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 language | English |
|---|---|
| Title of host publication | The Growth of Islamic Finance and Banking: Innovation, Governance and Risk Mitigation |
| Editors | Hussain Mohi-ud-Din Qadri, M. Ishaq Bhatti |
| Place of Publication | U.K. |
| Publisher | Routledge |
| Pages | 254-261 |
| Number of pages | 8 |
| ISBN (Electronic) | 9780429262432 |
| ISBN (Print) | 9780367205881 |
| DOIs | |
| Publication status | Published - 2020 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty -
SDG 8 Decent Work and Economic Growth -
SDG 9 Industry, Innovation, and Infrastructure
Keywords
- Middle East
- dispute resolution (law)
- finance (Islamic law)
- international commercial arbitration
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