Bankruptcy of the Insolvent in the Saudi Commercial Law

Type:	Secondary Source
Author:	Dr. Abdulhamid Al-Disti Abdulhamid Shelbi
Summary:	By AI The research prepared by Dr. Abdulhamid Al-Daisiti Abdulhamid Shalba addresses the topic of bankruptcy in Islamic jurisprudence, noting the lack of distinction between merchants and non-merchants in the rulings related to bankruptcy. The research emphasizes that it is not permissible to declare bankruptcy for a debtor who possesses no assets, relying on previous judicial principles. It also discusses the amendments to the Commercial Court system in Saudi Arabia that have led to a legislative vac...

Type:

Secondary Source

Author:

Dr. Abdulhamid Al-Disti Abdulhamid Shelbi

Summary:

By AI

The research prepared by Dr. Abdulhamid Al-Daisiti Abdulhamid Shalba addresses the topic of bankruptcy in Islamic jurisprudence, noting the lack of distinction between merchants and non-merchants in the rulings related to bankruptcy. The research emphasizes that it is not permissible to declare bankruptcy for a debtor who possesses no assets, relying on previous judicial principles. It also discusses the amendments to the Commercial Court system in Saudi Arabia that have led to a legislative vac...