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Islamic Law and International Commercial Arbitration

Islamic Law and International Commercial Arbitration

Hardcover

Series: Islamic Law in Context

Business GeneralInvesting & FinanceGeneral Law

ISBN10: 1138604259
ISBN13: 9781138604254
Publisher: Routledge
Published: Oct 9 2018
Pages: 290
Weight: 1.30
Height: 0.90 Width: 6.30 Depth: 9.40
Language: English

This book examines the intersection between contemporary International Commercial Arbitration and Shariʿa law in order to determine possible tensions that may arise between the two systems. It develops evidentiary and procedural rules under Shariʿa, as well as examining the consequences of stipulating qualifications of arbitrators based on gender and/or religion. The author extensively analyses the prohibition against interest (riba) and uncertainty (gharar) under Shariʿa and its impact on arbitration agreements, arbitral awards and public policy. The book also explores the prohibition against riba in light of international conventions, such as the United Nations Convention on Contracts for the International Sale of Goods. Case studies in the book include the Asian International Arbitration Centre, formerly the Kuala Lumpur Regional Centre for Arbitration, and the International Islamic Centre for Reconciliation and Arbitration, as well as the 'Shari'a Standards' developed by the Accounting and Auditing Organization for Islamic Financial Institutions.

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Bhatti, Maria

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