United Arab Emirates
In a recent UK case, a Shari’ah-compliant finance house argued that an agreement it had entered into, and approved, was non-Shari’ah compliant. Whilst the court’s decision in that matter might be limited in scope, Denton Wilde Sapte lawyers say the very fact the defence was raised is likely to cause unease for parties to future Islamic finance transactions.
To download the full Asian-Counsel Special Report click here
IN-HOUSE OPINION: If you are an in-house counsel and you have a comment or an opinion you’d like to share either on this article or its subject matter, contact us at: inhouse@pbpress.com with the article title in the subject line, stating clearly if you wish your comments to remain ‘Private’ or ‘Anonymous’.
Latest Updates
Related Articles
Related Articles by Jurisdiction
Andrew Cooke
We speak to the head of strategy and general counsel for Flash Entertainment, and our In-House Community Counsel of the Year, about running an in-house legal team and his outlook for the profession ...
End of Service Gratuity
End of Service Gratuity (Gratuity) is a statutory severance pay across most Middle Eastern jurisdictions and one which ...
Significant precedents from the DIFC courts
Afridi & Angell successfully defended an anti-suit injunction, an application to exclude evidence and obtained a document production order.
Latest Articles
