The Continuing Influence of Common Law Judges and Advocates in the Adjudication of Islamic Finance Disputes in Nigeria

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:20
Year
2015
Country
Qatar
Language
English
Abstract

The growth and development of an Islamic capital market and finance depends on the institutions in which its dispute resolutions are anchored. The institution for Islamic finance dispute resolution and its practitioners must be knowledgeable and versed in Islamic finance. Despite this, those who are trained in common law, either as judges or advocates, continue to weigh a considerable influence in matters that border on Islamic finance dispute resolution. This problem is further compounded by the constitutional backing given to these judges and advocates. This has serious effects on the adjudication of Islamic finance disputes in Nigeria. Based on this premise, this paper analyzes how the common law trained judges and advocates have and may have considerable influence in the resolution of Islamic finance disputes in Nigeria. This more so emphasizes that dispute is inevitable in any human endeavors. It makes far-reaching recommendations, which if considered and applied will assist the growth and development of the dispute resolution sector of Islamic finance in Nigeria, being a member of OIC. Content analysis of legal issues is used to enrich the study. © Authors

English
ISSN/ISBN
978-9927118241
No. of Pages
pp. 119-124
City
Doha
Edition
1
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Name of the Publisher
CIS Program Old
CIS publications
No
CIS Thesis
No