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The critical importance of “Shariah compliance” in the Islamic financial services industry: the UK’s need for jurisprudential clarity
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In this In Practice article, leading UK and international legal authority on Islamic financial law, Professor Lu’ayy Al-Rimawi explains how the muddled question of “Shariah compliance” in the UK will inevitably transplant itself into litigation risk in terms of misselling and/or misrepresentation claims and the UK’s need for jurisprudential clarity.
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