Islamic Finance is the fastest growing industry in the financial panorama. The contractual arrangements are based in the Sharia, or Islamic Law. What would be the applicable law in a dispute between parties in an English or Spanish law jurisdiction where the parties submitted to the Sharia law?
Archive for the ‘Legacy Planning’ Category
Sharia as applicable law in Western Courts
Saturday, June 18th, 2011UK non dom update
Friday, June 17th, 2011The consultation issued by the Government outlining proposed changes to the taxation of non-UK domiciled individuals, increases the remittance basis charge but encourage foreign investments in the UK. The remittance basis charge goes from the current £30k to £50k, only applied to those resident in the UK for 12 years or more.
Tax witch-hunt
Wednesday, September 2nd, 2009Please read our article published in the Spanish Financial Paper Expansion today by clicking here. It is in Spanish and will try to translate the main ideas in a few days.