Islamic finance

With over 50 partners and associates across the world advising on Islamic finance matters, we continue to be at the forefront of Islamic finance and Islamic ‘thought leadership’. Norton Rose Group is a recognised market leader in this area, with legal directories such as Chambers Global (2009) describing our practice as “the broadest Islamic finance offering on the market” and “a perennially excellent firm (who) continues to be one of the leaders in its field”.

Our clients include Islamic financial institutions and conventional banks, as well as major corporates and governments. Our Islamic finance group includes specialists in aviation, shipping, projects, acquisition finance, banking and structured finance, international securities and collective investments.

We are innovators in this sector and posses unrivalled technical and commercial knowledge. We did groundbreaking work with the first Islamic retail bank to open in the West and we now advise the UK government on Islamic financing. We assisted on a landmark Sukuk issue for the Bahrain Financial Harbour, we worked on the first shipping transaction to use an Ijara Sukuk arrangement and we helped launch Scotland’s first Islamic mortgage product.

We can

  • help you to finance projects through Istisna’a and Ijara Mawsufah fi al Dhimmah tranches;
  • advise you on credit facilities and real estate acquisitions involving a Musharakah partnership arrangement, with conventional debt providers and Islamic investors;
  • guide you through the introduction of Islamic mortgage products and Takaful insurance policies, making sure that all terms and conditions are Shariah compliant.
  • Any business transaction can be conducted in a Shariah compliant manner. We can show you how.

Our clients

Our clients include the Al-Amin Bank, Dubai Islamic Bank, Kuwait Finance House, Shamil Bank, Islamic Bank of Britain, European Islamic Investment Bank, ABN Amro, Barclays Capital, BNP Paribas, Calyon, Citigroup, Deutsche Bank, HSBC, Lloyds TSB, Arab Bank International, Gulf International Bank, Standard Bank, Standard Chartered Bank and UBS.

Awards

  • Best Legal Advisory Firm, Euromoney Islamic Finance Awards 2011
  • Best Law Firm in Islamic Finance, Islamic Finance News Awards 2010
  • European Deal of the Year -International Innovative Technologies GBP6.1m Sukuk Musharakah, Islamic Finance News Awards 2010
  • Deal of the Year - Kuveyt Turk Participation Bank US$100 million Sukuk, Islamic Finance News Awards 2010
  • Sukuk Deal of the Year - Kuveyt Turk Participation Bank US$100 million Sukuk, Islamic Finance News Awards 2010
  • Turkey Deal of the Year - Kuveyt Turk Participation Bank US$100 million Sukuk, Islamic Finance News Awards 2010
  • Asian-Counsel Firm of the Year for the category of ‘Islamic finance in the UAE’, Asian-Counsel Representing Corporate Asia Survey, Pacific Business Press
  • Outstanding Contribution by a Law Firm to Islamic Financial Services, London Sukuk Summit Islamic Finance Industry Awards 2009
  • Best Islamic Finance Law Firm, The Asset Triple A Awards 2009
  • Best Islamic Trade Finance Law Firm (EMEA) 2009, Trade Finance magazine