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Is a contractual clause stipulating a governing law, provided it does not conflict with Sharia, legally binding?
Prof. Yousuf Al Shubaily, Professor of Comparative Jurisprudence at the Saudi Higher Judicial Institute, explores this question during his talk at #InfluenceRiyadh Evenings 2026.
๐ฅ Watch the full event: https://t.co/Nux6EUBOlN
#RIDW26
At #InfluenceRiyadh Evenings 2026, Prof. Yousuf Al Shubaily, Professor of Comparative Jurisprudence at the Saudi Higher Judicial Institute, notes that prohibition in financial transactions is primarily based on two areas: Riba (usury) and Gharar (excessive uncertainty).
๐ฅ Watch the full event: https://t.co/Nux6EUBOlN
#RIDW26
On the stage of #InfluenceRiyadh Evenings 2026, Prof. Yousuf Al Shubaily, Professor of Comparative Jurisprudence at the Saudi Higher Judicial Institute, stated that Sharia grants contracting parties the freedom to draft their commercial contracts. The default rule in contracts is permissibility, while prohibition is the exception.
๐ฅ Watch the full event: https://t.co/Nux6EUBOlN
#RIDW26
In analyzing the relationship between Sharia and law, Prof. Yousuf Al Shubaily, Professor of Comparative Jurisprudence at the Saudi Higher Judicial Institute, explained during #InfluenceRiyadh Evenings 2026 that legislation aligned with Sharia generates legal provision that does not contradict Sharia overarching principles. Thus, Sharia is a source of law, not law itself.
๐ฅ Watch the full event: https://t.co/Nux6EUBOlN
#RIDW26
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