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subrogation insurance “UAE” “Stamenovich” “2007 Law” “UAE Civil Code” “Subro Round Up”
 The prevailing laws in the Middle East are generally based on, and utilize elements of, Shari’ah, The Koran and the Hadith together with what is termed as Latin law, influenced by Egyptian Napoleonic Code style law. The concept of insurance is not contradictory to Islam, the payment of blood money by an individual to a deceased’s...