This commentary, by SHARIAsource U.A.E. and Malaysia editor Paul Lee, examines the U.S. and the U.K. as an example of a model of competitive equality for the regulation of sharīʿa compliance in … Continue reading Commentary :: The US, the UK, and the Model of Competitive Equality
UAE and Malaysia editor Paul Lee's commentary examines Malaysia as an example of a centralized model of regulating sharīʿa compliance in Islamic finance. When parties seek to engage in Islamic finance … Continue reading Commentary :: Malaysia and the Centralized Model of Islamic Finance Regulation
UAE editor Paul Lee explains how the Dubai International Financial Centre's systems-based model is one solution for creating a sharīʿa-compliant financial system. The Dubai International Financial Centre (“DIFC”) is a parallel … Continue reading Commentary :: The Dubai International Financial Centre and a Systems-Based Model for the Regulation of Islamic Finance
Islamic finance is under increased scrutiny. Just last week, the Accounting and Auditing Organization for Islamic Finance Institutions (AAOIFI) announced plans to more aggressively develop centralized standards to regulate the … Continue reading Commentary :: The Comparative Costs and Benefits of Models of Islamic Finance Regulation
UAE editor Paul Lee details how Western courts have married Western and Islamic finance without compromising the principle of fair competition. The regulation of Islamic finance has generally been an area to … Continue reading Commentary :: New Trends in Regulating Risk in Islamic Finance
