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.

"We’re delighted to be at the beginning of a partnership between two teams who share the same winning spirit and focus on supporting talent to achieve their potential. Everyone here has a great sense of pride and excitement to be working with Team England – a team that, after all, reflects just how much can be achieved by a diverse and varied group of individuals all focused on one goal. We can’t wait to get started."

Joanna Thornell, Client and Markets Director, Shakespeare Martineau