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Sharia advisers may face legal suits over mistakes

Posted on 05 October 2009

From Gulfnews.com: Sharia advisers can be held accountable in court for lapses in their duty but it would be hard to make a case against them as their role involves views which differ across the industry, a top scholar said recently.

Sharia advisers are gatekeepers of the $1 trillion (Dh3.67 trillion) Islamic finance industry, applying Islamic and banking law to decide which financial practices and products comply with Sharia………………Full Article: Source

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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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