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Islamic Finance Law as an Emergent Legal System

Foster, Nicholas HD (2007) 'Islamic Finance Law as an Emergent Legal System.' Arab Law Quarterly, 21 (2). pp. 170-188.

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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.

Item Type: Journal Article
SOAS Departments & Centres: Faculty of Law and Social Sciences > School of Law
ISSN: 02680556
DOI (Digital Object Identifier): 10.1163/026805507X214433
Depositing User: Nick Foster
Date Deposited: 14 Mar 2008 15:44
URI: http://eprints.soas.ac.uk/id/eprint/4402


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