Druces’ Capital Markets team has advised Essentially Group PLC (“Essentially”) on its subscription and admission to the AQSE Growth Market. Upon admission Essentially has become the first UAE based...
Christopher Axford
Head of Corporate
Druces for Business
Islamic Finance
Druces for Business
Islamic Finance
Our Islamic finance lawyers have extensive experience across our core areas of banking, real estate finance, investment, property and development.
We advise both conventional and Sharia’a compliant financial institutions, corporate counterparties, advisors and investors in dealing with transactions structured to be compliant with Sharia’a principles. We work with Sharia’a Supervisory Boards and in-house counsel to document these transactions.
Sharia’a compliant legal services
Our service includes bespoke Islamic finance advice, and our team has particular experience in dealing with structures such as:
- Cost Plus and Commodity Murabaha
- Wakala
- Ijarah
- Mudaraba
- Musharakah
Legal 500 commentary
The firm’s Islamic finance practice is recommended in the most recent edition of leading directory The Legal 500.
“I have found both Chris Axford and Suzanne Middleton Lindsley to be very open to discussing how to deliver good legal services as well as clearly setting out what they can and cannot do, which is very valuable in helping select lawyers.”
Recent work
- We advised a notable London bank on the terms of its new Islamic finance transactions. All of these facilities to date were to property developers and all involved development or refurbishment financing. Our advice included Sharia’a compliance advice.
- We advised a leading Islamic bank on various acquisition finance, property and development facilities, including a £30m financing, through a Murabaha structure of a large Midlands logistics hub.
- We advised a leading Islamic bank on the provision of acquisition finance facilities in connection with a management buy-out of a nationwide business.
- We acted on behalf of a Middle Eastern investor, advising on the finance aspects (including Sharia’a considerations) of a structured investment into a private school in the UK.
Who to Contact
Antony Cotton
Partner
How can we help?
To find out more about our services, please contact us on:
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