Salman Ahmed leads the banking and finance department at Trowers & Hamlins LLP, which handles a diverse array of transactional work encompassing conventional and Islamic finance, including Sukuk, high-value syndicated loan financing, and finance restructurings. Ahmed’s background in Islamic finance is augmented by Kuala Lumpur-based Elias Moubarak's experience in the Omani market, particularly in financing and debt capital market-related matters. Associate Debopam Dutta is a key member of the team, and is sought after for both convention and Islamic banking matters in the GCC.

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Testimonials

Collated independently by Legal 500 research team.

  • ‘Dedication and commitment to the getting the job done within the set timelines. Problem solving and getting all parties involved to resolve pending issues.'

  • ‘The experience, attention to detail, and hands on approach is appreciated the most. Additionally, the commitment to meet deadlines and follow up with parties to resolve issues.'

Key clients

  • Aseem Infrastructure Private Limited
  • Deutsche Bank AG
  • Oman International Development & Investment Co. S.A.O.G
  • Bank Muscat SAOG
  • National Bank of Oman SAOG
  • Ahli Bank SAOG
  • Electricity Holding Company
  • Takaful Oman SAOG
  • Sohar International Bank SAOG (Sohar International)
  • Oman Development Fund Company SAOC
  • Bank Dhofar
  • Al Omaniya Financial Services
  • State Bank of India
  • Bank of Baroda
  • Canara Bank
  • ICICI Bank
  • Bahrain Development Bank
  • Meethaq Islamic Banking
  • Maisarah Islamic Banking
  • Gulf International Bank B.S.C.
  • Bank Nizwa
  • Alizz Islamic Bank
  • Bank of Bahrain and Kuwait
  • OQ
  • First Abu Dhabi Bank PJSC
  • Abu Dhabi Commercial Bank PJSC
  • Arab Banking Corporation (B.S.C.)

Work highlights

  • Advising two syndicates of more than 10 international, regional and local banks in relation to the OMR108.8m and USD556.8m refinancing and consolidation of several facilities that has been made in favour of two NAMA group entities.
  • Advised Maisarah Islamic Banking and Bank Nizwa on their capacity as issue managers in relation to the Oman government's sovereign OMR76.3m Sukuk issuance.
  • Advised Oman International Development and Investment Company S.A.O.G. on the issuance of OMR13.3m mandatory convertible bonds.

Practice head

The lawyer(s) leading their teams.

Salman Ahmed

Other key lawyers

Elias Mubarak, Debopam Dutta