Banking & Financial Services (Conventional and Islamic)

Conventional Banking & Financial Services:

  • Advising a lender with regard to credit facilities of SAR800 million (US$220 million) to a major Saudi Group for construction of a landmark residential and commercial tower in Mecca against the security of a long term lease agreement.
  • Advised a local Islamic bank on the acquisition of its controlling stake in Khartoum Bank.
  • Advising a local Islamic bank on the set-up legislation and other contracts for Dubai International Financial Centre (DIFC).

Islamic Banking & Financial Services:

  • Advising a Dubai government initiated commodities market on the first rated US$200 million Sukuk (Islamic bonds).
  • Advised a Sharjah public utility with regard to an US$350 million syndicated Ijara facility.
  • Advised a Dubai-based master developer on a US$350 million syndicated Ijara facility to finance a major property development.