Asian-Counsel takes a look at the state of arbitration in various jurisdictions across the region, and uncovers the lofty aims of several arbitration centres.
Dennis Ryan and Fawaz Elmalki of Conyers Dill & Pearman’s Dubai office explain why challenges currently associated with sukuk should ultimately strengthen investor confidence in Islamic finance structures.
Mazen Boustany and Muhammad Syamsulfaiz Zainuddin of Habib Al Mulla & Co take a look at the impact of the credit crisis on the Islamic finance industry, and explain why the past eighteen months have highlighted a need for further innovation.
Asian-Counsel investigates the reasons behind the recent shift in attitude towards corporate governance in the Middle East, and what is being done to overcome the barriers to implementation in the region.
Paul de Cordova and Richard Dollimore of K&L Gates LLP explain why ongoing efforts to forge trade and investment relationships between Asia and the Middle East are likely to be bolstered through the use of free trade agreements.
In a recent UK case, a Shari’ah-compliant finance house argued that an agreement it had entered into, and approved, was non-Shari’ah compliant. Whilst the court’s decision in that matter might be limited in scope, Denton Wilde Sapte lawyers say the very fact the defence was raised is likely to cause unease for parties to future Islamic finance transactions.
Dubai’s efforts to facilitate the establishment of companies in the emirate, in a bid to entice foreign investment, will continue to pay off, explain Samer Qudah and Omer Khan of Al Tamimi & Company.
