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.