Our official English website, www.x-mol.net, welcomes your feedback! (Note: you will need to create a separate account there.)
The ancestral Andalusian water courts: a resilient model for contemporary Islamic banking and finance
Journal of Islamic Accounting and Business Research ( IF 2.5 ) Pub Date : 2021-03-08 , DOI: 10.1108/jiabr-12-2020-0364
Pedro Antonio Martín-Cervantes , Salvador Cruz Rambaud , María del Carmen Valls Martínez

Purpose

This paper aims to examine the functioning and organizational structure of the historic Andalusian water courts, institutions of Islamic origin whose basic model should be considered in light of the regulation of modern Islamic banking and finance.

Design/methodology/approach

The methodology of this study has been focused on the contextualization of al-Andalus during the European Middle Ages, highlighting its enormous contributions and implications in the creation of Western knowledge. In the same way, the ordinances of the Castilian-Aragonese kings, aimed at the persistence of the Andalusian water courts in the Southeast of Spain after the Muslim period, have been used as the main sources of reference.

Findings

This research has detected that the main features of the Andalusian water courts, i.e. integrity, democracy, transparency, credibility, moral authority or simplicity (among many others), can be conveniently replicated in the scope of the current Islamic banking and finance.

Research limitations/implications

Several implications can be derived from this study: first, it highlights the total resilience of a regulatory model that “it was already there,” given by the history of the Andalusian civilization. This model will be always welcomed by the Muslim community in Western countries as it is a matter of regulating themselves according to the way their ancestors did. The main limitation faced by this research is the relative scarcity of original sources, which is justifiable given that most of the royal ordinances come from the 13th century, having unfortunately lost a good number of sources over time.

Originality/value

This paper seeks a feasible alternative to the controversy arising from the resolution of possible disputes in Islamic banking and finance taking into account that Western judges do not know (nor do they have to) the principles on which this discipline is based. The application of the historical Andalusian model would allow the creation of an independent jurisdiction, while subordinated to the established juridic power, without contravening the principle of “jurisdictional unity.” The last element that gives an added value to this research is spreading the achievements of the Andalusian culture and civilization, unjustly omitted by a great part of the existing literature.



中文翻译:

祖先安达卢西亚水法庭:当代伊斯兰银行和金融的弹性模型

目的

本文旨在研究历史悠久的安达卢西亚水法庭的功能和组织结构,这些伊斯兰起源的机构应根据现代伊斯兰银行和金融的监管考虑其基本模式。

设计/方法/方法

本研究的方法论着眼于欧洲中世纪时期安达卢斯的语境,突出了它在创造西方知识方面的巨大贡献和影响。同样,卡斯蒂利亚-阿拉贡国王的法令,旨在穆斯林时期后西班牙东南部安达卢西亚水庭的持续存在,被用作主要参考来源。

发现

这项研究发现,安达卢西亚水法庭的主要特征,即诚信、民主、透明、可信、道德权威或简单(等等),可以方便地复制到当前伊斯兰银行和金融的范围内。

研究限制/影响

从这项研究中可以得出几个含义:首先,它强调了安达卢西亚文明历史给出的“它已经存在”的监管模型的总体弹性。这种模式将永远受到西方国家穆斯林社区的欢迎,因为这是按照他们祖先的方式来调节自己的问题。这项研究面临的主要限制是原始资料的相对稀缺,这是有道理的,因为大多数皇家法令来自 13 世纪,不幸的是随着时间的推移丢失了大量资料。

原创性/价值

考虑到西方法官不知道(也不必知道)该学科所依据的原则,本文寻求一种可行的替代方案,以解决因解决伊斯兰银行和金融领域可能存在的争议而引起的争议。历史安达卢西亚模式的应用将允许创建一个独立的司法管辖区,同时服从既定的司法权,而不会违反“司法统一”的原则。为这项研究提供附加值的最后一个因素是传播安达卢西亚文化和文明的成就,而现有文献的很大一部分被不公正地忽略了。

更新日期:2021-03-08
down
wechat
bug