Akhund Forbes is skilled at handling high-value and complex transactions. It advises on a broad spectrum of capital markets matters including advising central depository companies, stock exchanges and real estate investment funds on various matters. The agile team frequently advises on IPOs, rights and bonus issues in addition to the issue of bonds, sukuks and other capital market products. Head of department Rabel Akhund is well-respected for his advice to local companies on various capital market regulations and continues to advise on some of the largest and most novel transactions that come to the market. Sahar Iqbal is another recognised name for her work in this area and advises many important asset management companies.

Haidermota & Co Advocates remains a first choice for major clients in the capital markets sector and routinely advises on the most complex debt-equity and securities offerings both domestically and where there is a cross-border dimension to the deal. It has significant expertise in listings, real estate investment trusts, and other matters such as insider trading and regulatory matters. In addition, the agile team has substantial knowledge of other areas such as convertible debt offerings, bonds, and private placements. Clients include corporate entities, banks, and other financial institutions as well as foreign equity firms. Ali Vasi and Mohammad Anwer are the key names to note in the team that is led by Khozem Haidermota.

Mohsin Tayebaly & Co frequently acts as legal counsel for both issuers and trustees on the issue of corporate debt instruments by way of redeemable capital and term finance certificates. Head of department Irfan Tayebaly is well regarded.  Vaseeq Khalid and Mehreen Manto  are the other main contacts - all of whom frequently advise on the structuring of international and local debt and equity financing matters. The team is adept at advising on a myriad of issues from Sukuk to commercial papers and restructurings as well as syndicated based financing.

The capital markets department at Ijaz Ahmed & Associates has been involved in and has drafted a substantial amount of the subordinated legislation, regulation and market practice for the country’s stock and commodity exchange as well as the clearing and depository systems in Pakistan. Equally the firm has been active in a considerable amount of capital markets litigation. Ijaz Ahmed and Altaf Qureshi are known names in this sector and receive a steady flow of instructions from some international law firms.

Orr, Dignam & Co. has substantial experience in IPOs, company restructurings, and due diligence reports as well as on all aspects of insider trading. It continues to advise various entities on potential capital market acquisitions in addition to advising companies on the legal issues that arise on the issue of capital. The department regularly advises foreign companies on the legal and regulatory framework for investment in Pakistan. Aliya Yusuf and Zahir Riaz are among the primary contacts.

Mustafa Mumtaz is a key contact for capital markets work at Liaquat Merchant Associates.