Contracts & Agreements It is common to find people talking about contracts in a way that whatever is stipulated therein or whatever is agreed between parties should invariably be considered valid, lawful, and enforceable.  In jurisdictions that either apply Shari’a in full or use it as guidance, the verse of the Holy Quran that obliges parties to fulfill contracts (Chapter 5 – Verse 1) “O believers! Honor your obligations” is often quoted in support of this argument.  What is ignored and overlooked is the condition that such a basis and argument will only be valid when they are not in conflict with the laws and regulations. The main purpose of any contract is to protect the rights of parties as

Objections against Judgments The Rules of Implementation for Objections against Judgments issued vide Ministerial Decree No: 512 dated 05/01/1445 H. (23 July 2023), the “Rules” replaces completely the Rules of Implementation related to the appeal process dated 21/09/1440 and Section Eleven of the Rules of Implementation of Civil Procedural Law (related to methods of Objections against Judgments). Download the Provisions for Debt Instruments & Financing Sukuk (PDF) To stay aware of these updates, we encourage you to follow us on social media to be informed of when they are posted. If you wish to discuss any of these changes or any impact the New Law may have on you and your business, please reach out to us for assistance. AlGhazzawi