Financial Times FT.com

Resources

Loading the ranking table

Financial Services - Islamic finance 2009

Filter by law firm name

Filter table by entering law firm name or details
Search Show all

Advanced search


Search Clear all
Show all available fields

Add more information to your table

Firm
Award level
Innovation
Originality
Rationale
Impact
Total
Description
AshurstStandoutThe development of a unique structure in the US$1 billion Milestone Capital PCC Sukuk programme76821The firm has enabled its client Gatehouse Bank to benefit from a genuinely flexible platform, which is resistant to changes in Shari'a rulings and can have any type of asset plugged into it. With the potential to cut time and costs by up to two thirds, it is highly replicable
Clifford ChanceHighly commendedA huge Shari'a compliant securitisation in challenging economic circumstances77620The firm used a 500 year old Shari'a structure, the Mudaraba, as an investment trust. Making it renewable on a monthly basis ensured that capital could be returned and then reinvested. Recognised as both fully Western and Islamic
Herbert SmithHighly commendedAl-Qatrana cement project financing: the first Islamic multi-source financing to benefit from direct Export Credit Agency protection66618Groundbreaking Shari'a compliant financing covered by both German and the Finnish ECAs. Prior to this, ECA backed financings had been linked to Islamic structures, but this is the first time one has been developed to directly benefit from ECA backing
Herbert SmithCommendedThe first shari'a compliant Leveraged Buy Out, combining senior and mezzanine debt66517The firm developed a Shari'a compliant structure to source funds from an Islamic private equity house to buy MCAW Group. It involved a package of bespoke intercreditor agreements to surmount the Shari'a exclusion of such debt structures
Wragge & CoCommendedShari'a compliant foreign exchange swap56516Wa'ad promises were deployed to enable the first European Sharia'a compliant foreign exchange swap. This new product works to significantly simplify both paperwork and costs
Download this view as a PDF Output this view to Excel

Table Extract Options

1.Verify selected law firms

  • Placeholder

To change which law firms will be displayed, click "Cancel" and select or deselect rows before trying again. You can also choose to highlight a specific law firm within the results:

2.Select sort column and sort order

3.Select which columns to display

  • Placeholder