ISLAMIC LAW IN THE NEWS "[T]otal sharia-compliant assets grew by 8 per cent in 2023 (56 per cent of which comes from banking assets), according to data from S&P Ratings, … Continue reading Islamic Law in the News Roundup
ISLAMIC LAW IN THE NEWS Some observers have estimated that up to 80% of Islamic marriages in Ghana remain unregistered because "there are no forms available for Muslims to register … Continue reading Islamic Law in the News Roundup
SCHOLARSHIP ROUNDUP On Islamic Law In "Iran Isn’t the Only Country With Morality Police" (Council on Foreign Relations (January 11, 2023)), Kali Robinson (Council on Foreign Relations) writes that it … Continue reading Weekend Scholarship Roundup
SCHOLARSHIP ROUNDUP On Islamic Law In "The Role and Potential of Blockchain Technology in Islamic Finance" (European Business Law Review 33, no. 2 (2022)), Andrew Dahdal, Jon Druby, and Otabek … Continue reading Weekend Scholarship Roundup
SCHOLARSHIP ROUNDUP On Islamic Law: In "Maintaining the Plurality and Sacred Value of Islamic Law through the Existence of the Sharia Banking Law" (Al-Ahkam 31, no. 1 (April 2022)), Waldi … Continue reading Weekend Scholarship Roundup
By Limeng Sun This post is part of the Digital Islamic Law Lab (DILL) series, in which a Harvard student analyzes a primary source of Islamic law, previously workshopped in the DIL … Continue reading Xinjiang Uyghur Autonomous Region Regulation on De-Radicalization
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
Student editor Esther Agbaje (HLS ’17) suggests that sukuk (commonly called Islamic bonds) are insufficient to handle bankruptcy in financial systems operating with respect to Islamic law, or sharīʿa compliance. Banks and other financial institutions or municipalities that issue sukuk intend for these … Continue reading The Need for an Islamic Bankruptcy Code
In 2007, the Auditing and Accounting Organisation for Islamic Financial Institutions (AAOIFI) considered about 85% of sukuk (commonly called Islamic bonds) to be non-sharīʿa-compliant. In 2010 they released these comprehensive … Continue reading STANDARDS:: Auditing and Accounting Organisation for Islamic Financial Institutions’ (AAOIFI) Sharīʿa Standards for Financial Institutions (2010)
