Restrictive Concept of Economic and Financial Crimes under Common Law: Imperative of Leaf Borrowing from Islamic Law

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dc.contributor.authorOlagunju-Ibrahim, Ridwan
dc.date.accessioned2023-05-11T09:23:18Z
dc.date.available2023-05-11T09:23:18Z
dc.date.issued2022
dc.description.abstract Economic and financial crimes constitute disruption of economy. The combative national legislations of various jurisdictions are yet to curb the menace. The restrictive scope of economic and financial crimes in a number of legal frameworks is, among others, an albatross to the workability of the said instruments. The writer explores the legal system of Islam in this work to see whether elasticity of conception of the crimes is part of the reasons for the low rate of same in the jurisdictions where the divine law operates. Upon deep examination, this paper finds among others that unlike the common law limited conception of economic crimes, the Islamic Law concept of these crimes is wide and elastic in that it speaks of them as all instances of where money/property is eaten up with no value given in return. It is also consequently found that leaf of this construction style is worth borrowing in order to widen the narrow concept style of many jurisdictions considered, and succeeds in anti-graft war. The choice of doctrinal methodology, which hinges on library materials in the main, has appealed to the writer for use in discharging the scheduled preoccupations in this work. This decision is predicated on same being suitable for conducting detailed analysis research in both primary and secondary sources of relevance. The work recommends review of the legal frameworks in all the jurisdictions discussed and similar others with a view to reflecting the comprehensive definition of the law of Islam on the issue.en_US
dc.description.sponsorshipSelfen_US
dc.identifier.issn2536-6637
dc.identifier.urihttps://uilspace.unilorin.edu.ng/handle/20.500.12484/10048
dc.language.isoenen_US
dc.publisherDepartment of Sharia, Faculty of Law, University of Maiduguri, Nigeriaen_US
dc.titleRestrictive Concept of Economic and Financial Crimes under Common Law: Imperative of Leaf Borrowing from Islamic Lawen_US
dc.typeArticleen_US

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