Author: Foster, Nicholas H.D.

Source: Arab Law Quarterly, Volume 21, Number 2, 2007 , pp. 170-188(19)

Publisher: BRILL

Abstract:

The recent growth in Islamic finance has drawn attention to the alleged "uncertainty" of the sharia, highlighted in 2004 by the Beximco case. On the institutional level, various organisations are addressing the issue; there are also "organic" tendencies towards standardisation. These phenomena are combining with others to form a new legal system, albeit one with particular characteristics.This system has matured sufficiently to merit categorisation as a separate field of study and practice: Islamic Finance Law.

Keywords: ISLAMIC FINANCE; ISLAMIC FINANCE LAW; LEGAL SYSTEM; STANDARDISATION

Document Type: Research article

DOI: http://dx.doi.org/10.1163/026805507X214433

Affiliations: 1: School of Law, School of Oriental and African Studies, University of London

Publication date: 2007-06-01

Related content

• In this: publication
• By this: publisher
• In this Subject: Religion ,  Law
• By this author: Foster, Nicholas H.D.

Website © Publishing Technology. Article copyright remains with the publisher, society or author(s) as specified within the article.

• Terms and conditions
• Privacy policy
• Information for advertisers