Drawing upon the expertise of a number of Islamic finance practitioners and also able to leverage resources from the broader corporate, finance and real estate practice groups, Druces LLP continues to advise a fairly balanced mix of banks, funds, high-net-worth individuals and corporates across a broad swathe of Shariah-compliant structures. Corporate head Christopher Axford is central to much of this work, including advice on Murabaha transactions and a growing amount of sukuk issuances. Antony Cotton and Suzanne Middleton-Lindsley co-head the practice alongside Axford, with both handling a raft of real estate financings including for the team's flagship client, a British Shariah-compliant bank.
Legal 500 Editorial commentary
- Profile
Key clients
- Bank of London and The Middle East
- WIDR Group
- Astute Capital
- UV Cap3 Plc
- Propiteer Capital plc
- XVIR Healthcare Plc
- Praetorian Wealth Holdings PLC
- RZQ Finance SPV 1 Ltd
- UV Care Series 1
- GIFS UK Ltd
Work highlights
Advised the Bank of London and The Middle East on a number of Commodity Murabaha transactions ranging from £10m to £30m in value.
Advised Propiteer Capital plc on its sukuk listing on the Gibraltar Stock Exchange.
Advised RZQ Finance on its sukuk programme listing on the Vienna Stock Exchange.
Lawyers
Practice head
Antony Cotton; Christopher Axford; Suzanne Middleton-Lindsley
Other key lawyers
Claire Rigby