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The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes

The legal nature of arbitration varies from the legal nature of litigation. While the judge derives his authority from the state power, the arbitrator derives his powers, in the first place, from the parties' agreement. The power of the court to raise new issues of law ex officio is widely recognize...

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Main Author: Hassan, Mohamed
Format: Thesis
Published: AUC Knowledge Fountain 2019
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access_status_str Open Access
author Hassan, Mohamed
author_browse Hassan, Mohamed
author_facet Hassan, Mohamed
author_sort Hassan, Mohamed
collection Thesis
dc_rights_str_mv The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy.
description The legal nature of arbitration varies from the legal nature of litigation. While the judge derives his authority from the state power, the arbitrator derives his powers, in the first place, from the parties' agreement. The power of the court to raise new issues of law ex officio is widely recognized. When it comes to arbitration, the matter is more complicated. The ex officio power of the arbitrator to raise new issues of law is controversial in international commercial arbitration. The situation is even more complicated in contemporary Islamic finance disputes due to the nature of the applicable law to the merits of such disputes. Sharīʿa, which is the applicable law or a significant part thereof, obliges the arbitrator to apply the mandatory rules of Sharīʿa ex officio regardless of the parties' claims. Under Sharīʿa, the primacy is to its mandatory rules, contrary to international arbitration which grants the primacy to party autonomy. This sometimes results in a conflict between the rules of Sharīʿa and the rules of international arbitration. This paper examines to what extent the arbitrator may raise new issues of law ex officio in Islamic finance disputes. The paper argues that the arbitrator has a power, not a duty, to raise new issues of law ex officio in Islamic finance disputes; however, such a power is surrounded by considerable practical and legal challenges which may impede it. In doing so, the paper compares the scope of arbitrator's power between Islamic legal theory and international arbitration theory. It also examines and analyzes the available case studies which deal with the ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes.
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institution American University in Cairo (Egypt)
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spelling oai:fount.aucegypt.edu:etds-1529 The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes Hassan, Mohamed The legal nature of arbitration varies from the legal nature of litigation. While the judge derives his authority from the state power, the arbitrator derives his powers, in the first place, from the parties' agreement. The power of the court to raise new issues of law ex officio is widely recognized. When it comes to arbitration, the matter is more complicated. The ex officio power of the arbitrator to raise new issues of law is controversial in international commercial arbitration. The situation is even more complicated in contemporary Islamic finance disputes due to the nature of the applicable law to the merits of such disputes. Sharīʿa, which is the applicable law or a significant part thereof, obliges the arbitrator to apply the mandatory rules of Sharīʿa ex officio regardless of the parties' claims. Under Sharīʿa, the primacy is to its mandatory rules, contrary to international arbitration which grants the primacy to party autonomy. This sometimes results in a conflict between the rules of Sharīʿa and the rules of international arbitration. This paper examines to what extent the arbitrator may raise new issues of law ex officio in Islamic finance disputes. The paper argues that the arbitrator has a power, not a duty, to raise new issues of law ex officio in Islamic finance disputes; however, such a power is surrounded by considerable practical and legal challenges which may impede it. In doing so, the paper compares the scope of arbitrator's power between Islamic legal theory and international arbitration theory. It also examines and analyzes the available case studies which deal with the ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes. 2019-02-01T08:00:00Z thesis text/html https://fount.aucegypt.edu/etds/530 https://fount.aucegypt.edu/context/etds/article/1529/type/native/viewcontent/Thesis_20_September_202018_20Mohamed_20Hassan.pdf_sequence_1 The author retains all rights with regard to copyright. The author certifies that written permission from the owner(s) of third-party copyrighted matter included in the thesis, dissertation, paper, or record of study has been obtained. The author further certifies that IRB approval has been obtained for this thesis, or that IRB approval is not necessary for this thesis. Insofar as this thesis, dissertation, paper, or record of study is an educational record as defined in the Family Educational Rights and Privacy Act (FERPA) (20 USC 1232g), the author has granted consent to disclosure of it to anyone who requests a copy. Theses and Dissertations AUC Knowledge Fountain Arbitration Islamic finance NA NA
spellingShingle Arbitration Islamic finance
NA
NA
Hassan, Mohamed
The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title_full The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title_fullStr The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title_full_unstemmed The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title_short The ex officio power of the arbitrator to raise new issues of law in Islamic finance disputes
title_sort ex officio power of the arbitrator to raise new issues of law in islamic finance disputes
topic Arbitration Islamic finance
NA
NA
url https://fount.aucegypt.edu/etds/530
https://fount.aucegypt.edu/context/etds/article/1529/type/native/viewcontent/Thesis_20_September_202018_20Mohamed_20Hassan.pdf_sequence_1
work_keys_str_mv AT hassanmohamed theexofficiopowerofthearbitratortoraisenewissuesoflawinislamicfinancedisputes
AT hassanmohamed exofficiopowerofthearbitratortoraisenewissuesoflawinislamicfinancedisputes