hmed has extensive experience in advising lead bank arrangers on complex structured syndicated financings with cross border security, primarily specialising in Shariah compliant syndications in the Middle East, Turkey, Central Asia and South East Asia. His particular expertise is advising, drafting and negotiating on murabaha (both goods and commodity), ijara, musharaka, mudaraba and istisna contracts.
Ahmed’s experience in the Islamic finance arena, coupled with close working relationships with Shariah co-ordination teams of banks, has led to an awareness and understanding of the varying Shariah principles of Shariah boards of Islamic banks. He has been the lead counsel on a number of high value financings with values in excess of US$1 billion.
During the global financial crisis, he has acted on a number of high profile restructurings and refinancings, including advice to financial institutions on co-ordinating and steering committees on their exposure to the Dubai debt crisis and the Bahrain political crisis. Ahmed has also reviewed and advised on Shariah compliant banking products such as bank to bank murabaha deposits.
Simmons & Simmons:
From our offices in major business and financial centres throughout Europe, the Middle East and Asia, we view the world through the lens of our key sectors: asset management and investment funds, energy and infrastructure, financial institutions, life sciences and technology, media and telecommunications (TMT).
For our clients this means they benefit from a law firm fully focused on their sector, wholly understanding of the challenges that they face and completely tuned in to their needs.
Over the decades we have been careful to build our international presence using a combination of local lawyers with demonstrable local knowledge and fully integrated teams acting together at a global level.