Islamic finance

Islamic finance isn't a barrier to getting deals done. Using the correct Islamic principles - and the right advisers - any transaction can be conducted in a Shariah-compliant manner.

As the Islamic finance market increases in size and confidence, global financial institutions have recognised the need to offer Shariah-compliant services to Muslims clients and tap into the wealth of the Gulf.

With a specialist team in the UK, plus access to an international network of firms, Wragge & Co offers advice on conventional and Shariah-compliant products, financings and investments. Led by banking & finance partner Chris Brierley, supported by specialist Kazi Rahman and partners from across the firm, the Islamic Finance team boasts lawyers with technical expertise and an ability to develop and structure innovative, commercial and Shariah-compliant solutions.

The team's advice covers all areas of Islamic finance contracts, including bai salam, ijara, istina / salaam, mudaraba, murabaha, musharakah and sukuk. Its experts were commended in the 2009 Financial Times Innovative Lawyers report for a complex, Shariah-compliant foreign exchange swap. In addition, Kazi Rahman has been nominated and named by Islamic Finance News as a leading lawyer in the Islamic Banking & Finance category of the 2010 Leading Lawyers Report.

As well as providing stand-alone advice, the team supports experts in other practice areas. It provides Shariah-compliant advice in asset finance, banking and liquidity, corporate finance, project finance, regulatory, structured finance, tax, aviation, automotive and real estate.

Understanding the principles and values of Islamic Finance requires total market immersion. The team works regularly with financial and industry experts across the globe. Clients include financial institutions, conventional banks, Islamic banks - locally and on an international platform - central banks and government agencies, companies, vehicles manufacturers and funds.

Access to Islamic finance networks enables the team - and its clients - to keep up to date with the latest trends and evolving techniques affecting Islamic Finance. Wragge & Co is a member of the Islamic Finance Working Group and the International Financial Services London Islamic Working Group.

For more information about Islamic finance, contact Chris Brierley (chris_brierley@wragge.com) or Kazi Rahman (kazi_rahman@wragge.com).