The Surprising Irrelevance of Islamic Bankruptcy

19 Pages Posted: 11 Nov 2011 Last revised: 23 Jan 2013

Haider Ala Hamoudi

University of Pittsburgh - School of Law

Date Written: November 10, 2011

Abstract

By any standard of logic, the influence of the shari’a should be far more relevant in the area of bankruptcy than it is. Understanding the sources of the broad marginalization of shari’a as it relates to modern bankruptcy law in the Muslim world tells us much about the sharply limited legal scope of Islamic revivalism as concerns economic and commercial matters and perhaps even a little bit about Islamism’s limited legal ambitions more generally.

Keywords: shari'a, Islamic law, Islamic finance, bankruptcy, Islamic bankruptcy

Suggested Citation

Hamoudi, Haider Ala, The Surprising Irrelevance of Islamic Bankruptcy (November 10, 2011). American Bankruptcy Institute Law Review, Vol. 19, p. 505, 2011; U. of Pittsburgh Legal Studies Research Paper No. 2011. Available at SSRN: https://ssrn.com/abstract=1957825

Haider Ala Hamoudi (Contact Author)

University of Pittsburgh - School of Law ( email )

3900 Forbes Avenue
Pittsburgh, PA 15260
United States
412-624-1055 (Phone)

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