Muslim

Arbitration in Muslim Sharia

Islamic Law (Sharia) on financial and contractual transactions is an integrated part of Sharia and is known as ‘Fiqh Al-Mouamalat’ which means jurisprudence of transactions.[1] Understanding Sharia has grown in importance for arbitration tribunals and institutions as assets of the Islamic finance sector reached approx $1-1.1 trillion. Institutions such as Goldman Sachs are looking to create...