An Established Islamic Finance Sector Serving the Vast Majority of the Saudi Market
Islamic finance is not a marginal alternative in the Kingdom but effectively the dominant financing mode, meaning institutions operating in this sector need precise legal understanding combining both Sharia requirements and SAMA's regulatory oversight simultaneously, a combination only a lawyer specialized specifically in this field can master.
Murabaha, Ijara, and Musharaka Contracts
We review and draft Murabaha, Ijara, and Musharaka contracts, confirming Sharia and regulatory compliance and clarity of parties' obligations, accounting for the fine distinctions between each structure in terms of ownership transfer and risk allocation between the financier and the client.
Takaful Insurance Policies and Their Disputes
We handle Takaful insurance policies and their disputes, a structure widely used by individuals and businesses in the Kingdom, and represent policyholders when a claim is denied or a disagreement arises over the surplus distribution mechanism among participants.
Sharia Oversight and Dual Regulatory Compliance
Every Islamic finance product needs approval from an internal Sharia oversight board alongside compliance with SAMA regulations, and we help institutions design their products to pass this dual test from the outset, avoiding product rejection or withdrawal after launch.
Islamic Sukuk as a Financing Tool for Major Projects
We help entities wishing to issue Islamic sukuk to finance major projects structure the issuance in compliance with Capital Market Authority standards and approved Sharia controls, a process requiring precise coordination among several advisory parties.
Islamic Finance Disputes Between Financier and Client
We represent parties in Islamic finance disputes, particularly over payment default and the Sharia-compliant restructuring mechanism, fundamentally different from restructuring mechanisms in conventional interest-based finance.
Islamic Finance for Individuals: Real Estate and Personal Financing
We help individuals review Sharia-compliant real estate and personal financing contracts before signing, to ensure they fully understand the profit calculation mechanism and their rights when wishing to make early repayment.
How We Start With You
Send us the contract or financial product of interest on WhatsApp. We review it from both the Sharia and regulatory angles together, which is what distinguishes our expertise in this particular sector.