Islamic finance: UK law overview | Practical Law

Islamic finance: UK law overview | Practical Law

This note gives an introduction to the basic principles of Islamic law (or Sharia) that affect finance transactions. It looks at what constitutes Sharia compliance in relation to finance and highlights some differences with conventional finance. It considers the current challenges for the Islamic finance market and its likely future development.

Islamic finance: UK law overview

Practical Law UK Practice Note Overview 3-366-1996 (Approx. 15 pages)

Islamic finance: UK law overview

MaintainedUnited Kingdom
This note gives an introduction to the basic principles of Islamic law (or Sharia) that affect finance transactions. It looks at what constitutes Sharia compliance in relation to finance and highlights some differences with conventional finance. It considers the current challenges for the Islamic finance market and its likely future development.