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Islamic Perspectives on the Law of Business Organisations I: An Overview of the Classical Sharia and a Brief Comparison of the Sharia Regimes with Western-Style Law

Published online by Cambridge University Press:  20 April 2010

Nicholas H.D. Foster
Nicholas H.D. Foster
Affiliation:
School of Law, School of Oriental and African Studies, University of London.
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Abstract

Recent events and trends have led to an increased awareness of the importance of Islamic law and a more widespread interest in the subject. However, many areas remain relatively inaccessible, including the law of business associations. The aim of this and a subsequent article is to alleviate this situation somewhat by providing a general introduction to Islamic perspectives on this area.

This article provides an overview of the classical sharia, looking at three Sunni schools by way of example, plus a brief comparison with Western-style law. The second article will consider the replacement of the sharia regimes in the Middle East and the interaction of the sharia with Western-style law in Muslim-majority jurisdictions and elsewhere.

Keywords

Islamic lawshariasharikamudarababusiness associationspartnershipscomparative lawlegal history
Type
Articles
Information
European Business Organization Law Review (EBOR) , Volume 11 , Issue 1 , March 2010 , pp. 3 - 34
Copyright
Copyright © T.M.C. Asser Press and the Authors 2010

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