Islamic Funds

We have recognised expertise in a broad range of areas. Advising conventional and Shariah-compliant financial institutions, fund managers, financial advisors and corporates globally on all aspects of Islamic finance.

We have expertise in the full range of modern and traditional Islamic finance contracts such as Sukuk, W’ad, Murabaha, Ijara, Mudaraba and Musharakah. We have applied our skills in areas such as new Islamic institution establishment, product strategy, legal risk management and in banking, project finance, asset finance, trade finance, derivatives, fund formation and insurance transactions.

With a good understanding of Shariah principles and close relationships with many of the world’s leading Shariah scholars, our team offers a leading capability in advanced Islamic product development and transaction management.

Our team makes a unique contribution to the development of the Islamic finance industry. It includes members of HM Treasury's Islamic Finance Technical Group and the UKTI Islamic Finance Sub-Committee and a former member of the HM Treasury Islamic Finance Experts Group. We are also a strategic partner in an international initiative to help to train and develop future Shariah scholars.

In recognition of the nascent state of the industry, we frequently offer bespoke training courses to our clients. We also regularly hold seminars and publish briefings for our clients and speak at international conferences on the latest developments in the industry.

Our experience

Aircraft financing

Advising a major Middle Eastern bank on the Ijarah financing of a Boeing 737 aircraft for an aircraft operating lessor.

Bank establishment

Advising on setting up an Islamic bank from inception including product development.

Funds

Advising Allianz Global Investors Europe on the launch of its first series of Shariah compliant funds.