Drawing upon the expertise of a number of Islamic finance practitioners and also able to leverage resources from the broader corporate, finance and real estate practice groups, Druces LLP continues to advise a fairly balanced mix of banks, funds, high-net-worth individuals and corporates across a broad swathe of Shariah-compliant structures. Corporate head Christopher Axford is central to much of this work, including advice on Murabaha transactions and a growing amount of sukuk issuances. Antony Cotton and Suzanne Middleton-Lindsley co-head the practice alongside Axford, with both handling a raft of real estate financings including for the team's flagship client, a British Shariah-compliant bank.

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Key clients

  • Bank of London and The Middle East
  • WIDR Group
  • Astute Capital
  • UV Cap3 Plc
  • Propiteer Capital plc
  • XVIR Healthcare Plc
  • Praetorian Wealth Holdings PLC
  • RZQ Finance SPV 1 Ltd
  • UV Care Series 1
  • GIFS UK Ltd

Work highlights

  • Advised the Bank of London and The Middle East on a number of Commodity Murabaha transactions ranging from £10m to £30m in value.
  • Advised Propiteer Capital plc on its sukuk listing on the Gibraltar Stock Exchange.
  • Advised RZQ Finance on its sukuk programme listing on the Vienna Stock Exchange.

Practice head

The lawyer(s) leading their teams.

Antony Cotton, Christopher Axford, Suzanne Middleton-Lindsley

Other key lawyers

Claire Rigby