Islamic finance contracts: SECP to introduce alternate dispute resolution mechanism – Business & Finance
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will introduce an alternate dispute resolution (ADR) mechanism for Islamic finance contracts to promote the concept of out-of-court settlement which shall include mediation, arbitration, and neutral evaluation. Senior SECP officials told media on Friday that the move is a part of strategic action plan 2024-26 to