Phone_number 00966112933777 Mail_id Fax_number 00966112933888 License_number MOJ License No.109/23

Islamic Finance & Banking

Islamic Finance & Banking

Shahrani Law Firm support clients on traditional types of Islamic Finance including, Murabaha ( for purchase order MPO), Musharaka, Mudarabah, Salam ( and Parallel Salam), Istisna'a, Operating Ijarah and Ijarah Muntahia Bittamleek ( IMB), Project Islamic Finance, Real Estate Financing, differed payment arrangements accompanied by insurance from Islamic Finance Institutions. Our mandates come from Islamic banks and financial institutions and from companies, and single investors / traders as well. We negotiate the deals and prepare full documentation.

We act in confidence from intent declaration or entry into MOUs, transaction formulation, contract drafting, review, negotiation up to conclusion. Our team members have participated in deals reaching billions of SAR in KSA and cross-boarders. We have expertise in Islamic Lines of Credit for trade and export support.

We assist clients in applying for Saudi Industrial Development Funds, Small & Medium Enterprises Loan Guarantee Program (SMELGP), and Agricultural Dev. Fund (ADF), and Real Estate Dev. Fund (REDF), in addition we assist developers in negotiating with and forging partnerships with REDF in compliance with Sharia'h.

We also provide advice on Islamic Sukuk and on Initial Public Offering ( IPO);

Shahrani Law Firm is acts as Legal Advisor for companies interested in IPO in KSA, we draft all necessary documentation for transformation, announcements and prospectus. We work closely on daily basis with the Client to ensure that all regulatory requirements are met.

Some of our services:

  • The establishment and licensing of new Islamic Financial businesses.
  • Advise on compliance and governance for banks and financial institutions.
  • Business models and Bank Product review in Islamic Finance for compliance to Sharia'h.
  • Advise on Anti-money laundering and Counter Terrorist Financing.
  • Advise on meeting CMA's directives and regulatory requirements.
  • Advise on investment in listed companies' shares in the Saudi financial market for qualified foreign Islamic financial institutions.
  • Advise clients on any investigations by General Prosecution and Investigation Bureau in KSA.
  • Defend clients against enforcement actions by regulators.