Ashurst‘s London office leverages its global network, particularly its practitioners in Dubai and Riyadh, to advise clients on structured transactions involving Sukuk, Shariah-compliant investment funds and Shariah-compliant hedging. Conor Funston heads up the London team and is experienced in advising governments, state-owned entities, central banks, government regulators and Islamic and conventional banks. Funston recently advised Ittihad International Investment LLC on their USD 100 million Shariah-compliant Sukuk issuance listed on the International Stock Exchange. Funston regularly draws on the office’s broader strengths across project finance, derivatives and capital markets.
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Work highlights

Advised Ittihad International Investment LLC on its USD 100 million Regulation S/Rule 144A Sukuk issuance listed on The International Stock Exchange.
Advised Sukuk Plc on changes to its GBP 1 billion Sukuk Issuance Platform listed on Vienna MTF.
Advised a Leading Financial Group in relation to the establishment of a Shariah-compliant UK-focused logistics fund.

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Conor Funston

Practice head

Conor Funston