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Judicial challenges facing the Islamic finance industry of Nigeria

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Date
2021
SDG:
../../../../assets/images/goals/E_WEB_04.pngGoal 4
Abstract
Shariah-compliance of Islamic finance transactions compels conformity with Shariah dictates in all aspects and ramifications of such transactions. Indeed, Islamic commerce and finance jurists are unanimous that Shariah-compliance lies at the very heart of Islamic finance transactions. Equally essential is dispute resolution, as it is unarguable that disputes will invariably arise in such transactions. A viable dispute resolution mechanism is a societal pillar indispensable for the regulation and sustenance of commercial transactions.
Keywords
Dispute resolution , Islamic finance , Legal risk , Nigeria , Shariah non-compliance
Citation
Mustapha, Z., Kunhibava, S., & Muneeza, A. (2021). Judicial challenges facing the Islamic finance industry of Nigeria. African Journal of International and Comparative Law, 29(2), 244-262. https://doi.org/10.3366/ajicl.2021.0362
Publisher
Edinburgh University Press

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