Abstract

Islamic finance arrangements are moving fast to counter not only the Islamic markets but also other non-Islamic countries. Due to the new features of such arrangements and the lack of established best practices in the current markets, Islamic finance arrangements are bound to encounter disputes throughout the Islamic finance application. Islamic finance disputes like other disputes could be settled by various mechanisms under both Shi'a jurisprudence and the legal system of Iran. However, due to the complexities and technical nature of the Islamic finance disputes, a particular ...