Trowers & Hamlins LLP
Trowers & Hamlins LLP’s banking and finance team acts for a diverse range of regional and international financial institutions, as well as the Central Bank of Bahrain licensees on their in-country and regional finance initiatives and broader regulatory requirements. Although maintaining a broad spread of conventional lending work, the practice is particularly known for its in-depth expertise in Islamic finance, encompassing capital markets, traditional financing products and repos and derivatives in the Islamic financing space. International managing partner and practice head Jeremy Ingham offers extensive experience across contentious and non-contentious restructuring and insolvency work, acting for banks, financial institutions, corporates and insolvency practitioners. With a strong focus on debt capital markets and Islamic finance, Bilal Kahlon regularly advises on Shariah-compliant and sukuk transactions in Bahrain and Saudi Arabia. Salman Ahmed in Oman is another key figure and is the main client partner for Ahli United Bank following its conversion from a conventional to an Islamic bank.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
'Flexibility, geographical presence in key countries, good coordination among the team's members across different practices and expertise.'
‘The team is quite diverse in terms of skillset and their knowledge of complex issues.’
‘Bilal Kahlon is an exceptional lawyer in the team and is diverse in his skillset and experiences. He is solution oriented and client centric.’
'Availability, swift responsiveness and flexible accommodation to business requests.'
Key clients
- Ahli United Bank B.S.C.
- Bank of Bahrain and Kuwait B.S.C.
- Venture Capital Bank
- Al Salam Bank B.S.C.
- Al Kifah Holding Company
- Standard Chartered Bank
- 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
Work highlights
- Advising Ahli United Bank on its proposed conversion from a conventional bank to an Islamic bank, which is a first-of-its-kind conversion exercise in the region.
- Acting as lead adviser to Al Baraka Islamic Bank , as documentation bank, and the syndicate of financiers in connection with a $200m syndicated Murabaha facility made available to The Oil and Gas Holding Company.
- Advised Bahrain Steel in relation to the $100,000,000 financing facility provided by Mashreqbank PSC.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
Jeremy Ingham