Resolving Islamic finance disputes through arbitration in the Middle East

Research output: Chapter in Book / Conference PaperChapter

Abstract

During the past three decades, the Islamic Middle East has experienced rapid economic growth and become a significant player in the international commercial system. A growing interest has emerged in alternative forms of financial and economic institutions in different parts of the world due to commercial globalisation. The rapid development of commercial activity in the Islamic world has also led to a growing interest in laws and procedures regulating Islamic finance disputes, and the potential tension between the Western model of commercial arbitration and Islamic legal principles.
Original languageEnglish
Title of host publicationThe Growth of Islamic Finance and Banking: Innovation, Governance and Risk Mitigation
EditorsHussain Mohi-ud-Din Qadri, M. Ishaq Bhatti
Place of PublicationU.K.
PublisherRoutledge
Pages254-261
Number of pages8
ISBN (Electronic)9780429262432
ISBN (Print)9780367205881
DOIs
Publication statusPublished - 2020

Keywords

  • Middle East
  • dispute resolution (law)
  • finance (Islamic law)
  • international commercial arbitration

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