Since the pandemic started, everyone wants flexibility with work, which, if anything, is helping to empower these workers.”
In the UK earlier this year, the Supreme Court ruled that Uber drivers were not independent contractors, forcing the company to pay workers at least minimum wage, holiday pay, and other benefits traditionally afforded to employees. This is seen as a victory for gig workers who are taken advantage of by the larger organizations they work for, such as Lyft, InstaCart, DoorDash, GrubHub, and other companies with similar business models. The people who do the heavy lifting performing services for the company are not paid proportionately to their employer’s success.
Rahman recently completed his work with Kogod after a close partnership with Professor Ghiyath Nakshbendi, who specializes in Islamic finance, and Professor Caroline Bruckner, who has been releasing ground-breaking research on the gig economy since 2015. Rahman also collaborated with AU Center for Innovation director and Kogod professor Tommy White and many students in the AU Center for Innovation’s entrepreneurship incubator. Rahman encourages all young entrepreneurs to use social financing for their businesses as it is mutually beneficial between parties.
Rahman looks forward to presenting his research from the past semester to the Fulbright Commissions and furthering his research at business schools in Malaysia. “About 50 percent of the workforce in Malaysia is contracted or freelance workers,” Rahman says. “Islamic finance can be the answer to humanely supporting those individuals who support all of us. It can be the answer to shortfalls in the gig economy."