Department of Economics and Finance, University of New Orleans, New Orleans, U.S.A

Judicial Support for the Islamic Financial Services Industry: Towards Reform-oriented Interpretive Approaches

Submitted by siteadmin on Wed, 03/25/2020 - 15:04

This paper examines different dimensions of invaluable judicial support to Islamic financial services and products, and identifies specific areas where the judiciary has helped to shape the industry in line with the original value proposition of Islamic financial intermediation. While relying on qualitative legal methods with comparative case analysis from different jurisdictions, this study conducts cross-jurisdiction case analyses and identifies the role of the judiciary in introducing sustainable practices.