Legal Pluralism Within International Commercial Law

At the heart of how much of the Muslim-majority world regulates its financial and banking laws, Islamic contract and commercial law extends globally. In 2008, Islamic banks globally held about $250 million dollars (1). Less than half a decade later, Islamic banks held over $1.50 trillion. Indonesia, Qatar, Malaysia, Saudi Arabia and Turkey made up 78% of the international Islamic banking assets within commercial banks … Continue reading Legal Pluralism Within International Commercial Law