Norton Rose LLP

Protecting confidentiality in Islamic financial contracts and structures

In July 2011 Norton Rose LLP published a paper on "Protections against unauthorized use of Shariah-compliant financial methods and structures" which lifts a few issues relating to copyright and intellectual property especially with regards to the Shariah structures.
These issues are emerging in the context of the contemporary Islamic finance movement, which only started in the mid-1970s. Questions were raised and some critics still keep these.
Islamic Financial Services Board published the "Guiding Principles on Shariah Governance Systems for Institutions Offering Islamic Financial Services" that helps people to understand Shariah adviseries and structures and confidentiality better.

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