Commercial Mediation, cross-border mediation, Cross-cultural, Dispute Resolution, Enforcement, International Mediation, mediated settlement agreement
Singapore Convention Series: The “Sharia-Compliance” Requirement to Safeguard Enforcement Of Mediated Settlements In The MENA Region
Settlement agreements reached through mediation are mere contracts and not court decisions. As such, and in the absence of a statutory framework, enforcement of mediated settlements can only be carried out voluntarily by the parties. Failing which, the aggrieved party must enter into a court or arbitral process through which the defaulting party is compelled…