THE ADJUDICATION OF ISLAMIC FINANCE CASES: THE UK EXPERIENCE (ISRA-TR REPORT 2016)

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Year: 2016


The legal system of a country generally consists of the judicial system, the executive, and the legislature. Add to these the legal professions; all are important considerations when it comes to Islamic financial transactions. These components underlie the application and enforceability of the Shariah, with the elements of the legal system varying from jurisdiction to jurisdiction. The United Kingdom has three separate legal systems governing three jurisdictions: England and Wales, Scotland, and Northern Ireland. This article will cover the position in England and Wales.

 

Source:

 

ISRA THOMSON REUTERS ISLAMIC COMMERCIAL LAW REPORT 2016 (Pg 130 - 132)


 

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