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.
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