The Economic Procedures Adopted by the State of Qatar and their Impact on Confronting Novel Corona


July 28, 2020
The Economic Procedures Adopted by the State of Qatar and their Impact on Confronting Novel Corona
Ebrahim Hasan Gamal

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Issue

The study aims at knowing the economic procedures and incentives undertaken by the State of Qatar for negating the implications posed by the novel Corona crisis. The study also aims at analyzing the crisis’s impact on some of Qatar’s economic indicators with a reference to Islamic financial entities in Qatar and their adaptation of those procedures. The study followed a descriptive method for explaining the nature of the crisis and presenting some resolutions and procedures adopted by the state of Qatar, while the analytical method was followed for studying the impact on the economy after compiling the statistical data related to the period of study. The study found that the incentives and economic resolutions adopted by the State of Qatar are impactful in constraining the effects of the novel Corona crisis and Islamic finance entities were able to benefit from such incentive programs while preserving their uniqueness and financing norms. Keywords: Novel Corona, Covid-19, Economic Incentives, Islamic Finance, The State of Qatar.

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