Introduction In a significant criminal ruling issued on 28 January 2026, the UAE Federal Supreme Court addressed essential principles governing judicial reasoning, evidentiary assessment, and the treatment of substantive defenses in money laundering cases. The...
A New Regulatory Era for Crypto Assets in DIFC On 12 January 2026, the Dubai Financial Services Authority (DFSA) brought into force a significantly enhanced regulatory framework governing Crypto Tokens within the Dubai International Financial Centre (DIFC). These...
Introduction Islamic finance has long positioned itself as a fairer, more ethical alternative to conventional banking. Based on Sharia principles, it prohibits interest (riba) and instead relies on profit-sharing, leasing, and trade-based transactions. On paper, it is...
Introduction In a recent judgment delivered by the Court of Cassation on October 28, 2024, the court dealt with an important matter regarding the recognition and enforcement of bankruptcy orders issued by foreign courts. The case at hand involved a request for the...
On September 16, 2024, the UAE Cabinet issued Resolution No. 94 of 2024, setting forth the executive regulations for Federal Decree Law No. 51 of 2023 on Financial Restructuring and Bankruptcy. This regulation introduces comprehensive guidelines to bolster financial...
Islamic finance is a financial system that operates in accordance with Sharia, the moral and ethical code derived from Islamic law. Unlike conventional finance, Islamic finance prohibits certain activities and promotes social justice, ethical investments, and...
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