Description: Islamic Finance and Law : Theory and Practice in a Globalized World, Paperback by Balala, Maha-Hanaan, ISBN 1780767676, ISBN-13 9781780767673, Brand New, Free P&P in the UK Islamic commercial and financial practice has not experienced the trial-and-error style of development that has characterised the development of the common law in the English-speaking world. Many of the principles, rules and practices prevalent in the Islamic law of contract, commerce, finance and property remain the same as those outlined by the Quran and the Prophet Muhammad, and expounded by scholars of jurisprudence as far back as the 13th century, despite the advancement in time and sophistication of commercial interaction. Hanaan Balala here demonstrates how, in order to bridge the gap between the principles outlined by the Quran and the Prophet in the 7th century and commercial practice in the 21st century, Islamic finance jurisdictions need to open themselves to learning from the experience (including the mistakes) of the English common law. 'Islamic Finance and Law: Theory and Practice in a Globalized World' provides an analysis of the fundamental principles underlying the Islamic law of contract and commercial practice in comparison with their equivalents in common law in the English-speaking world. It seeks to draw parallels (and differences where appropriate) to facilitate the growth and development of Islamic commercial and financial law globally.
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Book Title: Islamic Finance and Law : Theory and Practice in a Globalized Wor
Number of Pages: 232 Pages
Language: English
Publication Name: Islamic Finance and Law: Theory and Practice in a Globalized World
Publisher: Bloomsbury Publishing
Publication Year: 2014
Subject: Law, Finance
Item Height: 216 mm
Item Weight: 254 g
Type: Textbook
Author: Maha-Hanaan Balala
Item Width: 138 mm
Format: Paperback