Published 17 July 2015
Is it possible for non-Muslims to arbitrate Islamic financial disputes? Islamic financial products and services are a multi-trillion dollars industry. Given the nonexistence of interest and other features, these products and services have become desirable investments globally. Yet, due to the emergence of this field, some concerns have arisen regarding the arbitration method that will be used to resolve Islamic financial disputes as a result of the interaction of the international commercial arbitration and Islamic law. Neither the literature reviews nor the arbitration precedents have addressed whether the appointment of non-Muslim individuals to arbitrate the Islamic financial disputes is valid. This paper examines this issue from the Islamic law perspective and reaches the right conclusion that appointing non-Muslim arbitrators is valid in Islamic financial disputes. In doing so, this paper will contribute to the existence literature reviews and the development of Islamic arbitration practices, which include the Islamic financial arbitration.