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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Demand for alternative dispute resolution keeps pace with Islamic finance

Posted on 11 June 2012

Increase in demand for alternative dispute resolution mirrors growth of the $1 trillion Islamic finance industry. The Bahrain Chamber for Dispute Resolution (BCDR-AAA)’s Chief Registrar and Assistant CEO for Arbitration, Ahmed Husain Husain said, “The Islamic finance industry is currently valued at $1 trillion and is growing at a significant rate of 10 per cent per year.
With this growth comes the demand for alternative solutions to traditional means of settling legal disputes. As such, arbitration and mediation have an increasingly important role to play in the financial and legal sectors………………………………………..Full Article: Source

 
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