Islamic Law and International Commercial Arbitration

Name: Islamic Law and International Commercial Arbitration
Brand: Taylor & Francis

Taylor & Francis

This book examines the intersection between contemporary International Commercial Arbitration and Shari\u02BFa law in order to determine possible tensions that may arise between the two systems. It develops evidentiary and procedural rules under Shari\u02BFa, as well as examining the consequences of stipulating qualifications of arbitrators based on gender and/or religion. The author extensively analyses the prohibition against interest (riba) and uncertainty (gharar) under Shari\u02BFa and its impact on arbitration agreements, arbitral awards and public policy. The book also explores the prohibition against riba in light of international conventions, such as the United Nations Convention on Contracts for the International Sale of Goods. Case studies in the book include the Asian International Arbitration Centre, formerly the Kuala Lumpur Regional Centre for Arbitration, and the International Islamic Centre for Reconciliation and Arbitration, as well as the \u2018Shari\u2019a Standar.