Insight Category: News
The Dubai Court of Cassation has issued a binding ruling prohibiting Islamic banks and Takaful companies from charging any form of interest or fees for delayed payments even in instances where debtors intentionally delay fulfilling their obligations. The court declared that Islamic financial institutions and Takaful companies operating fully or partially under Islamic Sharia law… Continue reading Recent Dubai Court Ruling Prohibits Islamic Banks from Charging Late Payment Interest...
Email messages have evidentiary weight under Federal Law No. 35 of 2022 on Evidence in Civil and Commercial Transactions. The evidentiary weight accorded to electronic writing and to official or private electronic documents is established for the creator thereof if the required technical and procedural conditions are met. These include the technical ability to determine… Continue reading Deriving Offer and Acceptance from Exchanged Emails Without a Signed Written Agreement...
In the United Arab Emirates, the legal framework governing contractual relationships between private parties is primarily set out in Federal Law No. 11 of 1992 on the Civil Procedures Code, as amended and most recently superseded by Federal Law No. 42 of 2022 on the Civil Procedure Law (“CPC”). This legislation provides the procedural foundation… Continue reading Navigating Legal Jurisdiction in UAE Contracts: A Complex Landscape...
Navigating Inheritance for Muslim Expats in the UAE Recent legal developments in Abu Dhabi—most notably the enactment of Abu Dhabi Law No. 14 of 2021, as amended by Law No. 15 of 2021—have created new opportunities for estate planning within the United Arab Emirates. While the legislation is primarily intended for non-Muslim residents, in practice,… Continue reading Estate Planning for Muslim Expats: Registering a Will with the Abu Dhabi Judicial Department (ADJD)...
In 2024, the Emirate of Sharjah undertook significant legal reforms to modernize its real estate and tenancy framework through the enactment of three key instruments: Sharjah Law No. (5) of 2024, Law No. (6) of 2024, and Executive Council Resolution No. (37) of 2024. Collectively, these regulations establish a robust and coherent legal infrastructure aimed… Continue reading Sharjah’s Real Estate Reform: A New Era for Property Investment...
An FOB sale is an international trade term used to describe the terms of sale and delivery of goods. “FOB” stands for “Free On Board,” and it defines the respective obligations of the seller and the buyer in the sale and delivery process. According to Article 131 of the UAE Commercial Transactions Law, a sale… Continue reading Understanding Free On Board (FOB) Sales Under UAE Commercial Transactions Law...
There is no doubt that the cheque, as a commercial instrument and a means of payment, holds significant legal importance. Recognizing this, Federal Decree-Law No. 50 of 2022 on the Issuance of the Commercial Transactions Law dedicates its third section to regulating cheques. In specific cases defined under this law, a cheque may be treated… Continue reading When Is a Claim for the Value of a Cheque Not Heard?...
Imagine seeing your dream car at a secondhand car dealership. You’ve dreamed of purchasing that car for many years, and now you finally can. Would you take the risk of buying it without checking the registration papers or taking it for a test drive? Perhaps having your friendly mechanic carry out an inspection to determine… Continue reading Legal Due Diligence – Not Just a Box-Ticking Exercise...
Dispute resolution through the Centre for Amicable Settlement of Disputes (the “CASD” or “Centre”) has now become more clear, efficient, and accessible to the Dubai public. The newly enacted Decision No. 4 of 2025 (the “Decision”) has replaced the previous Decision No. (8) of 2022, thereby expanding the range of cases the Centre is authorised… Continue reading Dubai Expands Jurisdiction of the Centre for Amicable Settlement of Disputes: What’s New?...
Dubai’s real estate market continues to attract global attention, with off-plan properties emerging as the preferred choice for investors. In 2024 alone, off-plan sales accounted for 63% of total residential transactions, underlining the sector’s significance. However, developers must operate within a rigorous legal framework aimed at safeguarding buyer interests and ensuring market integrity. Two key… Continue reading Navigating Dubai’s Off-Plan Real Estate Laws: Compliance Essentials for Developers...