Case Studies

Sharia-compliant-advice
  • Client:
    An Islamic bank
  • Sector:
    Banking & Financial Services
  • Area Of Law:
    Banking

Sharia compliant advice

We acted for an Islamic bank in connection with Sharia compliant Commodity Murabaha Facility of £44.2m to a company registered in Guernsey for the refinancing and redevelopment of the property and increasing the number of residential apartments at the property.

The transaction included our Banking, Property and Construction teams reviewing the deal structure, together with preparing security documents and the appropriate construction warranties to benefit the Bank.

"They are very professional, respond promptly, always discuss the monthly bill and have, so far, provided us with excellent advice in connection with employment issues. I have been very satisfied."

Andrew Argyle LLB, Practice Director, Potter Clarkson LLP