Islamic sharia is voluntarily practiced as governing law throughout the Muslim world in many aspects of personal and social life. Increasingly sharia is emerging as a choice of law in business and commercial practices as well. Islamic sharia law is based on long juristic deliberations and has evolved over nearly 1400 years.
Up until the middle of the last century, sharia law was extensively used throughout former Ottoman territories such as Syria and Jordan for business transactions and dispute resolution. In the modern context, sharia law should not be seen as a black box but should be regarded as another level of virtual jurisdiction to comply and accommodate.
