The Ethical Considerations for a New Model of Intellectual Property Protection Under Sharia Law Principles in the GCC States

Nadia Naim ()
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Nadia Naim: Coventry University

Chapter Chapter 12 in Ethical Discourse in Finance, 2021, pp 247-270 from Palgrave Macmillan

Abstract: Abstract This chapter discusses the ethical considerations for a new model of intellectual property protection under sharia law principles in the Gulf Cooperation Council (GCC) states. It identifies key sharia law principles and ethical issues during the foundation stage of the development of intellectual property in the (GCC) states. Due to no Quranic reference for intellectual property law, qiyas are considered relevant to Islamic justification for intellectual property protection as analogical reasoning is applied to Quranic rules on proprietary rights, contract law, international transactions and public interest to justify intellectual property rights. The chapter contributes an integrated approach to intellectual property in the GCC to inform a development stage that incorporates ethical sharia principles with western style intellectual property provisions to transform the Islamic economy beyond Islamic finance.

Keywords: Ethics and Islamic economies; Islamic finance developments; Islamic intellectual property rights (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psifcp:978-3-030-81596-7_12

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DOI: 10.1007/978-3-030-81596-7_12

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