر إسلامية

Abstract EN

This research aims to contribute to the analysis and evaluation of quantitative easing policies pursued by many global and local central banks to face the remnants of financial and economic crises and turmoil, with a special focus on how Islamic countries can benefit from this policy through the proposal of some Islamic alternatives to it.

The research also deals with the expected scenarios for the future of the Corona pandemic.

The paper concludes that quantitative easing policies are unconventional monetary policies whose underpinnings are based on custom, convention, law and international agreements.

These policies are tools that may contribute to monetary stability when they adopt the principle of fairness in distribution.

The author sees that Islamic countries can resort to such policies if they have intra-international agreements among them.

Moreover, Islamic bonds or ṣukūk can constitute the bases for implementing these policies.