Islamic Theory of Conflict of Commercial / Financial Law: A Proposition

A. Zahid
Zahid, Anowar

Article from: TDM 6 (2022), in Islamic Finance

Abstract

The parties to an international commercial/financial contract may choose a single law or a combination of laws like English law and Islamic law to settle their dispute that may arise therefrom. At the same time, they may choose a forum (law court or arbitral tribunal) belonging to an Islamic jurisdiction. Such a choice of law and forum deserve a theoretical inquiry from Islamic perspective since it gives rise to two important issues. First, if the choice is a single secular law and it conflicts with Shari'ah law in full or in part, then how the forum will reconcile the conflicts. It has ...

To read this article you need to be a subscriber

Sign in

Forgot password?

Sign in

Subscribe

Fill in the registration form and answer a few simple questions to receive a quote.

Subscribe now

Why subscribe?

TDM journal

Access to TDM Journal articles (well over 2500 articles in total for Premium account holders)

Legal & regulatory

Access to Legal & Regulatory data (well over 10000 documents)

OGEMID

OGEMID membership (lively discussion platform bringing together the world's international dispute management community)

Suggested Citation

A. Zahid; "Islamic Theory of Conflict of Commercial / Financial Law: A Proposition"
TDM 6 (2022), www.transnational-dispute-management.com

URL: www.transnational-dispute-management.com/article.asp?key=2957