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Liquidated Damages and Penalty Clauses found in Islamic Finance Agreements

Bahrain, United Kingdom - June 3 2016 The Islamic Finance Development Indicator Report, published jointly in December 2015 by Thomson Reuters and the Islamic Corporation for the…

Will UK judgment leave Islamic finance debtors paying the penalty?

United Kingdom - January 20 2016 In November 2015 the publication of “City UK’s” annual review of the Islamic Finance industry, entitled “Leading Western Centre for Islamic Finance’…

Malcolm Dowden.

DIFC: a gateway to enforcement across the GCC?

United Arab Emirates, United Kingdom - March 30 2016 With no reciprocal enforcement treaty with the United Kingdom, or many other international jurisdictions, it has long been the case that enforcing a…

Georgina Munnik.

The public policy exception and international arbitration

United Arab Emirates - December 7 2015 The recent arbitration laws passed in Bahrain, Saudi Arabia and Qatar, and the announcement in September 2015 that Oman intends to establish its own…

Arbitral Awards in Qatar - Procedural Hurdles to Enforcement

Qatar - August 31 2016 The recent judgment handed down by the Qatari Court Of Cassation in Petition n. 211 of 2014 (the "Decision") has illustrated the importance of an…

Patrick Gearon.