INTERNATIONAL STANDARDS AND TRIBUNALS BEING DEVELOPED TO SOLVE ISLAMIC FINANCE DISPUTES
May 27th, 2022
International legal arbitration systems and judicial standards are emerging to help solve complex Islamic finance disputes, while national judicial and informal dispute resolution systems continue to develop – in civil and religious law institutions.
Informal dispute resolution processes can, of course, resolve disagreements without recourse to the payment of damage and potentially without damaging valuable reputations.
And avoiding litigation can pay dividends in Islamic finance. Developers of Islamic financial services face jurisprudential complexities ...
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