Islamic Finance and Banking Law

Company Information

Company/Provider: UCT Law@Work Professional Development Project

Email: Send Enquiry / Make A Booking

Telephone: 021 650 5413

UCT Middle Campus, Kramer Building, Stanley Road
Cape Town

South Africa

R 4000.00

Course Description

The South African Income Tax Act 58 of 1962 has recognised the different treatment of interest income between the South African common law and Islamic Financing arrangements. The main difference lies in the treatment of money as a means of trade and not as a commodity in itself. In addition, Islamic law is part of the legal system of many African countries such as Nigeria, Morocco, Algeria etc. and it governs commercial transactions in those countries, particularly with respect to the granting of finance. The secular legal aspects of Finance law are relatively complex and their interaction with the principles of Islamic law adds a further layer to the complexity.


12 to 13 November 2013


Two days



Cape Town


Kramer building, UCT Middle Campus

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