Islamic Finance

With introduction of the Islamic finance after the amendment of the Financial Institutions Act in 2016, our practice has grown to include skillset and the ability to offer our clients combined technical expertise in conventional banking transactions with an in-depth understanding of the principles of Islamic finance.

Signum Advocates has de­tailed un­der­s­tand­ing of the con­ven­tio­n­al and Sharia prin­ci­ples gov­ern­ing Is­lam­ic fi­nance, evolv­ing fi­nanc­ing tech­niques and the pri­mary fac­tors fos­ter­ing and af­fect­ing de­vel­op­ment in this fast chang­ing sec­tor. Le­gal com­plex­i­ties in the past have in­clud­ed spe­cif­ic ju­ris­dic­tio­n­al con­cerns, com­mer­cial is­sues, tax­a­tion, ac­count­ing and other reg­u­la­to­ry con­sid­er­a­tions.

Our team as­sists clients in find­ing the most cost-ef­fec­tive way to raise cap­i­tal in pri­vate place­ments, and purchase and sales of se­cu­ri­ties. They struc­ture com­plex fi­nan­cial prod­ucts that of­fer our clients new rights and op­por­tu­ni­ties in re­strict­ed sec­tors such as re­al es­tate and fa­vor­able tax regime ben­e­fits in the de­vel­op­ment of their pro­jects. Fur­ther­more, they of­fer as­sis­tance to clients in­ter­est­ed in the de­vel­op­ment of se­cu­ri­ti­za­tion schemes and Sharia-com­pliant in­vest­ment funds and prod­ucts.