Firms in the Spotlight Banking and finance

ASAR - Al Ruwayeh & Partners

ASAR - Al Ruwayeh & Partners logo

ASAR ‒ Al Ruwayeh and Partners is an award-winning law firm operating in the State of Kuwait since 1977, and in the Kingdom of Bahrain since 2006. The firm is considered a leading tier one corporate law firm and the largest full service corporate and commercial law firm in Kuwait. ASAR is one of the …

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Banking and finance in Kuwait

Al Markaz Law Firm

Al Markaz Law Firm's client roster is made up of leading national banks, global financial institutions and investment groups. Noted for its strong track record in Islamic and conventional banking work, the team frequently acts as local counsel alongside international law firms. It has expertise in corporate finance deals, project finance, and asset finance transactions, among others. Practice head Ayman Nada advises local and foreign clients on cross-border finance transactions and capital markets work. Other members of the team include English-qualified barrister Nazih Hameed, who has experience of structured finance matters, and Zafar Iqbal.

Practice head(s):

Ayman Nada

Other key lawyers:

Nazih Hameed; Zafar Iqbal

Al Oula Law Firm (Adel Abdulhadi & Partners)

Al Oula Law Firm (Adel Abdulhadi & Partners) is a strong choice for advice on project finance and investment banking transactions, as well as debt restructurings and capital markets regulatory issues. Fayez Al Dosari leads the team, which has considerable experience of acting for clients operating in the pharmaceutical, finance and real estate sectors. Sanabil Jafar leads the international law department at the firm and is also a key contact.

Practice head(s):

Fayez Al Dosari; Sanabil Jafar


‘I feel safe when I deal with Al Oula Law. The firm has strong legal knowledge in the banking and finance arena and I know that it will put all efforts to secure my best interest.’

‘The team is knowledgeable, smart and easy to deal with. Sanabil Jafar is a smart lawyer providing on-point legal advice/solutions in financial related matters.’

‘Al Oula are very responsive and their advice is clear and practical.’

‘We work principally with Sanabil Jafar. She is very sharp and engages with the facts of our case and the overall strategy in a way that inspires confidence. She is also very responsive and a pleasure to work with.’

Key clients

Yiaco Medical Company

Green Carbon Company

Boyua & Aamal for General Trading & Contracting Company

Rou’a Al Hayat for General Trading Company

Mr. Bassam Al Saqran

Mr. Suleiman Al Saqran

Mr. Hesham Al Saqran

Mrs. Mona Mousa Al Sarraf

Mr. Mustafa E. A. Al Saleh

Work highlights

  • Advising Atsumi & Sakai on legal and regulatory framework of finance lending under the Kuwait laws.
  • Representing a client in banking litigation related to Islamic financing structure facility.
  • Representing a client in bank negotiation for loan restructuring.

Al Tamimi & Company

Bolstered by its strong regional presence, Al Tamimi & Company handles high-end domestic matters, including debt capital markets transactions for Kuwaiti companies and leading financial institutions. Other work involves syndicated loans, acquisition finance, project finance and derivatives. Practice head Omar Handoush has a track record in Islamic finance and conventional finance transactions. He works with senior associate Madhurima Basi, who was previously legal counsel at Abu Dhabi Commercial Bank and advises on shari’ah compliant transactions.

Practice head(s):

Omar Handoush

Other key lawyers:

Madhurima Basi


‘The team is knowledgeable and responsive. Their client-facing service is probably the best in the Kuwait market.’

‘Omar Handoush (Partner) and Madhurima Basu (Senior Associate) are both highly recommended. Their advice is commercially focused and always delivered in a professional manner.’

‘Omar Handoush and his team are top quality lawyers that are responsive and are the lawyers that you want in Kuwait on any local law matter.’

‘Omar Handoush is responsive, professional and a stellar lawyer.’

‘What is somewhat unique about them and differentiates them from some of the other law firms in Kuwait is their responsiveness! They are very easy to get a hold of by email or telephone (or even WhatsApp or text messages), and they respond very promptly if contacted by email.’

Key clients

Commercial Bank of Kuwait K.P.S.C.

Emirates NBD Bank PJSC

Abu Dhabi Commercial Bank PJSC

National Bank of Kuwait S.A.K.P.

Burgan Bank K.P.S.C.

Kuwait Finance House K.S.C.P.

Warba Bank

Axis Bank

Boubyan Bank K.S.C.P.

Standard Chartered Bank

Morgan Stanley & Co. International

Industrial and Commercial Bank of China Limited

Deloitte & Touche

Wells Fargo

Bank Muscat SAOG

Societe Generale

State Street

Alafco Aviation Lease And Finance Company No

EFG Private Bank No

Vallourec Tubes SAS

Work highlights

  • Represented the National Bank of Kuwait S.A.K.P. and Kuwait Finance House K.S.C.P in a syndicated project financing in an amount of KD 61,250,000 (USD 202,567,000) for LİMAK İNŞAAT SANAYİ VE TİCARET A.Ş. in connection with the KD 169,000,000 (USD 558,918,000) contract with the Ministry of Public Works.
  • Advised and issued opinion to the International Swaps & Derivatives Association regarding enforceability of E-contracts in Kuwait.
  • Represented Kuwait Finance House, as financier and investment agent, in relation to a Murabaha Facility (with accordion features) of up to KD 100 million with Gulf Bank K.S.C.P. to be used for the company’s general corporate purposes.

NEN International

NEN International is active in capital markets transactions and debt restructuring matters, and its team is also increasingly active in fintech-related mandates. The managing partner and founder of the firm is Nader Al Awadhi, who is experienced in local regulatory work and international investments. Other core members include Kashif Syed.

Practice head(s):

Nader Al Awadhi

Other key lawyers:

Kashif Syed


Nader Alawadhi has superb knowledge of business law and the banking industry, as he guided us through the whole process.

The team at Nader Al Awadhi is considered one of the top tier legal teams in Kuwait. They are graduates of the top universities in the world and they bring diversity to the table in terms of nationalities and gender. They are very timely and professional in their work and they ensure that they go above and beyond the scope agreed. They always strive to add value to any legal discussion or brainstorming session. The team has a very well kept office with the latest technology for the convenience of the clients.’

Nader Al Awadhi is one of the go-to names that come to mind whenever we are faced with a legal dispute or if we have some legal documentation to be reviewed.

Found the team to provide their services around the clock when needed, through personal communication of the work team to solve problems and provide legal support which is reassuring.’

Key clients

Aayan Leasing and Investment Company KSC

Vectrus Systems Corporation

A’ayan Real Estate

ICBC Bank, Kuwait

The Shared Electronic Banking Services Co. (KNET)

Venture Capital Bank BSC



Work highlights

  • Advising Aayan Leasing and Investment Company on releasing securities accumulating to KD 25 million (US$83 million). Securities were both mortgaged real-estate as well as Kuwaiti Listed Stocks.
  • Assisting Ottu with raising capital for structuring of international investment and operations helping the company increase its evaluation to US$33 million.
  • Advising ICBC Bank Kuwait Branch on a wide variety of day-to-day banking law and procedures related issues including a US$70-million facility agreement with the Commercial Bank of Kuwait.