Shari'a Law in Commercial and Banking Arbitration: Law and Practice in Saudi Arabia
This book provides an analysis of how commercial and banking disputes can be settled under the Islamic regime for arbitration. The work focuses on the Saudi legal system as representative of Shari'a law in commercial and banking arbitration, and where relevant, makes comparisons with the settlement of banking disputes in Egypt and the UAE.
Shari'a Law in Commercial and Banking Arbitration provides a general introduction to the Saudi law and to the main principles and sources of Islamic Shari'a, on which Saudi law is based. It explores uncertainties resulting from the current system, such as the payment of interest, and examines possible alternative remedies for both domestic and international banking arbitration. It will be key reading for anyone interested in business and commercial law.
Contents: Introduction; An introduction to the law and economics of Saudi Arabia; The law and practice of arbitration in Arabia from the pre-Islamic era to the emergence of the four schools of jurisprudence; Arbitration in the fully developed Islamic Law; The regulatory attitude toward arbitration in Saudi Arabia; Saudi law as Lex Arbitri: evaluation of Saudi arbitration law and judicial practice; Arbitration for the settlement of banking disputes in Saudi Arabia; Bibliography; Index.
|Publisher:||Ashgate Publishing Ltd|