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Thursday, 14 August 2014

Law firm's Islamic finance team enjoys growing success

One of the Westcountry’s biggest regional law firms is making waves internationally thanks to its specialist Islamic finance team.
Foot Anstey’s Islamic Finance team has enjoyed one of its busiest months in June when its experts completed two significant transactions for 90 North, an independent investment advisory firm, specialising in Shari'ah compliant real estate investments.
The team is the only one providing this specialism in the UK, outside of London.
Partner and head of the fast growing team, Imam Qazi together with support from associate Ben Brodie completed the £10.9 million sale of 90 North's L'Oreal LUXE logistics headquarters at Sherwood Park.
Following on, the team advised and completed a structured investment into a substantial residential development at Crossharbour, near Canary Wharf.
Mr Qazi said the fast growing, busy team was continuing apace and most recently welcomed Islamic finance director, Fara Mohammad from Norton Rose Fulbright.
The team, which covers the whole country for Foot Anstey and has 10 staff, provides a range of services and bespoke Islamic finance advice to a number of key players in the UK Islamic finance market and advises conventional and shariah compliant financial institutions, investment advisory firms and Middle Eastern investors on high-value, complex transactions.
Set up just three years ago, the Islamic Finance team has won work and advised on projects across the country and globe.
The team is led by Mr Qazi, who earlier this year was recognised by the trade journal The Lawyer as being amongst the most "innovative and inspirational" lawyers in the legal industry lawyers by his appearance in the Hot100.
He said: "The Islamic Finance market is buoyant and we are delighted to be at the heart of this important financial industry for the UK.
"The first six months of the year have been busy and we're looking forward to continuing in this vein.”
(Western Morning News / 13 August 2014)
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