Banking and finance

Al Busaidy, Mansoor Jamal & Co

Client Satisfaction

The banking and finance practice at Al Busaidy, Mansoor Jamal & Co is a key port of call for clients due to its ‘market knowledge and vast experience in doing all sorts of transactions’. The team demonstrates notable aptitude for Islamic finance-related matters, including securing Sukuk, Musharaka, and Wakala loans in the energy, real estate, and shipping industries, among others. The team is frequently sought after by multinational clients for its local and cross-border strength, and represents clients for project financing, along with intra-bank-related matters. Mansoor Jamal Malik is sought after by clients for his extensive experience in project financing and finance acquisition matters, and co-heads the team with Marcus Perry, a notably experienced practitioner in cross-border finance transactions. Associate Zarrar Mir comes recommended by clients for his experience in high-value, complex finance-sector transactions, especially Islamic finance.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The Firm is very strong at making sure that Clients are receiving quality legal advice and document preparation even under the pressure of tight deadlines.’
‘Zarrar Mir stands out for his approachable nature, having a lawyer that you feel comfortable discussing specific details related to a transaction is extremely valuable when tasked with making important decisions within the context of a large financing.’
‘Knowledge on Islamic banking and finance structures and documentation. Fast turn-around time. Ease to approach team members including the senior partners. Market knowledge and vast experience in doing all sorts of transactions. Always abreast with the latest legal and regulatory framework.’
‘Zarrar Mir is knowledgeable, friendly, approachable, and technically strong.'
‘Good to work with.'
‘Zarrar Mir is fantastic - incredibly responsive and very helpful.'
'The team is very supportive and dedicated.'

Key clients

Arab Banking Corporation B.S.C.
Arab Bank Plc
Ahli Bank SAOG
Bank Muscat SAOG
Bank Muscat, Meethaq Islamic Banking
Bank Nizwa SAOG
Bank Dhofar SAOG
BBK B.S.C.
Commerzbank AG
Emirates NBD PJSC
First Abu Dhabi Bank PJSC
Gulf International Bank B.S.C.
HSBC
Jindal Shadeed Iron & Steel LLC
Mashreq Bank
National Bank of Oman SAOG
National Finance Co. SAOG
Oman Arab Bank SAOG
Sohar International Bank SAOG
Sohar Aluminium Co LLC
Taageer Finance Co. SAOG

Work highlights

Advised Ahli Bank SAOG on USD63m conventional and Islamic finance facilities to Sohar Titanium (FZC) LLC.
Advised HSBC Bank Middle East Limited, Gulf International Bank B.S.C. and Mashreq Bank on the establishment of their respective branches in Oman to undertake banking activities.
Advised Abu Dhabi Commercial Bank PJSC on a term loan credit facility to Energy Development Oman SAOC and EDO Gas S.P.C.