by admin | Sep 9, 2024 | Banking and Finance law, UAE Law
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...
by admin | Sep 4, 2024 | UAE Law
In today’s digital economy, Payment Service Providers (PSPs) play a crucial role in enabling the seamless flow of transactions between customers and merchants. With the proliferation of e-commerce and digital payments, the regulatory landscape governing PSPs has...
by admin | Sep 3, 2024 | UAE Law
Security over property under UAE law is a relatively simple procedure (but it’s pertinent to know the decentralized legal regimes of different Emirates) Dubai Mortgage Law -Security over Immovable Property: Security over immovable property is a Federal subject...
by admin | Sep 2, 2024 | Arbitration Law, UAE Law
On May 3, 2018, the UAE enacted Federal Law No. 6 of 2018 (“the New Law”), published in the Official Gazette No. 630 on May 15, 2018. This legislation replaced key arbitration provisions in the UAE Civil Procedures Law No. 11 of 1992, specifically Articles...
by admin | Aug 30, 2024 | Arbitration Law, UAE Law
The UAE has developed a comprehensive legal framework to govern arbitration, primarily encapsulated in the Federal Decree-Law No. 15 of 2023 (the ‘UAE arbitration law’). This law aligns with international standards, particularly the UNCITRAL Model Law on...
by admin | Aug 26, 2024 | UAE Labour Law, UAE Law
Introduction A recent amendment to the UAE labor law has introduced significantly increased penalties for fraudulent Emiratisation practices. Announced earlier this week, the new regulations impose fines ranging from Dh100,000 to Dh1 million for various fraudulent...
