Dispute Resolution in Islamic Finance

Alternative to Litigation?

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Editor(s): 
Adnan Trakic, John Benson, Pervaiz K. Ahmed
Routledge Islamic Studies Series
  • New York, NY: 
    Routledge
    , February
     2019.
     196 pages.
     $140.00.
     Hardcover.
    ISBN
    9780815393313.
     For other formats: Link to Publisher's Website.

Description

Dispute Resolution in Islamic Finance addresses how best to handle disputes within Islamic finance. It examines how they can be resolved in a less confrontational manner and ensure such disagreements are settled in a just and fair way. 

There has been little focus on how disputes within Islamic finance are resolved. As a result, many of these disputes are resolved through litigation, notwithstanding that the various jurisdictions and court systems are generally poorly equipped to handle such matters. This book addresses this gap in our knowledge by focusing on five centres of Islamic finance: the United Kingdom, the United States of America, Malaysia, the Kingdom of Saudi Arabia and the United Arab Emirates. Before exploring these countries in detail, the book considers the issues of the choice of law within Islamic finance as well the prevailing forms of dispute resolution in this form of finance.  

The book brings together a group of leading scholars who are all specialists on the subject in the countries they examine. It is a key resource for students and researchers of Islamic finance, and aimed at lawyers, finance professionals, industry practitioners, consultancy firms, and academics.

About the Author(s)/Editor(s)/Translator(s): 

Adnan Trakic is Senior Lecturer with the School of Business, Monash University Malaysia.

John Benson is Professor and Head of the School of Business at Monash University Malaysia and an Adjunct Professor in the Department of Management, Monash Business School at Monash University Australia.

Pervaiz K. Ahmed is Professor of Management at the School of Business, Monash University Malaysia.

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