At AJ & Associates, we bring decades of experience working with Islamic financial institutions including the Islamic Development Bank and DMI Trust. We have extensive experience in structuring, documenting and negotiating complex transactions and developing
innovative Shari’ah-compliant instruments, including in relation to asset finance, bank finance, regulation, project finance,
hedging and other structures including Sukuk issuances (both asset-based and asset-backed).
We combine deep knowledge of Islamic financing techniques with a comprehensive understanding of tax and regulatory requirements to assist in the development of market leading products in line with Sharia’a requirements.
We have expertise in managing complex transactions that combine Islamic and conventional financing as well as providing legal advice and preparing legal documentation for project financing in the various compliant modes of financing including, but not limited to:
Profit-and-loss sharing partnership (mudarabah)
Profit-and-loss sharing joint venture (musharakah); diminishing partnership and permanent musharkah
Cost plus contract (Murabaha); Leasing (Ijarah); Contract to Build/Manufacture(Istisna’a) and Installment Sale
Investment Vehicles such as Sharia-compliant Equities and fixed income instruments and Sharia-compliant bonds (Sukuk).
Establishing Waqf (Endowment/Trust) Funds and Waqf investments.
AJ & Associates have extensive experience advising financial institutions, negotiating, drafting and reviewing of financial
agreements, managing financial liabilities and helping structure transactions to protect their clients’ legal and commercial
interests.
We provide a one-stop solution for product development requirements, from design to implementation.
We offer our clients legal advice on a wide range of issues related to matters including energy, infrastructure and
project development (including public-private partnerships) and corporate and commercial law, debt and equity capital
markets, banking and project finance as well as international trade transactions.
We develop financial instruments, prepare legal documentation for project financing, review and document complex structured financings in various sectors in compliance with the international best practices and applicable laws.
We prepare and review legal documentation an assist in the preparation, negotiations and supervision of the execution of
relevant documents necessary for the transactions and review guarantees and security packages.