A SWOT Analysis of the Dispute Resolution Mechanisms in the Islamic Finance Industry in Malaysia
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Date
2020
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Grosvenor House Publishing Limited
Abstract
This chapter is divided into seven sections. The first section gives a general introduction and section two examines the court process as a mechanism for the resolution of Islamic finance disputes in Malaysia. This is followed by the third section that evaluates the use of arbitration under the auspices of the Kuala Lumpur Regional Centre for Arbitration (KLRCA). Section four deals with the court-annexed mediation under the auspices of Kuala Lumpur Court Mediation Centre (KLCMC); while section five deals with mediation/adjudication under the auspices of the Financial Mediation Bureau (FMB). The process of mediation under the Malaysian Mediation Centre (MMC) is the main aim of section six while the last section which is section seven gives a general conclusion.
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Citation
(10) Aishat Abdul-Qadir Zubair & Professor Dr. Rabiah Engku Adawiah Ali (2020) A SWOT Analysis of the Dispute Resolution Mechanisms in the Islamic Finance Industry in Malaysia. In Contemporary Issues in Public, Human Rights, and Islamic Law. Lydia A. Nkasah et.al (Eds.), pp: 497-531. Published by Grosvenor House Publishing Limited, Surrey, United Kingdom.