Islamic Finance

Islamic Finance - Australia

At the forefront of Islamic finance  legal services

From the first Shariah compliant commodity financing in Australia to representation on AFMA’s Islamic Finance Working Group, we lead the domestic market in Islamic finance developments.

Our Islamic finance lawyers advise on:

  • Murabaha (cost-plus financing)
  • Ijara (lease)
  • Musharaka (partnership)
  • Mudaraba (investment agency)
  • Bai Bithaman Ajil (sale and repurchase structure)
  • Sukuks (Islamic bonds)
  • Islamic funds
  • Shariah-compliant financings in the energy, infrastructure and property sectors.

As our client, you benefit from working with a team whose experience includes acting for a leading Gulf Cooperation Council (GCC) finance house on a Murabaha structure including the establishment of Shariah-compliant investment funds in Australia and advising on Tawarruq structures.

We also acted as the lead arranger of the bridge loan and take-out financing for the leveraged buy-out of Maxis Communications in Malaysia, which included a M$12 billion Islamic senior bond issue (Sukuk al Musharaka) and a M$3 billion Islamic hybrid junior bond issue. This was Malaysia’s largest Sukuk issue to date and an Asiamoney and Finance Asia award-winning transaction.

We have a full team specialising in this area.

Discover our latest insights into legal issues affecting your business

It provides advice on the design and implementation of Australia’s Open Banking system and is the first stage in a broader consumer data right.

09 February 2018