High Court Wellington
CIV-2017-404-1071
1, 2, 3, 10 July 2019; 6 March 2020
Walker J
CIV-2017-404-1071
1, 2, 3, 10 July 2019; 6 March 2020
Walker J
Contract — Sharia law — Mudharaba arrangement — Islamic principles — Law of the contract — New Zealand law.
Contract — Unconscionable dealing — Special disadvantage — Unconscionable taking advantage — Actual or constructive knowledge — Active extraction — Passive acceptance — Benefit from transaction.
Fiduciary relationships — Trust and confidence — Duty to act honestly, openly and fairly — Duty to act in best interests — Duty to avoid conflicting loyalties — Breach of duty of care — Unilateral exercise of power — Information disadvantage — Not arms-length transaction — Uncommercial transaction.
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