Law360 (May 28, 2021, 1:05 PM EDT) -- Structuring Islamic financings is an intricate task.
On the one hand, there is navigating the tax, regulatory and legal framework of the relevant jurisdiction.
Running parallel to this is Islamic Sharia, the framework that governs Islamic jurisprudence.
Any contractual agreement must be legally valid, binding and enforceable before the applicable court while simultaneously ensuring it is permissible under Islamic Sharia.
There have been many challenges — and creative solutions — over the years in facilitating the fusion of Islamic Sharia, and the latest test looming on the horizon is the impending cessation of Libor.
The Demise of Libor
Dec. 31, 2021,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!