Adnan Trakic, Dr

adnan.trakic@monash.edu
603 5514 6383
Room 6-5-20

Dr Adnan Trakic is a Senior Lecturer with the School of Business. His principal research interest is in conventional & Islamic finance law, contract law, and corporate law. He has researched and published in various reputed journals and presented papers at conferences, including academic and industry seminars in the area of Islamic Banking and Finance, Comparative Banking Law, Corporate Governance, and Law of Contract. He co-authored the book Law for Business, published by Sweet & Maxwell, Thomson Reuters. He is also contributing co-editor of the book Islamic Banking & Finance: Principles Instruments & Operations, published by Current Law Journal (CLJ).

Academic Qualifications

Doctor of Philosophy (Law)
Institution International Islamic University Malaysia
Year awarded 2012
Master of Comparative Law
Institution International Islamic University Malaysia
Year awarded 2009
LL. B (Hons)
Institution International Islamic University Malaysia
Year awarded 2008

Areas of Expertise

1 Conventional & Islamic Finance Law
2 Islamic Law
3 Law of Contract
4 Company Law
5 Contract Law

Teaching

Subject CodeSubject
BTW1042 Malaysian Business Law
BTW3233 Conventional and Islamic Finance Law

Books

1Trakic, A., Andrews, P.L., Ramasamy, N., Sum, C.Y., Murugan, S.B., Pullikutthyayanar, V., and Chandran, K., (2014), Law for Business, Sweet & Maxwell Asia (Thomson Reuters), Malaysia. ISBN No.: 978-967-0498-85-0.
2Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.) (2012). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. ISBN No.: 978-967-0379-012 (General contributing co-editor of the book)

Book Chapters

1 Tun Abdul Hamid Mohamad & Trakic, A., (2014). “Current Application of English Law: Sections 3,5 and 6 of the Civil Law Act 1956”, in Ashgar Ali Ali Mohamed (Ed.) Malaysian Legal System, Current Law Journal (CLJ), Malaysia. Pp. 155-176. ISBN No.: 978-967-0748-71-9.
2 Saleem, M., Y., & Trakic, A., (2012). Prohibited Elements in Fiqh Muamalat: Causes that Invalidate Transections. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp. 55-74. ISBN No.: 978-967-0379-012.
3Trakic, A., & Ashgar Ali Ali Mohamed, (2012). Islamic Banking Business in Malaysia: The Regulatory Aspect. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp. 258-292. ISBN No.: 978-967-0379-012.
4Trakic, A., (2012). The Supervision of Islamic Banks: With Reference to Malaysia. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp. 435-462. ISBN No.: 978-967-0379-012.
5Trakic, A., (2012). Islamic Banking and Finance in the United Kingdom. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp. 501-534. ISBN No.: 978-967-0379-012.
6Trakic, A., (2012). Islamic Banking and Finance in France. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp.535-560.  ISBN No.: 978-967-0379-012.
7Trakic, A., & Norhashimah Mohd. Yasin, (2012). Ibra’ and its Practice by the Islamic Banks: With Reference to Malaysia. In Trakic, A., & Hanifah Bt. Haydar Ali Tajuddin (Ed.). “Islamic Banking & Finance: Principles, Instruments & Operations”. Current Law Journal (CLJ), Malaysia. pp. 641-672.  ISBN No.: 978-967-0379-012.
8Trakic, A., (2011). “Civil Court Jurisdiction over Islamic Banking Cases – Muamalat Division of the High Court”. In Mohammad Naqib Ishan Jan (Ed.). Law and Commerce: The Malaysian Perspective. IIUM Press, Kuala Lumpur, Malaysia, pp. 520-536. ISBN: 978-967-0225-43-2.
9Trakic, A., (2010). “Various Centres Offering Mediation Services in Malaysia”. In Ashgar Ali Ali Mohamed & Mohammad Naqib Ishan Jan (Ed.). Mediation in Malaysia: The Law and Practice. LexisNexis Malaysia, pp. 89-111. ISBN: 978-967-5371-84-4.

Scholarly Journals

1Trakic, A., (2014), “Legal Accommodation of Islamic Banking in Bosnia and Herzegovina: Streching the Existing Legal Framework in the European Context”, Journal of International Banking Law and Regulation (JIBLR), Issue 1, pp. 53-63.
2Trakic, A., (2013), “Dispute Resolution of Islamic Banking Cases in Malaysia with Reference to Muamalat Division of the High Court and Shariah Advisory Council", Malayan Law Journal, Volume 3, p.lxvii.
3 Tun Abdul Hamid Mohamad & Trakic, A. (2013), “Granting of Ibra’ by Islamic Banks in Malaysia: A Matter of Discretion or Obligation?” Journal of International Banking Law and Regulation (JIBLR), Issue 9, pp. 356-362.
4 Tun Abdul Hamid Mohamad & Trakic, A. (2013), “Critical Appraisal of the Companies’ Obligations to Pay Zakat in the Malaysian Context”, International Company and Commercial Law Review (ICCLR.), Issue 10, pp. 375-380.
5 Tun Abdul Hamid Mohamad & Trakic, A. (2013), “Application and Development of Ibra’ in Islamic Banking in Malaysia”, The Law Review, (forthcoming)
6Trakic, A., (2013), “The Adjudication of Shari’ah Issues in Islamic Financial Contracts: Is Malaysian Islamic Finance Litigation a Solution?”, Humanomics, Volume 29, Issue 4. (forthcoming)
8Trakic, A., (2013), “Malaysian Two-Tier Shari’ah Governance Framework for Islamic Financial Institutions: What Does the Malaysian Model Offer?”, Journal of International Banking Law and Regulation (JIBLR), Volume 28, Issue 2, pp. 89-95
9Trakic, A., (2012), “Europe’s Approach to Islamic Banking: A Way Forward”, Journal of Islamic Finance and Business Research, Volume 3, Number 1, September 2012 Issue, pp. 17-33
10Trakic, A., (2012), “An Offer Vis-a-Vis An Invitation to Treat: A Comparative Analysis with Reference to Malaysia”, Malayan Law Journal, Volume 5, p. i.
11Trakic, A., (2012), “’Offer’ and Its Significance for Formation of Contracts: The Malaysian Perspective”, Malayan Law Journal, Volume 5, p. cxlvii.
12Trakic, A., (2012), “A Legal and Administrative Analysis of Inalienable Muslim Endowments (Awqaf) in Bosnia and Herzegovina”, Islamic Civilizational Review (ICR), Volume 3, Number 2, January 2012, pp.337-354.
13Trakic, A., (2011), “The Development of Ijtihad in Bosnia: Bosniaks’ Intellectual Response”, Shariah Law Reports, 2 ShLR lxxxi.
14Trakic, A., (2011), “The Supervision of the Islamic Banks: Analythical Analysis with Reference to Malaysia”, Shariah Law Reports, 1 ShLR lxxxii.
15 Ashgar Ali Ali Mohamed & Trakic, A., (2011), “Significance of the Muslim’s Call for Prayre (Azan) with Reference to its Practice in Malaysia”, Shariah Law Reports, 1 ShLR xlvii.
16Trakic, A., (2011), “International Labors Organization’s Contributions in Improving Working Conditions – An Analythical Approach”, Industrial Law Journal, 1 ILJ lxvi.
17Trakic, A., (2010), “A Critical Appraisal of UNCITRAL’s Contributions in Unification of the Law Governing International Sale of Goods”, Malayan Law Journal, Volume 4, p. v.
18Trakic, A., (2010), “ILO’s Contributions in Improving Working Conditions – An Analythical Approach”, Malayan Law Journal, Volume 3, p. xlii.

Conference Proceedings

1Trakic, A., (2014), “The Adjudication of Shari’ah Issues in Islamic Finance Contracts: Guidance from Malaysia”, a paper presented at the 11th Asian Law Institute (ASLI) Conference, held at the University of Malaya, Malaysia on 29 & 30 May 2014.
2Trakic, A., (2012), ”The Adjudication of Shari’ah Issues in Islamic Financial Contracts: Is Malaysian Islamic Finance Litigation a Solution”, a paper presented at The 3rd Global Accounting & Organizational Change Conference, held on 14-17 July 2012, Sunway Resort Hotel & Spa, Malaysia. Organized by Sunway University and La Trobe University.
3Trakic, A., (2012), ”Enforceability of Islamic Financial Contracts in Secular Jurisdictions”, a paper presented at the 9th Asian Law Institute (ASLI) Conference, held on 31 May – 1 June 2012, National University of Singapore, Singapore.
4Trakic, A., (2011), “Europe’s Approach Towards Islamic Banking and Finance: A Way Forward”, a paper presented at the International Islamic Banking, Finance and Investment Conference, held on 19-10 December 2011, Kuala Lumpur, Malaysia. Organized by World Business Institute, Australia.
5Trakic, A., (2011), “Ibra’ and Its Practice by Islamic Banks: Constructive Analysis of it with reference to Malaysia”, a paper presented at the Inaugural ISRA Colloquium “Innovation in Islamic Finance: Shari’ah Driven or Market Driven” held on 28 June 2011, Kuala Lumpur, Malaysia. Organized by International Shari’ah Research Academy for Islamic Finance (ISRA).
6Trakic, A., (2009), “The Legal and Administrative Analysis of Waqf in Bosnia and Herzegovina”, a paper presented at the International Conference on: Waqf Law & Management held on 20th-22nd October 2009. Organized by IIUM Endowment Fund & Sponsored by Sime Darby.
7Trakic, A., (2008), “The Development of Ijtihad in Bosnia”, a paper presented in the International Conference on Ijtihad and Ifta’ in the 21st Century: Challenges and Prospects held on 12-14th August, 2008. Organized by Kulliyyah of Islamic Revealed Knowledge and Human Science (IIUM) and International Institute for Muslim Unity (IIMU). Venue: Kuala Lumpur, Malaysia.
8Trakic, A., (2008), “Educational Reforms and Regeneration in the Thought of Alija Izetbegovic”, a paper presented in the International Conference on Higher Education in the Muslim World: Challenges and Prospects held on 24-25th March 2008. Organized by the International Institute for Muslim Unity (IIMU). Venue: Kuala Lumpur, Malaysia.

Others

1 Tun Abdul Hamid Mohamad & Trakic, A. (2012), “The Shari’ah Advisory Council’s Role in Resolving Islamic Banking Disputes: A Model to Follow?”, ISRA Research Paper No. 47, Kuala Lumpur: International Shari’ah Research Academy (ISRA), pp. 1-42.
2 Tun Abdul Hamid Mohamad & Trakic, A. (2012), “Enforceability of Islamic Financial Contracts in Secular Jurisdictions: Malaysian Law as the Law of Reference and Malaysian Courts as the Forum for Settlement of Disputes”, ISRA Research Paper No. 33, Kuala Lumpur: International Shari’ah Research Academy (ISRA), pp. 1-34.
3Trakic, A. (2012), “Dispute Resolution of Islamic Banking Cases in Malaysia with Reference to Muamalat Division of the High Court and the Shari’ah Advisory Council”, Malaysian Court Practice Bulletin, Issue 5 of 2012, pp. 1-10.
4Trakic, A. (2012), “Quantum of Claim by Islamic Banks in Bai’ Bithaman Ajil Contracts: Applicability of Ibra’ in Default Cases in Malaysia”, Malaysian Court Practice Bulletin, Issue 6 of 2012.

Local Grants

Title Unfair Terms in Consumer Contracts: An Appraisal of Malaysian and Islamic Law
Investigators Dr. Adnan Trakic
Funding Period 2015
Funding Body/Organisation Monash University Malaysia
Funding Amount RM10,000
Title The Adjudication of Shari'ah Issues in Islamic Finance Contracts: Guidance from Malaysia
Investigators Dr. Adnan Trakic
Funding Period 2014
Funding Body/Organisation Halal Ecosystem 
Funding Amount RM10,000
Title Formulating a Legal Protection Framework for Prevention of Sexual Harassment in Schools and Institutions of Higher Learning
Investigators Prof. Dr. Ashgar Ali Ali Mohamad
Dr. Farheen Baig
Dr. Adnan Trakic
Dr. Muzaffar Syah
Dr. Yusuf Jelil
Prof. Dr. Naqib Ishan Jan
Funding Period 2011-2013
Funding Body/Organisation FRGS – Malaysian Ministry of Education
Funding Amount RM50,000

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