Islamic Capital Market: Fundamental 3 – Legal and Regulatory Frameworks

Course Description

The financial system in the modern era requires conformity to the legal system in force in the countries. Have you ever thought about why there are laws and regulations and why a judge in a court has the right to sentence criminals? The development of the financial system is also inseparable from how the legal system adopted by a country affects the financial products offered in the market. Find in this fundamentals 3 the answer to why some countries have different developments in Islamic finance influenced by the legal system that applies in each country.