The ABA Practical hat makes an Islamic Finance contract different than a conventional financial agreement! What are the elements in an Islamic contract? This new guide will provide you with the basic knowledge you need to draft an Islamic Finance contract and outlines what you need to do before you begin. The guide includes valuable advice on understanding what Islamic Finance is and what sources are relied upon and its place in the current global financial markets; deciphering the important elements in any Islamic contract; discussion of the various types of Islamic contracts and how the contracts are structured; and much more! For ease of reference and understanding, the Appendix outlines each financial structure in the format of a chart.
Author Biography
Dena H. Elkhatib is a U.S.-trained lawyer now working in the United Arab Emirates. She is a Co-Chair of the Islamic Finance Committee of the American Bar Association Section of International Law. She has previously authored articles to introduce basic principles of Islamic finance to audiences unfamiliar with terms such as fiqh, sukuk, and murabaha.
