COVID-19 has disrupted the lives of millions of people and the scale of its impact is unlike anything anyone has ever seen before. Discussions have been taking place all around the world on what steps should be taken next but there seems to be a general consensus that things will not revert back to normal and there will instead be a new normal or modus operandi. While there is no denying that there are devastating consequences to this crisis, some might argue that there are silver linings in the midst of all this as the pandemic has forced us to relook at the way things are being done and challenge the status quo to change things for the better. For example, people are questioning whether the creation of debt is something that we should continue to do. Additionally, concepts and solutions that were previously disregarded because they had the term ‘Islamic’ in them are now being re-examined and people are willing to listen.

In this episode, Umar Munshi, Co-Founder and Group Managing Director of Ethis Global interviews Daud Vicary, the Managing Director of DVA Consulting Sdn. Bhd and partner for Gateway Global, a leading Shariah-compliant professional advisory firm. Daud is the former President and Chief Executive Officer of INCEIF, the Global University of Islamic Finance. He is active in advisory around financial services, Islamic Finance, entrepreneurship, social impact finance, and education. A frequent speaker and commentator on matters relating to Islamic finance, he has co-authored a book on Islamic finance entitled “Islamic Finance: Why it makes sense”. They will discuss the impact that COVID-19 has had on our society and norms, ‘new’ solutions that people are now re-examining, changes in Islamic social finance, how we should look at the future and Daud’s advice to young people.

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