Trowers & Hamlins LLP is a leading adviser on conventional and Islamic finance, with particular strength in Shariah-compliant capital markets, structured finance, and debt restructuring, regularly representing major financial institutions. Jeremy Ingham leads the practice. Bilal Kahlon and Salman Ahmed leverage extensive market experience to act on a range of domestic and cross-border transactions. Abdullah Rauf Puri and Debopam Dutta also come recommended.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Strong knowledge in banking and Islamic finance (theory and practice). Strong Islamic product structuring skills catering for the business needs in coordination with the in-house legal and sharia controllers. A diverse team with excellent cross-border coordination and allocation of the tasks among the team members.’

  • ‘The individuals are holistic in their approach, business oriented, flexible and have excellent communication skills among different teams within the firm and with us as their client.’

  • ‘The team provides timely and accurate advice that meets our commercial needs. The team has a clear and in-depth understanding of our banking practice and our business requirements. Moreover, the team is very responsive, provides accurate timeframe which enables us to manage expectations internally, and is always a pleasure to work with.’

Key clients

  • Al Salam Bank B.S.C.
  • Al Kifah Holding Company
  • Al Waha Venture Capital Fund of Funds 1
  • National Bank of Bahrain
  • Naseej B.S.C. (c)
  • Sayacorp
  • Gulf International Bank B.S.C.
  • The Arab Investment Company S.A.A.
  • State Bank of India
  • Bahrain Development Bank
  • Investrade
  • Gulf International Bank
  • GFH Financial Group
  • Standard Chartered Bank
  • BBK
  • SICO
  • Al Baraka Islamic Bank
  • Bank ABC
  • Bahrain Steel
  • ASMA Capital Partners
  • Central Bank of Bahrain
  • Ahli United Bank
  • ICICI Bank

Work highlights

  • Advised Ahli United Bank B.S.C. on its proposed conversion from a conventional bank to an Islamic bank.
  • Advised Bahrain Steel B.S.C. (c) E.C. in relation to a USD 450,000,000 sustainability linked term facility and working capital facility (based on Islamic and conventional structures) extended by a syndicated of banks including Bank ABC and Mashreq.
  • Advised KHCB Tier 1 Sukuk Limited (KHCB) and the Certificate holders, on the redemption of the outstanding USD159,151,000 Additional Tier 1 Capital Certificates which constituted Additional Tier 1 Capital of Khaleeji Bank.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Jeremy Ingham

Other key lawyers

Bilal Kahlon, Salman Ahmed, Abdullah Rauf Puri, Debopam Dutta