Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia
Islamic banking and finance have gained popularity all over the world. However, differences of opinions and understandings could trigger potential disputes and misunderstandings, even for the area of Islamic banking and finance. Some of the disputes as settled by resorting to litigation, while other...
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| Format: | Conference or Workshop Item |
| Language: | English |
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2012
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| Online Access: | https://repo.uum.edu.my/id/eprint/17207/1/7i.pdf |
| _version_ | 1825803836675063808 |
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| author | Md Nor, Mohd Zakhiri |
| author_facet | Md Nor, Mohd Zakhiri |
| author_sort | Md Nor, Mohd Zakhiri |
| collection | UUM |
| description | Islamic banking and finance have gained popularity all over the world. However, differences of opinions and understandings could trigger potential disputes and misunderstandings, even for the area of Islamic banking and finance. Some of the disputes as settled by resorting to litigation, while others are resorted to out-of-court settlements. Drawn from an ongoing research, this paper aims to highlight the cross-country analysis of the related dispute resolution frameworks between Malaysia and Saudi Arabia. The analysis is tackled along the lines of the background and the constitutional frameworks for each country, the respective dispute resolution structures, and analysis of selected cases on Islamic finance disputes. The paper concludes by describing the similarity and difference points of the dispute resolution of Islamic finance cases between the two countries, and also by suggesting directions for future research in this area. |
| first_indexed | 2024-07-04T06:04:30Z |
| format | Conference or Workshop Item |
| id | uum-17207 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:04:30Z |
| publishDate | 2012 |
| record_format | eprints |
| spelling | uum-172072016-02-24T07:58:13Z https://repo.uum.edu.my/id/eprint/17207/ Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia Md Nor, Mohd Zakhiri BP Islam. Bahaism. Theosophy, etc HG Finance Islamic banking and finance have gained popularity all over the world. However, differences of opinions and understandings could trigger potential disputes and misunderstandings, even for the area of Islamic banking and finance. Some of the disputes as settled by resorting to litigation, while others are resorted to out-of-court settlements. Drawn from an ongoing research, this paper aims to highlight the cross-country analysis of the related dispute resolution frameworks between Malaysia and Saudi Arabia. The analysis is tackled along the lines of the background and the constitutional frameworks for each country, the respective dispute resolution structures, and analysis of selected cases on Islamic finance disputes. The paper concludes by describing the similarity and difference points of the dispute resolution of Islamic finance cases between the two countries, and also by suggesting directions for future research in this area. 2012 Conference or Workshop Item PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/17207/1/7i.pdf Md Nor, Mohd Zakhiri (2012) Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia. In: International Conference on Innovation Management and Technology Research (ICIMTR), 21-22 May 2012, Malacca, Malaysia. http://doi.org/10.1109/ICIMTR.2012.6236405 doi:10.1109/ICIMTR.2012.6236405 doi:10.1109/ICIMTR.2012.6236405 |
| spellingShingle | BP Islam. Bahaism. Theosophy, etc HG Finance Md Nor, Mohd Zakhiri Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title | Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title_full | Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title_fullStr | Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title_full_unstemmed | Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title_short | Cross-country analysis of Islamic finance dispute resolution: Malaysia and Saudi Arabia |
| title_sort | cross country analysis of islamic finance dispute resolution malaysia and saudi arabia |
| topic | BP Islam. Bahaism. Theosophy, etc HG Finance |
| url | https://repo.uum.edu.my/id/eprint/17207/1/7i.pdf |
| work_keys_str_mv | AT mdnormohdzakhiri crosscountryanalysisofislamicfinancedisputeresolutionmalaysiaandsaudiarabia |