The Kuala Lumpur Regional Centre for Arbitration (KLRCA) recently launched an adapted set of its Arbitration Rules for Islamic arbitration at the 2012 Global Islamic Finance Forum.
The new rules are referred to as the i-Arbitration Rules (the Rules) and will aim to allow for the resolution of disputes arising from any contract that contains Shariah (Islamic Law) issues (the “i” prefix being a well-recognised indication of Shariah compliance). The aim behind the Rules is to provide arbitration that is suitable for international commercial transactions premised on Islamic principles, which Rules will be recognised and enforced internationally. Please click here to read our post on our Arbitration blog.
Key contacts
Simon Chapman KC
Managing Partner, Dispute Resolution and Global Co-Head – International Arbitration, Hong Kong
Kathryn Sanger
Partner, Head of China and Japan, Dispute Resolution, Co-Head of Private Capital, Asia, Hong Kong
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