Islamic Banking & Finance

CLEAR LEGAL SOLUTIONS

Islamic Banking & Finance

We structure and document master murabaha agreements, ijara lease documentation, musharakah & mudarabah partnership agreements, istisna’a manufacturing or asset financing documentation, agency (wakalah) agreements, purchase undertaking and sales undertakings, security documents compatible with Shariah structures, guarantees, indemnities, and performance securities as well as standard operating templates for branch use.

The firm offers Shariah compliance advisory in transactions by reviewing specific transactions for Shariah compliance, ensuring asset ownership, and transfer requirements are met, advising on sequencing of steps in murabaha and ijara, reviewing customer proposals for compatibility, and supporting sharia board queries with legal analysis. The firm supports in bridging Islamic finance and banking regulation. Advising on how Islamic banking products fit within banking laws, drafting regulatory submissions for Islamic banking products, advising on Islamic window compliance frameworks, policies, and manuals for Islamic banking operations, and responding to regulatory queries on Islamic products. 

The firm can support banks in aligning Islamic banking policy manuals, product procedure manuals, templates for transaction approval workflows, as well as governance frameworks for sharia board interactions.

The firm offers transaction support for complex deals when the bank is financing major assets or projects by structuring Islamic finance for real estate and construction, advising on Islamic Project finance, syndicated Islamic financing documentation, as well as on due diligence and assets to be financed.

The firm advises on sharia-compliant recovery strategies, litigation and arbitration support, enforcing securities without breaching sharia principles, and advising on restructuring of distressed facilities. The firm supports periodic legal and sharia risk review of existing files for compliance gaps, identifying documentation weaknesses, advising on corrective structures, and supporting sharia audit processes. Capital markets and sharia investment advisory, such as Sukuk structuring, sharia-compliant investment placements, and interbank investment placements.