Five essays in “Legal and Regulatory Issues in Islamic Banking and finance”
• Five separate papers, one page each on each of the following five titles:
1- Discuss the key elements of a legal framework for efficient functioning of Islamic banking.
2- Are traditional nominate contracts sufficient to develop contemporary financial products or there is a need to re-define fundamental concepts in Islamic law?
3- Discuss the legal and Shari’ah issues arising in developing sukuk structures.
4- What are the problems that can arise in adjudicating disputes involving Islamic financial transactions in non-Islamic (common law and civil law) legal jurisdictions?
5- Are banks capable of managing their risks or there is a need for regulatory overview?
• Whatever view you take in writing the essay, please provide sound arguments and evidence to support your viewpoints. Please provide the information relevant to the title of the essay.
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