Using a sample of 421 banks from 17 countries, we find that lending growth of Islamic banks and conventional banks decreased during the initial phase of the COVID-19 crisis. However, the decrease is significant for conventional banks only. In fact, credit growth for Islamic banks grew around...

Using a sample of 421 banks from 17 countries, we find that lending growth of Islamic banks and conventional banks decreased during the initial phase of the COVID-19 crisis. However, the decrease is significant for conventional banks only. In fact, credit growth for Islamic banks grew around...