The banking team at BSA Al Rashdi & Al Barwani Advocates & Legal Consultants combines ‘deep-rooted expertise in banking and finance law with an extensive understanding of the financial markets in Oman and the broader MENA region’. Under the leadership of Arsalan Tariq, the group is well known for its strength in Islamic finance, corporate and acquisition finance and debt issuance work. Capital markets matters are a growing area of instruction for the team; Tariq regularly advises on local and international bond and Sukuk issuances.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The practice distinguishes itself through a combination of deep-rooted expertise in banking and finance law, coupled with an extensive understanding of the financial markets in Oman and the broader MENA region. The team has strong competencies in syndications, DCM, project finance, and structured finance, which provides clients with a comprehensive service offering. A diverse team that understands both local and international banking regulations, they are well-equipped to serve clients who operate in a multi-jurisdictional environment.’

  • 'Arsalan Tariq has been instrumental in several high-profile deals, demonstrating an extraordinary ability to navigate complex regulations. His understanding of both local and international law is impeccable.'

  • ‘This practice is uniquely positioned in the field of banking, finance, and Islamic finance and is one of the very few law firms in Oman who have Islamic finance capabilities. The team is known for structuring complex financial transactions, providing strategic legal advice, and delivering tailored solutions to meet specific needs. Notably, the practice has a very state-of-the-art transparent billing system, further enhancing its client-centric approach.’

  • 'Arsalan is a standout Islamic finance expert known for his knowledge of Islamic finance.’
  • 'Arsalan Tariq exemplifies this commitment through their exceptional legal acumen and unwavering client focus. Their ability to navigate complex legal issues while maintaining a client-centric approach is truly remarkable. ’

Key clients

  • Maisarah Islamic Banking Services, Islamic window of Bank Dhofar SAOG.
  • Fisheries Development Oman
  • Oriental Shrimp Aquaculture LLC
  • Ahli Bank S.A.O.G.
  • MB Holding Company LLC
  • National Bank of Oman
  • Latham and Watkins / Mastercard
  • Muzn Islamic, Islamic window of National Bank of Oman

Work highlights

  • Advised National Bank of Oman on a OMR 670,000,00 restructuring of Zubair Group and its subsidiaries.
  • Advising Muzn Islamic on the extension of a OMR 30,000,000 financing to Oman REIT Fund for acquiring a portfolio of real estate assets in Oman on Diminishing Musharakah basis.

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.

Arsalan Tariq