Case Studies

  • Client:
    An Islamic bank
  • Sector:
    Banking & Financial Services
  • Area Of Law:

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.

"This is exactly why we like to work with people who understand the industry and can identify potential issues and create solutions."

Jon Saltinstall, Senior HealthCare Banking Consultant, Lloyds Bank