FAQs

1- Can Sharjah International Commercial Arbitration Center "TAHKEEM" provide legal advice?

Yes, it can be through phones and the email in the website

2 - What are the benefits of Sharjah international Commercial Arbitration Center?

Speed: The parties decide the timeframes, so the process is faster than a court trial.

Confidentiality: Arbitration guarantees privacy since parties can avoid public exposure of sensitive business and financial information.

Neutrality: The center is completely impartial as are the arbitrators and so all parties benefit from a professional, unbiased analysis

Economy: Costs are much lower compared to court proceedings.

Final and Binding effect of Arbitration Award: Once the final award is decided, the procedure is complete and parties are obliged by law to comply).

3- What types of disputes can be resolved by arbitration at TAHKEEEM? And are they capable of administering all such disputes?

Commercial, construction/engineering, corporate, shipping/maritime, trade and insurance arbitrations

Yes and its authorized by Sharjah Courts.

4 - How to make a payment for Sharjah International Commercial Arbitration Center?

A payment can be made via bank transfer address to: Sharjah International Commercial Arbitration Centre or by cash.

Account Name: TAHKEEM
Account Number: 0012003541001
IBAN : AE060410000012003541001
Bank Name : Sharjah Islamic Bank
Bank Branch: Main Branch
Sharjah: Sharjah
Swift Code : NBSHAEAS

5 - How long does Arbitration last?

It usually takes from the first hearing session up to 6 months and can be renewed for another 6 months upon certain circumstances.