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...

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Arbitration: Challenging Awards

Challenging an award is a public policy debate, past and present, with discussions mandating risk process to foreign Contracting Parties under both systems. In medieval England, arbitration procedures and extra-judicial dispute resolutions were and remain largely unwritten. This lack of interest may be attributed to the deep rooted believe that legal changes in England are continuously developing...

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