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Choice of law

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On Issues Of Application Of Sharia Rules Related To Islamic Finance In The Courts Of Uzbekistan, Akhadjon Khakimov Sep 2020

On Issues Of Application Of Sharia Rules Related To Islamic Finance In The Courts Of Uzbekistan, Akhadjon Khakimov

Review of law sciences

In this article, we focus on the nature of Islamic financial contracts and their features from the contracts which are available in the domestic legislation of Uzbekistan. Moreover, current article also examines how possible disputes could be solved in domestic courts based on the Uzbekistan’s choice of law as in many cases Islamic banks tend to put Sharia law as a choice of law in those contracts.