Islamic Finance

In a changing world we acknowledge the importance of the role Islamic finance plays in the global economic landscape. Achour law firm Islamic Finance Practice provides clients global coverage and an in-depth understanding of Islamic finance matters and principles.

Our Islamic finance lawyers and practitioners have extensive Islamic finance experience across the core practice areas of banking, project finance, capital markets, restructuring, mergers and acquisitions (M&A), investment funds and dispute resolution. The firm advises corporations, governments, banks, sponsors, export credit agencies, investment funds and other investors on Shari’ah-compliant transactions.

We act for Islamic banks, corporates and investment houses to whom we offer advice on Islamic finance transactions across a number of practice areas, including capital markets, project finance, banking, derivatives and structured finance, funds and taxation.

One of the key strengths of our Islamic finance practice is our ability to combine our technical knowledge of Tunisian law in conventional and Islamic finance transactions with our in-depth understanding of the principles of Sharia acquired through our close relationships with Sharia scholars and supervisory committees.

We have an in depth knowledge in the provision of working capital finance to companies structured by way of murabaha, mudaraba or wakala.  Murabaha transactions have been used in some cases to provide cash and in others to provide stocking finance.  The wakala has been used to finance specific orders for customers, funding both the acquisition of stock and the receivables from the sale of the finished goods.  We are experienced on financing different types of capital equipment by way of ijara.

We are also well positioned to be involved in the establishment of a sukuk structure for banks and investors.

We can also assist you to adapt your commercial transactions to the requirements of Islamic property transactions such as diminishing musharakah.

Our areas of work include:

• Credit facilities and real estate acquisitions involving Musharakah partnership arrangements.
• Investment funds
• Islamic capital markets
• Islamic mortgage products
• Project finance through Istisna’a and Ijara Mawsufah fi al Dhimmah tranches.
• Shariah compliant transactions
• Takaful insurance policies.

We can also help you with :

• Banking & Finance
• Corporate finance
• Real estate finance
• Shipping finance